Luxury addicts will soon have their noses in the air—not to look down on people, but to smell two forthcoming fragrances. Karl Lagerfeld, who designs Chanel, has teamed up with Coty to create a signature line of fragrances. No word yet on when it will be ready for public consumption, but if I have to, I'll track down the ponytailed designer myself to find out!

If you can't wait for eau de Lagerfeld, you'll merely have to count down until October to smell Gucci by Gucci. The new fragrance is meant for women, but according to WWD, it has notes usually found in masculine scents: Top notes of patchouli, honey and musk; middle notes of Tahitian Tiare flower, orange blossom and spider lily; and top notes of guava, raspberry and pear.

To find out which famous director is directing some high-profile models for the TV ads, and to find out about the amazing bottle design, read more