Olsen twins' Elizabeth & James to launch signature scent

New York fashion powerhouse The Row may have gotten all the attention with its Spring 2013 collection at New York fashion week, but Elizabeth & James -- the newest edition to the Olsen twins' empire is about to steal the show by taking the perfume industry by storm.

Mary-Kate and Ashley Olsen's second ready-to-wear label will launch its first fragrance exclusively with Sephora in March of next year.

The twins are self-confessed perfume junkies and are said to be partial to a spritz or two of Prada's Tendre Eau de Parfum, Marc Jacobs' Grapefruit Splash, Black Orchid by Tom Ford, CK Euphoria and L'artisan Mure et Musc. While this mixed bag of scents provides little clues about the composition of the twins' new fragrance, if you could bottle their cool retro style you might come up with a vintage-themed scent with a few sweet notes and a fabulously stylish bottle.