The twins will create their first perfume under their own Elizabeth and James label with Sephora in March.
The senior vice president of Sephora Originals, Michael McGeever, confirmed the spring collaboration yesterday.
“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,” he told WWD.
The duo aren’t new to the fragrance business, having previously launched a range of body sprays.
The 26-year-olds have also been busy at New York Fashion Week, showcasing the Spring/Summer 13 collection of their luxury label The Row.