Paris Hilton Designer's Collection Launched

Paris Hilton has unveiled her namesake clothing line and talked of moving to a gated community.

The 26-year-old heiress, author, singer, perfume designer, reality-TV star and celebubante met a crowd of fans at the Los Angeles event.

"It's a dream come true to have my own clothing line," she said, wearing a gold sequined mini-dress. "It's just Paris style: fun, bright and flashy."

The collection, which Hilton described as "really comfortable" and "really affordable," includes shoes, T-shirts and jeans. Hilton said she spent a year submitting and approving designs.

"It's just from my closet to their closets," she said. "I'm just excited about it and everyone really loves it."

Additional pieces will be released next month, she said.

The heiress also discussed other newsy matters in her life: her pregnant pal, Nicole Richie ("She's going to be a great mom," Hilton said), and the pending sale of her Hollywood Hills home.

"I'm going to miss my house because I love it. I really designed it to be my perfect taste," she said. "But too many people know where I live and I'd rather be in a gated community."

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