Fashion designer Tory Burch is planning to launch her very first fragrance. The scent is still in the initial planning phase, but will be created in association with Estée Lauder and will be “of great value at an accessible price,” Tory Burch told WWD. Tory also stated “For me, beauty was part of the plan since the beginning, especially fragrance . . . We wanted to establish ourselves for who we are and learn who we were, and it’s taken us seven and a half years to really understand, from where our potential is, as well, and growth around the world.”

Interested? You’ll have to wait till 2013 before you can try it.