NEW SCENT FROM KARAN
NEW YORK — Donna Karan will launch a new women’s fragrance in the fall, according to reports circulating in the market this week.
A spokeswoman for the Donna Karan Beauty Co. declined comment, and no other details were available. This, however, is not expected to be the long-anticipated DKNY fragrance.
During an appearance on March 7 at a meeting of the Cosmetic Executive Women at the Plaza Hotel, Karan discussed the possibility of eventually developing DKNY as a second brand under the Karan beauty umbrella. She also mentioned the possibility of entering the color cosmetics market. She did not say when either event might happen.
As reported, there has been speculation that the company is preparing an initial public offering. The company has not commented on that report either.