Elizabeth Arden has snagged fashion giant Alberta Ferretti [1] as its latest high-profile partner. Fashion Week Daily reports [2] that Ferretti will join the rapidly growing list of fashion designers who have licensed their names for the use on skincare, cosmetics, and fragrance lines.

The line will debut with a fragrance in spring 2009, with skincare and makeup to follow. The details of the products themselves are still under wraps, but it is targeted towards a women who "lives in the present yet looks to the future."

A little vague, but I think we can expect Ferretti to maintain the same levels of excellence with the line as she does with her fashion house. One thing's for sure: it promises to be a lucrative partnership for Ferretti, based on the success of Arden's other licensced lines, which include wildly popular fragrances by Badgley Mischka [3] and Nanette Lepore [4], among others. Judging by her gorgeous clothing collections, it's likely that Ferretti could turn out an equally lovely product line, don't you think?

Source [5]