EAU DE ZAC: Could Zac Posen be taking a cue from business partner Sean “P. Diddy” Combs by creating a fragrance of his own? Posen was at Bergdorf Goodman on Tuesday for an afternoon tea and informal presentation of his fall 2005 ready-to-wear collection. Interestingly enough, the event was sponsored by the Estée Lauder Cos.-owned Darphin skin care brand and its ambassador, Sally Albemarle, invited friends such as Lady Kinvara Balfour, Veronica Bulgari and Anne Grauso. Posen wasted no time in musing over the possibility of creating his own scent, although he did not specify whether Lauder would do the honors. “It’s TBD,” he said. “Developing a project like that takes a long time.” Posen did say, however, that he is a “fragrance snob,” and a fan of “rare, pure fragrances” such as 4711 and Guerlain’s Vetiver. In that case, what exactly would Eau de Zac smell like? “It should be refreshing and interact with the creativity of the Zac Posen woman,” he said. “It should suit her lifestyle — she loves whimsy and imagination and it’s all about luxury.” Combs, who signed a beauty licensing deal with Lauder last May and has a men’s fragrance planned for the fall, joined forces with Posen last year, making an undisclosed investment in Posen’s business, Outspoke LLC.

THE POPULAR DONNKENNY: Donnkenny Inc., which filed for bankruptcy protection last month, is drawing several interested suitors, including sourcing powerhouse Li & Fung as well as Apparel Holdings Group, the maker of Caribbean Joe, according to sources. The New York-based firm, which produces the nicole by Nicole Miller collection sold exclusively to J.C. Penney, last month signed an asset purchase agreement with Donn K Acquisition, a company affiliated with apparel manufacturer Pacific Alliance. That deal, however, is subject to bids from other parties.

This story first appeared in the March 16, 2005 issue of WWD. Subscribe Today.

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