PARIS — Strong third-quarter sales at Hermès International underscored the continuing selling power of iconic luxury goods despite the recession. But the company’s comments about the stronger euro raised question marks on industry earnings as the economic crisis begins to recede.
Hermès said Friday it might beat its target of flat sales at constant exchange rates in 2009 if current trends continue. However, it also flagged a 5 percent drop in full-year underlying profits, blaming the strengthening euro during the second half of this year.
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