Karl Lagerfeld, Blake Lively

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Blake Lively is taking another step on her way to becoming a full-fledged fashion icon.

A source tells me…

The Gossip Girl beauty will star in a new ad campaign for Chanel. I'm told she was just in Paris shooting for the French fashion house's handbag collection. The ads should launch early next year, the source says.

The 23-year-old starlet is no stranger to Chanel.

In July, Lively was one of the designer Karl Lagerfeld's famous friends in the front row of the Chanel Hauté Couture show during Paris Hauté Couture Fashion Week. In September, she hit the reopening of the Chanel store in New York's Soho neighborhood.

She'll next be seen on the big screen in June in the Green Lantern movie opposite People's freshly-minted Sexiest Man Alive Ryan Reynolds.

Now we want to hear from you: Do you love Blake's fashion sense? Sound off below!

PHOTOS: Blake Lively's Fashion Spotlight

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