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Fresh off her JUBILANT performance for Her Royal Majesty, Jessie J entertained a slightly less regal crowd at Capital FM's Summertime Ball.

She ran into Katy Perry backstage and — rumor has it — the two multi-platinum recurring artists were pleased as punch to get in some good girl talk over tea and crumpets.

It wasn't all ice cream, butterflies, and Freddie Mercury mustaches, though.

The duo talked biz, ultimately deciding a partnership might be profitable.

Jessie J said:

Tags: capital fm summertime ball, freddy mercury, jessie j, jubilee concert, katy perry, music minute

Because they did SO well with their singing career, Jedward aka the high-haired twins from X Factor, are launching their own line called Pop Icons.

GROAN.

John and Edward Grimes say of their upcoming range:

"Fashion is our big passion and our collection will look hot on the catwalk. We think everybody will love to wear stuff like that. Our clothes will have lots of bold colour and cool patterns."

Uh huh, just like everybody LOVED your music, right?

Pop Icons will be inspired by Michael Jackson and Freddie Mercury iconic style, which could be modeled by the twins down the runway if it even makes it that far.

Jedward added:

"We're signed to Next Models so we have experience. We know how to pose and walk, plus we've worked with some big-name photographers."

Just because you know how doesn't mean you should.

What do U think of Jedward's new business venture???

[Image via WENN.]

Tags: edward grimes, freddy mercury, jedward, john grimes, new collection, pop icons, x factor