But nerves are sure to be high in the cutting studio with industry fixtures - we're talking the likes of Naomi Campbell, Nicole Richie, Joseph Altuzarra and Carine Roitfeld - set to guest judge.
In the newly-released trailer, Klum and Gunn are excited to reunite, as the pair encourage contestants to embrace "the fire in their belly" in a bid to become the "next global fashion brand".
The 10-episode series will premiere on March 27 with two episodes set to air every week.
If that's not worthy of cancelling any conflicting social plans well in advance, winning looks will be available to purchase post-show on Amazon Prime Video in over 200 locations - making the series the first-ever shoppable series.
Speaking about the difference between Project Runway and their new venture, Klum told The Hollywood Reporter: "I'm really trying to straddle the artistry of fashion design and the commerce part of it. When you're online and you're watching your favourite show, which is hopefully going to be ours, you'll have the commerce aspect for the first time."
"When you see a design that you actually love, you can buy it. It's not only great for the consumer, but it's also amazing for our designers.," the model continued. "We never had that aspect where we could actually help the designers to really branch out into the real world like this on Project Runway."
The duo departed the famous fashion competition series after 16 successful seasons in September 2018.