Both Goldman and SpendingPulse report Luxury Sales in jewelry, luxury and electronics retailers see strong growth for the holiday season

Via MarketWatch:
U.S. consumers spent 5.5% more in the 2010 holiday season than they did a year earlier, buying lots of clothes to counter cold December weather and even big-ticket items like jewelry and luxury goods, according to the SpendingPulse division of MasterCard Advisors. The report measures sales excluding cars for the 50 days from Nov. 5 through Dec. 24. "If last year's holiday story was about gaining some stability, this year's is about getting back to growth," said Michael McNamara, vice president of research and analysis for SpendingPulse, in a Monday statement. Online sales were strong, up more than 15% for the period, SpendingPulse reported.


Additionally, Goldman reports that holiday sales are the best since 2006, via Bloomberg: 
ICSC-Goldman says holiday excitement was the best since 2006, reflected in a third sizable gain in a row for its same-store sales index which rose 1.0 percent in the December 25 week. The year-on-year rate of plus 4.8 percent is six tenths above the prior week's pace and is the strongest since the Easter comparison distortions of April.

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