Kanye West is setting up shop in the U.K. so he can launch his fashion line and record music, according to tabloid reports. The uber-producer wants to stay in London so he can focus on his women's clothing label and have it ready for Paris Fashion Week in March.

"He went home for the holidays but was proclaiming that he is now based in the capital and would return in early January," said a source (via RapFix). Yeezy is already search for a huge studio apartment and is scouting for models to wear his newly-designed outfits.

Along with making clothes, West will also be making beats for his upcoming G.O.O.D. Music compilation album. Rapper Big Sean revealed that the whole crew plans to fly across the pond next year to complete the project. “We're gonna do the G.O.O.D. Music album first, we been working on that," he says. "It's almost done. We're going to London to finish it up and do the last part of it and working on my [second] album at the same time with ’Ye and everybody.” West recently shared some of his new music at a holiday party in London, much to the fans' delight.

It's good to know that Mr. West is not resting on his laurels after his big year with the 'Watch the Throne' album and sold-out U.S. tour. So expect more G.O.O.D., rather, G.R.E.A.T. music in 2012 from Yeezy and the gang.