People News

Gisele Bundchen latest celebrity H&M designer

By Stone Martindale May 7, 2007, 13:51 GMT

Brazilian supermodel Gisele Bundchen EPA/GARY I ROTHSTEIN

Supermodel Gisele Bundchen is eagerly awaiting her contract with Victoria's Secret to run out, according to Page Six, so she can cash in on her new deal with H&M.

H&M is a giant Swedish retailer that includes Madonna and Kylie Minogue in their stable of celebrity fashion designers.

Richard Johnson of Page Six reports the Brazilian model, currently on the arm of boyfriend New England Patriot Tom Brady - is "negotiating a lingerie line" with the label.

"Gisele has been in talks with H&M for a long time, but for legal issues she has to wait for her Victoria's Secret contract to end to start the project."

Reps for Bundchen had no comment for Johnson.