gwyneth paltrow at valentino the last emperorCue the music -- dah, dah, duh, another celebrity turns designer! Gwyneth Paltrow will be the next celebrity to try her hand in the fashion biz when she comes out with her own line, ZOEtee's Loves Gwyneth, for the French brand ZOEtee's, just in time for the Fall/Winter '09 season.

Gwyneth actually has a lot of credibility in the industry. She frequents the best dressed lists and rubs elbows with big name designers. We're not surprised to see her giving her own line a go.

Although, in this economy, and with rumors that her gym (a business venture with her trainer) is overpriced and is predicted to undersell, we're wondering why Gwyneth chose this moment to strike.

As for details on the actual clothes, Elle reports, "Made up of jersey basics as well as some glam, 1970s inspired looks and pieces influenced by masculine tailoring, the collection will be unveiled to the fashion press next week in London."

Proceeds will go to Gwyneth's favorite charity, the London's Kids Company.

Would you buy clothes from Gwynnie?