Madonna is in talks to appear in a series of adverts for Versace.
If a deal is agreed, the Material Girl will be photographed by Mario Testino for the campaign to promote Versace's Spring 2005 range.
A source said: "Madonna might be known more for wearing a red string these days then she is for wearing cutting-edge fashion. But she's still a style icon."
Madonna's spokeswoman, Liz Rosenberg, said: "This is in the conversation stage. Donatella Versace is talking to Madonna about it, but Madonna hasn't made a decision yet."
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