Alyssa Milano to host 'Project Runway All Stars'

Alyssa Milano is ready to take a walk from acting to a new line of work.

According to The Hollywood Reporter, Lifetime has signed the former "Charmed" and "Who's The Boss?" actress to host the upcoming season of "Project Runway All Stars." Each of the three seasons of the elite design competition has had its own host, and Milano will take over from Angela Lindval and Carolyn Murphy, who hosted seasons one and two, respectively.

One area that won't see a significant change is in judging, as both Isaac Mizrahi and Georgina Chapman are set to return for the coming season.

The fashion world is not unfamiliar to Milano, who has her own clothing and jewelry line (Touch by Alyssa Milano) which focuses on sports-themed items for women. The theme of her fashion line is driven by her personal love of baseball, which she went into in her book "Safe at Home: Confessions of a Baseball Fanatic."

The new hosting gig will see the actress pulling double duty, as Milano also stars in the new ABC drama "Mistresses," alongside Yunjin Kim ("Lost"), Rochelle Ayte ("The Forgotten"), and Jes Macallan ("Justified"). The series, premiering tonight, revolves around the four friends' scandalous lifestyles, and is based on the UK drama of the same name.

Production on the third season of "Project Runway All Stars" is set begin this month for a fall premiere.