Rachel Zoe unveiled her new QVC collection at the Gramercy Park Hotel last night for guests including recent CFDA Award nominee (and PAPER beautiful person) Prabal Gurung and PAPERMAG was lucky enough to have the A-list stylist lead us through the collection of faux chinchilla, faux Mongolian lamb, bright-printed caftans and chunky bracelets. "I die for this coat. Doesn't this feel like the yummiest blanket?" Zoe asked, stroking a black floor length fur coat with patent strips, which also comes in cream and black. Anyone waiting for Zoe to create start designing coats with a more adventurous color scheme, however, is out of luck. "With furs you really shouldn't get too colorful, not with real fur, not with faux," Zoe said, before pausing to add, "Although, I am a closet tranny." Zoe's new collection -- which is all under $200 --  will be introduced on QVC starting in August through fall. And, rejoice, the Rachel Zoe Project fans, Zoe assured us the show will be returning to Bravo for its third season this summer. "They haven't announced a date, but it's summer for sure. That's all I can tell you."