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NEW YORK — NexCen Brands Inc. has completed the sale of its Bill Blass licensing business to Peacock International Holdings LLC, the company has announced.
 
Under the terms of the deal, Peacock International purchased substantially all of the assets related to the Bill Blass licensing business for approximately $10 million in cash. NexCen will use the proceeds from the sale to pay down debt associated with the Bill Blass business.

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