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

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.
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