Olivia Palermo is set to launch a clothing line with Banana Republic.

The 30-year-old fashion muse - who was announced as the brands global ambassador in September last year - has confirmed she will be designing a collection for the fashion house, which will be unveiled in September this year in time for New York Fashion Week.

The 'The City' alumni announced the news in a statement, she said: ''I am so honoured to evolve my partnership with Banana Republic with such a personal approach to both our pop-ups and capsule collection.

''We're a great team and it's truly been such a collaborative approach that reflects the synergy between my style and the brand.''

And the brand will celebrate their Spring/Summer 2017 capsule with the golden-haired beauty on February 9 with the launch of three pop-up shops in new York, Los Angeles and San Francisco, according to her website oliviapalermo.com.

Meanwhile, the style icon has admitted she draws style inspiration from her ''travels'' and the places she visits, as well as films, and from what the stars wear on the red carpet.

Speaking previously about her wardrobe choices the model-and-designer said: ''I get inspirations through my travels, through movies, a fashion book, street style. That's really where I get my inspiration from and not so much on red carpets. But of course if there are outfits on the red carpet that are highlighting designers that I love it's nice to see.''

Although Olivia has admitted ensembles worn at star studded events aren't realistic to wear all the time, she has admitted she enjoys putting an effort into her outfit for her husband Johannes Huebl.

However, when the couple enjoy a date night at the movies, an art gallery or a trip to the theatre she usually keeps her outfit simple.

She explained: ''My go to outfit is something that's easy ... Probably leather pants and a chiffon top and an overcoat and either a strong pair of flats or a heel or a bootie.''