Madonna Close To Signing Scent Deal

click image to enlarge
September 15, 2011 | 4:30am EST

Madonna has a good nose for a new deal – the superstar is in talks to launch her first fragrance.
The Material Girl is conducting “serious discussions” with perfume giant Coty, according to

If a deal is struck, Madonna will follow in the footsteps of Beyonce and Jennifer Lopez and release a perfume through the company.

Lady Gaga also has a fragrance coming out under the Coty banner next year.

This won’t be Madonna’s first foray into cosmetics – her Material Girl line, aimed at the teen market, launched nail polish, lip gloss, body sprays and lotions last month.