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Hermes denies reports about Mulberry bid

French luxury group Hermes has denied having plans to acquire British handbag maker Mulberry, after a press report claimed the group was considering a bid.

French luxury group Hermes has denied having plans to acquire British handbag maker Mulberry, after a press report claimed the group was considering a bid.

"Hermes denies having had any contact with or planning to acquire the company Mulberry," Patrick Albaladejo, Deputy Managing Director of Hermes was cited by Reuters as telling the news agency.

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Mulberry shares were flat at 1,300p at 11:00 after hitting a morning high of 1,410p.

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