Spondulicking
Throwing down the bennies for high-end, in vogue purchases.  Spondulicking is typically reserved for purchases made by a fashion maven, but may refer to any acquisition.
After hitting the jackpot, Johnny spent the afternoon spondulicking in the shops of the Venetian.  What better way to use a payday than spending it on Ravazzolo suits, Paul Smith ties, a Dolce & Gabbana leather belt, and a Montblanc watch!?