Hermes Sales Growth Up 31%, Driven By Store Sales

MADRID -- French luxury goods maker Hermes International SA on Tuesday said third-quarter sales rose 31% to 590.1 million euros ($817 million) against €452.1 million in the year-ago period. At constant exchange rates, sales rose 20%. The group reported robust growth in its own store sales. For the first nine months of the year, sales rose 25.4% reported and a 20% at constant exchange rates. Hermes said the recovery in wholesale revenues seen in the first half was confirmed and all its businesses delivered growth. The group said its sales target for the year could be around 15% at