Tiffany & Co. and Elsa Peretti License Renewal

Image courtesy of Tiffany & Co.

Image courtesy of Tiffany & Co.

After some speculation in early 2012 that Elsa Peretti would be taking her designs elsewhere, Tiffany & Co. and Elsa Peretti have renewed their license agreement for 20 years.

One of the longest running and most successful license partnerships in the jewelry industry, the Italian designer has been with Tiffany & Co. since 1974. Her designs are best known for being minimalist and organic, mainly in sterling silver, and some of Tiffany’s most iconic pieces. Above: Open Heart Necklace Below left to right:  Bottle pendants, Bean necklace, Bone cuff.

Images courtesy of Tiffany & Co.

Images courtesy of Tiffany & Co.

The deal is to pay Peretti US$47.3 million over the 20 years, in addition to another $9 million in basic royalties and 7% of sales over the same period. Expect to see an expanded line, particularly housewares, and more advertising in the near future.

ARTENCY: Fine Contemporary Jewelry by Artists

Speaking of architects as jewelry designers…

Images courtesy of ARTENCY.

Images courtesy of ARTENCY.

ARTENCY, a new Madrid-based jewelry business, has created a space for artists and architects of varying disciplines to create contemporary fine jewelry. The major difference is that it is solely focused on selling the pieces, that might otherwise be in gallery, online. Owners Silvio Dulinsky and Luis Feliú de la Peña invited an international roster of sculptors, artists and architects to create made-to-order pieces for its global clients. Focused on contemporary design, high quality and accessible prices, the pieces are made by goldsmiths in Spain. Above left to right: Sponge Ring by Priscilla Monge (amethyst and gold plate, US$615), Call to Freedom Necklace by Jennifer Bain (gold, sterling silver, gold plate and amethyst, US$985), The Kiss Blue by Teresa Sapey (sterling silver and enamel, US$345).

Images courtesy of ARTENCY.

Images courtesy of ARTENCY.

Also available on the site are pieces from well known art jewelers Fritz Maierhofer and Karl Fritsch. Above left to right: Square Bracelet by Fritz Maierhofer (anodized aluminum, US$545), Smoky Ring by Karl Fritsch (oxidized silver, smoky quartz, synthetic spinel and cubic zirconia, US$3485).