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Reuters
Published
Jun 2, 2009
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Hermes confirms target of stable 2009 sales

By
Reuters
Published
Jun 2, 2009


Montre Arceau grand modèle d'Hermès

PARIS, June 2 (Reuters) - French luxury goods group Hermes (HRMS.PA) on Tuesday confirmed its target for more or less stable 2009 sales at constant currencies and said the impact of the economic crisis on purchasing power was still a factor.



Patrick Thomas, head of Hermes, told shareholders at the annual general meeting that it would be an "illusion" to think the group would be shielded from the effects of the crisis.



(Reporting by Pascale Denis, editing by Marcel Michelson)

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