Latest update: According to a July 15 article on WWD.com, Lady Gaga working on a fragrance with Coty is simply a rumor. Coty officials denied a report that the pop star inked a fragrance deal with its beauty division. Bummer.

Mega popstar Lady Gaga is jumping on the celebrity fragrance bandwagon. The "Poker Face" artist, known for her outrageous fashion choices, is working with Coty to create what will certainly be a unique scent.

Gaga's fragrance will hit the market by Christmas. Stay tuned, the marketing campaign will likely be massive.

Check out this blog entry, "10 Things Lady Gaga's New Perfume Might Smell Like," on thefrisky.com. The absence of pants? Too funny.