A Holiday of "Now-or-Never" Gifts?

Retailing expert Paco Underhill expects lots of folks to gift themselves with a once-in-lifetime splurge this year

This holiday season, many shoppers will be motivated to spend on luxury goods and big-ticket items by a feeling of "If not now, when?" That's according to retailing guru Paco Underhill, founder and managing director of retail consultancy Envirosell. With the economy improving while the global political outlook remains unstable, Underhill says many shoppers will use the holidays as an excuse to treat themselves or their families to once-in-a-lifetime splurges like a Rolex watch, a boat, a second home, or an exotic vacation.

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