Gucci

YSL Beaute fragrances and cosmetics division agreement with fashion designer Stella McCartney will yield fragrance by 2003, fashion house announces. Gucci has secured license to develop, manufacture and distribute perfumes and cosmetics under the Stella McCartney brand, firm says. Gucci and McCartney established Stella McCarney Ltd. in April and launched first women's ready-to-wear collection under the label Oct. 15. McCartney license joins Balenciaga and Alexander McQueen as recent additions to YSL portfolio