The rich had a very merry Christmas

NEW YORK (AP) - January 12, 2011

Tiffany and other high-end retailers report the upper crust splurged leading up to Christmas.

Ariane Sommer, a model and author from Los Angeles, bought herself a $3,000 diamond ring.

She says she hadn't bought herself anything special in the last two years.

A Gallup poll finds average daily spending reported by upper-income shoppers rose 45 percent Christmas week.

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