Tiffany Cuts Deal to Keep Exclusive Elsa Peretti Jewelry Rights

Posted on January 2, 2013

Bloomberg is reporting that Tiffany & Co. has cut a deal to keep exclusive rights to jewelry by Elsa Peretti. Bloomberg says Elsa Peretti jewelry accounts for about 10% off Tiffany's sales. Peretti received a $47 million payment, plus royalties as part of Tiffany's renewal of the license. Tiffany and Elsa Peretti have had a deal in place since 1974.

The Elsa Peretti Starfish pendant is pictured below.

Elsa Peretti Starfish Pendant

Photo: Josh Haskin/Tiffany & Co.

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