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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.

by: moneyweek
6 Mar 2013

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.

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

MF

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