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Taylor Swift to Launch Perfume Line

Taylor Swift is partnering with Elizabeth Arden to create her own line of perfume and fragrance products. The first fragrance, Wonderstruck, was launched in late 2011.
Kevin Winter/Getty Images
Singer/songwriter Taylor Swift arrives at the premiere of "Easy A" on Sept. 13, 2010, in Los Angeles.
Kevin Winter/Getty Images

NEW YORK (CBS) Taylor Swift will soon be captivating fans' noses, in addition to their ears.

The 20-year-old singer is teaming up with Elizabeth Arden to create her own line of perfume and fragrance products.

PICTURES: Stars with Fragrances
PICTURES: Taylor Swift

Arden, the maker of designer perfumes for fashion line Juicy Couture and celebrities like Britney Spears and Elizabeth Taylor, said on Monday. the first fragrance will be launched in late 2011, according to Reuters.

Swift will reportedly be involved in all aspects of the product development, packaging and advertising. There is no name as of yet for the new line.

"I have always loved how fragrance can shape a memory, the way certain scents remind you of events and people that are imprinted in your thoughts," Swift said in a statement.

The announcement comes a week after the Grammy-winner released her third album, "Speak Now."