Newspaper reports today have raised concerns that a number of perfumes, including Chanel No 5, could be banned in Europe, because they contain a number of potential allergens. It comes on the back of a scientific study which listed 100 potential new allergens - some of which are in popular perfumes.
So will it lead to a ban?
The current rules effect just 26 ingredients. Even these are not banned in the EU, but if they are in a perfume then they have to be listed on the bottle so that people who are allergic to them can check if they will react to a scent.
The EU held a scientific review with a panel of experts, and they drew up a list of 100 ingredients which could potentially be harmful to some users. They suggested that some ought to be banned, while others should be limited.
In addition, they suggested that some popular ingredients ought to be limited in quantity so that they make no more than 0.01% of the perfume. These include citral (which is found in some citrus oils) and eugenol (which is in rose oil).
At the moment these are just proposals, and the European Commission has been quick to underline that there is no plan to ban or limit any perfume at the moment. The next step is to consult industry and consumer groups - at which point it will become clear whether any perfumes have to change their ingredients (or list them on the bottle) in order to remain for sale in the EU.
It's clearly far too early to panic. However, this isn't something to be shrugged off, because smelling good is a massive global industry. It's worth over $333 billion worldwide - and Europe remains the world's largest market for fragrances.
Christmas is a vital part of this market. According to GFK Retail, it's not unusual for sales to double in December, as unimaginative partners stick with what they know.
However, there have already been some worrying signs for fragrance houses. Even before the global financial crisis hit, Europeans were cutting their spending on smelling good, according to Global Industry Analysts. They added: "As a result, the financial crunch that followed the recession only led to a further worsening of the scenario, as evidenced by retail de-stocking and decline in consumer spending." They don't need another kick in the teeth right now from the EU.
On the other hand, you have to ask whether any other product which contains allergens would be allowed to get away with not putting details on the packaging.
So what do you think? Let us know in the comments?
10 of the weirdest celebrity products
Will EU ban Chanel No 5? Why and what does it mean?
When it comes to bizarre celebrity products, they don't come much weirder than the Bill Wyman Signature Metal Detector, designed and marketed by the former Rolling Stones bass guitarist.
Apparently, Wyman, who is now in his mid-70s, loves archaeology and has used his own metal detector to find relics in the English countryside dating back to the Roman Empire.
Fans of US president Barack Obama can show their appreciation for the politician by buying a Barack Obama Chia - shaped like the president's head - and growing grass out of the top of it.
And for those who prefer a more historical theme to their garden ornaments, Chias shaped like the heads of George Washington and Abraham Lincoln are also available.
Action star Sylvester Stallone put out a protein-infused pudding designed to appeal to fans keen to build muscles like the big man's.
Unfortunately for them, however, the pudding has now been taken off the market.
Heiress Paris Hilton endorses numerous products, ranging from outfits for your dog to hair extensions.
But the most random Paris Hilton product on the market has to be her line of craft supplies, the Creativity Collection, which features items such as stickers and transfers.
Rapper Snoop Dogg's latest business venture is a "smokeable" lyric book.
"Rolling Words: A Smokable Songbook" contains the words to some of Snoop's biggest hits, including "Ain't Nothing But A G'Thang" and "Gin and Juice" - all on cigarette rolling papers.
Hollywood film director David Lynch loves coffee so, of course, he decided to make his own.
Embarrassingly, the tagline on the David Lynch Signature Cup is "It's all in the beans ... and I'm just full of beans."
Former boxer George Foreman's grill is undoubtedly the most successful, random celebrity product of recent years.
The "machine", which claims to reduce the fat content of your meal by 42%, has earned Foreman more than $200 million over the last decade or so.
Supermodel Heidi Klum has her own line of low-fat sweets, which includes Heidi's Yogurt Dessert Cremes and Heidi's Yogurt Fruit Cremes.
Apparently, the design of the sweets is influenced by icons that Klum uses in her text messages to friends. Strange.
Actor Danny DeVito is such a big fan of Italian liquer Limoncello, he decided to launch one of his own.
Called Danny DeVito's Premium Limoncello, the diminutive star claims that it's "like pouring yourself a glass of liquid sunshine straight from Italy's Sorrentine Peninsula".
Steven Seagal made his name leaping around in action films that allowed him to show off his martial arts prowess. But he is also behind an energy drink called Lightning Bolt.
Advertised as being "packed with vitamins and exotic botanicals", it sounds like just the tipple if you are planning to take on 10 armed men with your bare hands.