Good news: Tiffany will continue to sell Elsa Peretti

Mar 3, 2008
353
0
Red Sox nation
Back in May there was news that Tiffany may stop selling Elsa Peretti...however, it looks like they came to a deal. According to racked:

"Good news for all ye Tiffany & Co. heart- and/or bean-shaped accessories fans: The company has re-upped it's license with Elsa Perreti for another 20 years.

Back in May, the Italian designer announced that she was planning to "retire" from her 35+ years of working with the jewelers. Tiffany, however, was keen on keeping Perreti around, since her designs account for 10% of the company's net sales. Reps told WWD that Tiffany made "a firm offer" to the designer "in an amount that is based upon the value of the Peretti intellectual property to Tiffany," which we now know amounts to $47.3 million straight up, plus a basic royalty of $450,000 a year and 5% of net sales. Firm indeed."

Yeah! We can still get diamond by the yard, beans, etc. at Tiffany!!! I love Elsa's designs.

Just thought fellow fans would like to know.
 

AndieAbroad

UK via AUS and USA
Dec 1, 2012
398
2
:goodpost: Almost every single one of my favourite Tiffany motifs is Perreti. I think she really embodies the classic, simple chic style. This is great news!
 

MatAllston

O.G.
Sep 19, 2006
6,045
1,849
Thanks for the update. I own one of her diamond rings and I would like to add a DBTY bracelet in platinum one day. This gives me time to save.
 

PeacefulMommy

Member
Nov 14, 2012
705
19
Florida, USA
Yay! Elsa Peretti designs are BY FAR my favorite pieces at Tiffany & Co.!! DBTY, Bean, Open Heart... I would be lost if these weren't available any longer (mostly because I'm still purchasing them all!)
 

ShimmerDreamz

Member
Feb 19, 2012
455
175
UK
I cannot begin to fathom what would have happened had the Peretti designs been retired. They are such beautiful classics and my favourite collection by far! That fluidity and beauty of the metal lines are unmatched imo.