Nicole Richie will be a mentor on “Fashion Star,” a new reality competition show coming soon to NBC. Nicole will guide aspiring designers who hope to become the next big brand in fashion. The designers will compete for a chance to launch their line in Saks Fifth Avenue, Macy’s, and H&M. Jessica Simpson and John Varvatos will also be mentors, and Elle Macpherson will host the show. With a multi-million-dollar contract on the line, the competition is going to get fierce!