Hermès sales rise least since 2009

Hermès International, the French luxe fashion-goods house, reported the slowest revenue growth in more than three years. Revenue in the first quarter of 2013 rose 10% to €856.8 million ($1.1 billion). Excluding currency swings, sales increased 13%, the least since the last three months of 2009. Weaker performances in leather-goods, the company's largest source of sales, and watches took the shine off a stronger showing from the clothing unit.