District MTV is aimed at fashion savvy 18- to 34-year-olds in the UK, Italy, France, Germany and Spain. It will make use of MTV's existing connections to pop culture, music and fashion.
A spokeswoman for MTV parent Viacom International Media Networks said it was "in the final stages of signing a launch partner" for District MTV.
Editorial content will focus on celebrity style, with tips on how to recreate looks, videos from MTV network, and interviews with the celebrities and stylists themselves.
It will also showcase emerging designers and street style trends. Regular features on the website will include 'The Daily Drop' news alert, the 'Look Look' look-of-the-day poll, and 'This is my Jam' playlists.
Melanie Hick, former Huffington Post senior editor, as been appointed editor-in-chief, and former Dazed and Confused contributing editor William Oliver has been appointed editor.
Philip O’Ferrall, senior vice-president, Viacom International Media Networks, Digital, said: "MTV has always had a strong influence on style, fashion and trends. With this longstanding heritage, it makes sense for us to enter this space and launch a new conversation with a style-focused audience that celebrates the integral connection between music and fashion."
MTV recently signed up the perfume Emporio Armani Diamonds to be the headline partner of 'MTV Brand New For 2013', which is MTV UK's annual campaign to promote new music.Follow @shearmans