Madonna and Lourdes Material GirlMadonna has conquered the world of music and is ready to move on to her next feat: taking on the fashion industry. The singer will debut a junior's fashion line in August -- appropriately labeled Material Girl -- and her business partner is none other than her 13-year-old daughter, Lourdes. "As we are working, I see her more as a creative person, as an artist," Madonna told the Associated Press (via PEOPLE). "Then every once in a while, I remembered that she is my daughter."

The singer had fair warning that Lourdes, whom Madonna calls Lola, was interested in fashion. "My Christian Dior shoes will go missing, and then some fabulous bag or my skinny jeans -- the only pair that fit me -- are gone ... Lola has been bothering me for ages about designing clothes."