Photo: Dimitrios Kambouris WireImage

Seems Chanel's Karl Lagerfeld is getting some serious face time with muse Blake Lively.

The "Gossip Girl" star has recently been in Paris filming a new ad campaign for the fashion house, E! News is reporting. Lively will promote the brand's handbags in a campaign that will be released in early 2011, according to the news site.

StyleList can't wait to see how the girl who just landed herself on Vogue's Best Dressed List embodies the Chanel woman. Très bien, we assume!

In July, the up-and-coming fashion icon was seen brushing shoulders in the front row at the Chanel Haute Couture show during Paris Haute Couture Fashion Week. And come September, she attracted a media swarm when she went out and about with Herr Lagerfeld after the reopening of Chanel's SoHo outpost in New York City.

Meanwhile, check out the outfit Lively wore in October to the Tiffany & Co. eyewear launch and see if it passes your fashion test.

And click here for a roundup of Lively's most questionable ensembles (you can't win 'em all!).

Also, read about our Christmas wish fulfilled: Lagerfeld's new capsule collection for Macy's.