Project Runway's mentor extraordinaire Tim Gunn has signed on to become the Chief Creative Officer of Liz Claiborne. He will oversee the designers of such labels as Juicy Couture, Kate Spade, Lucky Brand Jeans and DKNY Jeans. He'll maintain some kind of relationship with Parsons, where he has served as the design department's chair since 2000, and will be hosting Tim Gunn's Guide to Style on Bravo. While a contract has yet to be signed, he is expected to be part of Project Runway's fourth season.

Did you know that Liz Claiborne, the purveyor of mom fashion, oversaw design at Juicy Couture? It's too bad Tim couldn't have been at the helm earlier. He might have stopped the fitted velour sweatsuit trend before it trickled down Wal-Mart way. Seriously. Had he gotten to the Juicy team in time the words "sassy" and "hottie" might not be emblazoned over the rear ends of America's teens today. Better late than never, I suppose. Tim Gunn, you're American sportswear's only hope.