Elle Macpherson is headed to your living room! The supermodel is slated to host NBC's new reality show Fashion Star, which will make its debut in 2012, reports the New York Times. The show's producer, Ben Silverman, promises a down-to-earth design show, with competitors from backgrounds in casual clothing like swimwear, jeans, and lingerie. Macpherson, who has creative experience of her own from working on her successful Elle Macpherson Intimates lingerie collection, will be joined by retail buyers in deciding whose looks have what it takes to succeed. And there's a new element to this competition: The outfits from each week will be available to buy online after the show, whether the designers win or lose. Ultimately, one lucky winner will earn a multi-million dollar contract and a spot in top retail stores. We can't wait to see the contestants!