About
Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Solutions
Get targeted insights into industry trends with our quarterly sector reports, so you can predict the future and stay a step ahead.
Learn More
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your real-time focus group keeping you connected to consumers and giving you a critical edge over your competition.
Learn More
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More

Is Luxury Immune to Inflation?

May 26, 2022
I’ve noticed a theme emerging over the last few weeks as companies release earnings reports. 

It’s obvious that inflationary pressure and supply chain bottlenecks are weighing on companies (Hello Walmart and Target), alongside shifts in what kinds of purchases consumers are completing (experiences vs. goods). 

But consumer demand in one retail segment appears undaunted: luxury apparel. 

Let’s break down the top names in luxury apparel and accessories: 

Take Burberry (BBRYF), for example.… 

Burberry (BBRYF) Purchase Intent is trending +6% QoQ and +10% YoY. 

The luxury brand reported earnings a couple of weeks ago and revealed profitability hit its highest level in eight years. 

That was, as reported by Bloomberg, after efforts by the company to make its brand more exclusive and pricer. 

Meanwhile, D&G (Private) mentions have hit an all-time high, trending +40% QoQ and +110% YoY, fueled by its sponsorship of a Kardashian wedding.
But other brands such as Canada Goose (GOOS) and Watches of Switzerland have reported strong demand too. 

While inflation is soaring at near 40-year highs, the demand for luxury goods has surprisingly not faded, with higher income earners seemingly not yet touched by surging prices. 

In fact, mentions of shopping for designer apparel continue to rise, currently pacing +14% higher YoY.
This week, Ralph Lauren (RL) flexed its high-fashion prowess when it released positive earnings. 

The company posted fiscal Q4 revenue increased 18% to $1.5 billion, topping estimates of $1.46 billion. 

And, LikeFolio data shows Ralph Lauren (RL) STILL looks strong – and it is in good company…

Aside from RL, Moncler (MONC.MI) and Aritzia (ATZ.TO) and Louis Vuitton (LVMUY) are gaining steam with consumers, although winter designer clothing manufacturer Canada Goose (GOOS) is showing signs of off-season struggles.

The question is, will the splurge on luxury brands continue to buck inflation, or will spending eventually fall in line?

We, at Likefolio, will continue to monitor these names for any sign of a change, but for now, luxury spending looks solid across the board.

Related Posts

Projecting Company Seasonality

Projecting company seasonality midway through the busy season can give […]

Read More
PayPal Crypto Mentions are Booming

PayPal (PYPL) Last quarter, PayPal recorded the strongest growth in Total Payment Volume […]

Read More
Not All Retailers are in the Same Boat

At LikeFolio, we're watching for indicators that the consumer is […]

Read More

Related Posts

Related Reports

KEEP YOUR COMPETITIVE EDGE

Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

©2022 LikeFolio. All Rights Reserved.
Privacy Policy
|
Terms of Use
LikeFolio userslaptop-phonepie-chartchart-barsselect