Well-heeled shoppers are watching their spending this holiday season, Bloomberg reported. Although the most well-to-do shoppers still think nothing of dropping $4,600 on a Hermes tote, cracks have appeared in the $94 billion U.S. luxury market, especially for companies that cater to "Henrys" -- High Earners Not Rich Yet. Coach Inc. has said customers plan to spend less on gifts and that mall traffic fell sharply last month. Analysts predict that Nordstrom Inc.'s fourth-quarter sales may grow less than half the year-ago pace of 6.1 percent. Tiffany & Co.'s third-quarter comparable sales in the Americas were barely higher. Even before Black Friday, Saks Inc., Neiman Marcus Group Inc. and Nordstrom offered 40 percent off on many brands. With memories of the 2008 financial crash still fresh, some wealthy shoppers are questioning whether stock market gains to record highs are sustainable.