FRANKFURT Dec 21 French luxury goods group
Hermes sees 2012 sales up almost 20 percent at 3.4
billion euros ($4.5 billion), helped by demand from China, its
chief executive told a German magazine.
China, including Hong Kong and Taiwan, is already the
Paris-based company's biggest market: "And that will stay that
way for at least the next 50 years," weekly Der Spiegel cited
Patrick Thomas as saying in an excerpt of an interview to be
published on Saturday.
Hermes, known for silk scarves and Birkin and Kelly
handbags, raised its 2012 sales outlook in November, saying
growth at constant exchange rates could exceed 13 percent,
compared with a previous forecast of 12 percent.
"In the next five years our annual growth should be above 10
percent," Thomas told Der Spiegel.
($1 = 0.7555 euros)
(Reporting by Maria Sheahan; Editing by Elaine Hardcastle)