As part of its efforts to de-leverage the company, Liz Claiborne Inc. has amended its long-term license agreement with Elizabeth Arden via a $58.4 million cash deal allowing Elizabeth Arden to acquire the trademarks for the Curve fragrance brands and selected other smaller fragrance brands. The amendment also includes a lower effective royalty rate associated with the fragrance brands that remain under license, including Juicy Couture and Lucky Brand fragrances, reduces the future minimum gu...