Broke women everywhere rejoice: Christian Louboutin -- the designer of those famous red-soled shoes that sell for anywhere from $700 to $7,000 -- is launching a beauty line later this year.

Rumors are flying that it'll be called Christian Louboutin Beauté, and it'll reflect the same femme fatale aesthetic as his heels. Even though specific product details have yet to be revealed, Louboutin has said the line will include everything from mascara and eyeshadow to lipstick and nail polish.

We're calling it now: This is going to spark a cult-like following. Here's hoping us normal folks who can't afford his pumps can buy his makeup.

Chime in: What do you think the luxury line will include -- and will it be affordable?

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