Chace Crawford has reportedly been lined up to be the new face of Versace. The 'Gossip Girl' star - who plays Nate Archibald in the hit US TV show - is said to be close to signing a deal to replace 'Grey's Anatomy' actor Patrick Dempsey as the face of the prestigious Italian fashion label.

Versace released a statement pointing out the 23-year-old actor has worn clothes from the company to three big events recently - Fashion Rocks, the MTV Video Music Awards and his 'Gossip Girl' co-star Blake Lively's 21st birthday party.

When the label were approached about the rumours of signing Chace, a spokesperson said: "We have been working hard to develop our relationship with Chace - and that is all we can say on the subject. "Patrick Dempsey is contracted with us through to Spring/Summer 2009. It is undetermined who will replace him at this time."

Chace has shot to fame starring in 'Gossip Girl' as Nate - a troubled rich student who is renowned for wearing a variety of sharp and trendy outfits. (c) BANG