![Hermés is off its stride due to the fallout of COVID-19 lockdowns, travel restrictions and store closures. Image credit: Hermés](https://cache.luxurydaily.com/wp-content/uploads/2020/07/hermes-073120.png)
Hermés, in line with its peers LVMH, Kering and Richemont, saw a major slump in revenue over the second quarter and the first six months of the year as COVID-19 lockdowns and travel restrictions took a toll on retail-store operations.
Hermés, in line with its peers LVMH, Kering and Richemont, saw a major slump in revenue over the second quarter and the first six months of the year as COVID-19 lockdowns and travel restrictions took a toll on retail-store operations.