If you've got cash to burn this holiday season, turn to Nordstrom. The retailer has just announced its first-ever Ultimate Gift Collection, which stocks one-of-a-kind gifts by Tory Burch, Juicy Couture, artist Ruben Toledo, and celebrity photographer Sam Jones. For $15,000, you can get a custom silk Ikat couch designed by Burch or an armoire designed and stocked by Juicy (below).
What's the justification for such steep gifts? “Value and special items are two primary factors driving retail purchases today. The other thing driving purchasing is when customers find items that are special and unique — items they won’t find anywhere else,” said Pete Nordstrom, president of merchandising. 'Tis true.