1/14/1987 - New York: A beaming Elizabeth Taylor appears at a press conference here 1/14 at which it was announced that the actress, in collaboration with Parfums International, ltd., the prestige fragrance group of the Prince Matchabelli Div. of Chesebrough-Pond’s Inc., would introduce a new fragrance as part of a major business agreement. (UPI Photo/Ezio Peterson/Files)