Pam Danziger, author of Putting the Luxe Back in Luxury and president of Unity Marketing, is predicting that the affluent and aspirational will be reluctant to indulge in showy luxury items this holiday season. In part, she says, it is a response to the Occupy Wall Street movement, which has made it unpopular to indulge in conspicuous consumption.
Danziger predicts a continued emphasis on practical gifts such as technology and on experiences.
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