Olsen twins to launch a fragrance next spring

Mary-Kate and Ashley Olsen have announced that they are launching their first fragrance.

The acting and designing twins will be bringing out the scent in March 2013 under their Elizabeth And James label in association with cosmetics brand Sephora. Michael McGeever, senior vice president of Sephora Originals told WWD: "We look forward to bringing the modern perspective and fashion philosophy of Elizabeth and James designers Mary-Kate and Ashley Olsen to life with this prestige fragrance."

No word yet on what the perfume will smell like, but we'll bring you news as soon as we get it.