[artist id="2408193"]Miley Cyrus[/artist] heated up the [article id="1612982"]MTV Movie Awards[/article] red carpet last Sunday in a beige Moschino dress, and now she's hooking up with designer Max Azria (of BCBG and Hervé Léger) to start her own clothing line.

The line, called Miley Cyrus & Max Azria, will hit Wal-Mart, where her good friend [artist id="2389485"]Taylor Swift[/artist] has a clothing line, this August. Everything in the collection, which will include tops, pants, graphic T-shirts, shoes and accessories, is inspired by [url id="http://www.mtv.com/photos/miley-cyrus-fashionista-fashion-designer/1613179/3953730/photo.jhtml"]Miley's own personal style[/url] and will be priced under $20.

"I love creating looks that are all about personal expression and individuality," Cyrus said in a statement. "Collaborating with Max Azria has been an amazing experience, and I'm really excited about launching this line with Wal-Mart. There's even more to come!"

She later took to Twitter to announce the news. "In August my clothing line with MAX AZRIA (bcbg) is coming out in walmart!!! it's soooo cute! very rocker and hey who doesn't want a great deal!!!" she wrote. "i love u guys! I'm so exited to share this wit u."

But Miley's clothing line wasn't her only big announcement. This summer she'll be hitting the road for a tour with her brother's band, Metro Station. "that's right folks- I'm going on tour!!! but not any tour, with METROSTATION!!!!" she Tweeted. "I can't wait to see y'all there! go to mileycyrus.com or ticketmaster.com!!! yayy :) we are selling tickets the REAL way!!!"

The tour kicks off September 14 in Portland, Oregon, and will hit 45 cities before wrapping up in Miami on December 2. Tickets go on sale June 13 and are being offered at $40-$80.