In Brief

American fashion brand Tory Burch LLC has signed a multi-year agreement with The Estee Lauder Companies for worldwide licensing of a fragrance line, the firms announce Oct. 28. First products under the partnership are slated to launch in 2013, marking the brand’s first entry into the beauty industry. “Fragrance is a natural extension of our brand – we will create unique fragrances that complement a woman’s innate beauty,” CEO and designer Tory Burch says.

New York-based International Flavors & Fragrances has opened a “state-of-the-art” facility in Dubai to house creative and applications labs and...