And your new "House of Style" hosts are...

Karlie Kloss and Joan Smalls!

The announcement was made tonight at 2012 VMAs as Karlie and Joan both walked the MTV red carpet for the first time. The two models (and good friends IRL) will breathe fresh life into the iconic TV show, which is getting rebooted as an online series on style.mtv.com on October 9th.

The show has been off the air since 2000, but executive vice president of MTV News and Docs Dave Sirulnick said, "We're once again looking to spotlight the spirit, personality and sometimes humor of the most interesting people in fashion who personify the energy of style in 2012."

They'll certainly capture that spirit with Karlie and Joan, both in their young 20s and their modeling prime. Back in "House of Style"'s original 1989-2000 run, "House of Style" was hosted by the likes of Cindy Crawford, Rebecca Romijn, Shalom Harlow and Mollie Sims. If anyone can bring that kind of all-American star power today, it'd be Karlie.

Plus we had an inkling it would be Karlie. When we chatted by phone with MTV execs a few months ago, we mentioned our ideal pick for the new host: "We hope it's Karlie Kloss!" The phone line went silent.

Together Joan and Karlie should make a dynamic pair -- after all, they've already got plenty of joint work under their belts. We can't wait to see the duo deliver today's trends (neon! fur! peplums!) like Cindy and Shalom did in the past (bleached tips! dark lipstick!).

Will you "tune in" on October 9 to see the revamped "House of Style"? Read more at MTV.com and check out one of our fave vintage "House of Style" clips below!

See the fashion from this year's VMAs!

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  • Taylor Swift in J. Mendel

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  • Miley Cyrus

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  • Katy Perry in Elie Saab

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  • Rihanna

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  • Nicki Minaj

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  • Demi Lovato

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  • Pink

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  • Alicia Keys

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  • Ke$Ha

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  • Ezra Miller & Emma Watson

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  • Emma Watson

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  • Zoe Saldana

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  • Wiz Khalifa & Amber Rose

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  • Amber Rose

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  • McKayla Maroney in Erin By Erin Fetherston, Jordyn Wieber, Kyla Ross, Gabby Douglas & Alexandra Raisman

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  • Gabby Douglas

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  • Rita Ora

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  • One Direction

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  • Regina Spektor

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  • Tre Cool, Billie Joe Armstrong & Mike Dirnt of Green Day

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  • Jessica Szohr

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  • Maria Menounos

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  • RuPaul

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  • Holland Roden in Pamella Roland

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  • Riff Raff

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  • Ne-Yo

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  • Alex Frnka

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  • Andrew Dost, Nate Ruess & Jack Antonoff

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  • Kat Graham

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  • Kayleigh Goldsworty

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  • Deena Cortese

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  • Ronnie Ortiz-Magro & Samantha Rae "Sammi" Giancola

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  • Missy Franklin

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  • Tyga

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  • Tyler Posey

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  • Bonnie Mckee

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  • Amy Paffrath

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  • Elizabeth Reaser

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  • Colton Haynes

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  • Christine Scott Bennett

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  • Calvin Harris

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  • Jesse Williams

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  • Tyler Hoechlin

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  • Sway Calloway & Tauheed Epps

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  • 2 Chainz

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  • Rihanna And Drake Lead Nominations For 2012 MTV VMAs

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