Gisele Bundchen is negotiating a lingerie Line with H

Gisele Bundchen

New rumors surface by the hour that Gisele Bundchen is "negotiating a lingerie line" with H&M.

The supermodel is said to have been counting down the seconds until her contract with Victoria's Secret runs out so she can cash in on her new deal with the giant Swedish retailer.

"Gisele has been in talks with H&M for a long time, but for legal issues she has to wait for her Victoria's Secret contract to end to start the project," a source was quoted as saying.

Representative for Bundchen, in the meantime, remained tight-lipped on that encounter. But fear not, for we'll be sure to let you know soon.