Tiffany (TIF) strikes a licensing deal which will allow it to continue to sell Elsa Peretti...

|About: Tiffany & Co. (TIF)|By:, SA News Editor

Tiffany (TIF) strikes a licensing deal which will allow it to continue to sell Elsa Peretti jewelry with the company giving up a one-time payment of $47M and royalties for twenty years. The agreement is important with the Elsa Peretti line accounting for close to 10% of Tiffany's overall sales haul.