Ashlee Simpson Planning Her Own Fashion Line

Ashlee Simpson didn't have much luck as a singer or as an actress so she's going to try her hand at fashion.

Ashlee is planning on following in her sister Jessica Simpson's footsteps and launching a fashion line.

A source tells Star magazine, "Ashlee wants to start a clothing line. She wants it to be both preppy and punk rock. She thinks she can really succeed in fashion."

Ashlee was fired from 'Melrose Place' earlier this month, which basically frees up her entire schedule.

There are reports that she's also planning on reprising her role as Roxy Hart in 'Chicago' for London's West End, but there are still very few details about her return to the stage.

What do you think about an Ashlee Simpson fashion line? Would you buy her clothes/shoes/accessories?