09/16/2011 12:53 pm ET Updated Dec 06, 2017

Naomi Campbell: Wardrobe Malfunction, Possibly Engaged? (PHOTO)

Today in the world of Naomi Campbell, there is both good news and bad news.

The bad news first: the supermodel suffered a classic wardrobe malfunction last night, revealing more of her chest than she might have liked. After leaving the Toni&Guy show at London Fashion Week last night, Campbell had a slight nip slip while ducking into her car (and unfortunately for her, the Daily Mail's got the pics).

The good news: she may be engaged! Paired with her revealing black tuxedo-vest top, Campbell wore a giant diamond ring on her left hand, prompting Vogue UK to wonder aloud if the stunner is engaged to her boyfriend, Russian billionaire Vladislav Doronin.

The two have been dating since 2008 and live in Moscow together. There have been plenty of false "engaged!" alarms in the past, including this past April when the pair lit $82,000 worth of fireworks while vacationing in Greece.

But it's still speculation, as Campbell did not confirm any rumors while chatting after last night's fashion show.

Although it does get us thinking... we can only imagine a Campbell-billionaire wedding would rival Moss-stock in glitz and glam.

And of course, the million dollar question is: who will design the dress??