Gwyneth Paltrow Set To Launch New Fashion Line For Lifestyle Website Goop In 2015

Gwyneth Paltrow is set to design her very own clothing line. According to E! News, the 42-year-old Oscar-winning actress will launch her eponymous clothing line on her lifestyle website Goop in 2015. Although this will be her first collection, this is not Paltrow's first venture into the fashion world. She has teamed up with some of the biggest names in fashion to create exclusive collaborations including, Diane Von Furstenberg, Stella McCartney, Michael Kors and more.

Based on her past collaborations we can envision a line of basic wardrobe staples. Pieces that are simple and classic, in a range of neutral colors. The brand will also include beauty and home products. The line will run under the direction of newly-appointed CEO Lisa Gersh, who was previously CEO and president of Martha Stewart Living Omnimedia.

This business move recently sparked up criticism from Stewart, regarding the new line. As many fans recall, she had harsh words for Paltrow in the Fall 2014 issue of PORTER magazine. "She just needs to be quiet- she's a movie star," Stewart told the publication. "If she were confident in her acting, she wouldn't be trying to be Martha Stewart."

Surprisingly, Paltrow was flattered by the comments. "If I'm really honest, I'm so psyched that she sees us as competition," she explained. "I really am."

She continued to explain how surprised she is about her recent success. "When I started it, it really was just for myself and my friends," she admitted. "I didn't foresee the community I was creating. I sometimes look back and say, 'What the heck, what was I doing?'"

At least now she has confirmation that what she's doing is working. When Stewart takes notice, you know you're going in the right direction!