RUMOR OR REAL: WITH NO WEDDING PROPOSAL IN SIGHT, TYRA BANKS IS ALREADY DESIGNING HER BRIDAL GOWN.

Word around the rumor mill is that Tyra Banks, who has been dating businessman John Utendahl for only six months, is already designing her bridal wedding gown. According to a 'source close' to Banks, 'She's at a point in her life where she wants a serious commitment.' There's just one catch though: Utendahl, the 50-year-old chairman of the largest African American-owned investment bank, hasn't proposed. In a recent Essence magazine interview, Banks admitted that living the single life leaves her feeling empty and that she's now ready to share her life with someone. "I'd go to work and women would be crying in my arms. But then I'd go home and put my key in my door and nothing. No friends, not husband, no children. I feel so full when I'm at work but so empty when I come home." But since meeting, 34-year-old Banks has fallen under his spell. 'John is acting like her manager and is totally immersed in her life,' adds the 'source.'

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In related news, Banks is executive-producing yet another fashion-related competition series for the CW. The network has ordered eight episodes of an untitled fashion-magazine reality series from Tyra and her business partner Ken Mok to go along with their other CW project, America's Next Top Model. "It is a competition show about aspiring assistants looking to become assistant editors at a fashion magazine," Mok told the Hollywood Reporter. "At the same time they're trying to prove themselves as aspiring fashionistas, that they have a sense of style and savvyness, all the things to make it in the fashion world." Described as The Devil Wears Prada meets The Assistant, each episode will feature contestants competing in two challenges, an individual competition and a team competition, in which each squad will submit a page for The Book, a mock edition of the magazine. The losing team's page will end up in the trash, and one of its team members will be eliminated. The page from the other team will be included in The Book. The winner of the competition will land a job in the fashion industry.