STAGE TUBE: Sneak Peek - Lifetime's PROJECT RUNWAY ALL-STARS Premiering 1/5

The wait is finally over! The MVPs from past seasons of the Emmy(R) Award nominated series PROJECT RUNWAY will be judged once again on Project Runway All Stars, premiering Thursday, January 5, 2012 at 9:00pm ET/PT on Lifetime.

A new day has arrived for 13 of the show's most talented and memorable designers who've come back to the catwalk to face a brand new panel of discerning eyes with host supermodel Angela Lindvall, world-famous designers Isaac Mizrahi and Georgina Chapman as judges and fashion tastemaker and mentor, Marie Claire Editor-in-Chief Joanna Coles. The designers have already shown what they can do and have created names for themselves since appearing on their seasons but will they have what it takes to impress these fashion elites? They must also show off their fashion prowess to guest judges such as the iconic Miss Piggy, supermodel Miranda Kerr and musician and producer Pharrell Williams, among others throughout the season. The All Star designers set to take the Runway once again are:

· Kenley Collins (Brooklyn, NY) - Season Five, Second Runner-up

· Michael Costello (Palm Springs, CA) - Season Eight, Fourth Place

· Gordana Gehlhausen (San Diego, CA) - Season Six, Fourth Place

· Mondo Guerra (Denver, CO) - Season Eight, Runner-up

· Mila Hermanovski (Los Angeles, CA) - Season Seven, Second Runner-up

· Kara Janx (New York, NY) - Season Two, Fourth Place

· Elisa Jimenez (New York, NY) - Season Four, 10th Place

· April Johnston (Savannah, GA) - Season Eight, Fifth Place

· Rami Kashou (Los Angeles, CA) - Season Four, Runner-up

· Austin Scarlett (New York, NY) - Season One, Fourth Place

· Jerell Scott (New York, NY) - Season Five, Fourth Place

· Sweet P/Kathleen Vaughn (Pasadena, CA) - Season Four, Fifth Place

· Anthony Williams (Atlanta, GA) - Season Seven, Fifth Place

The winner of Project Runway All Stars will receive the most lucrative prizing ever in Project Runway history. Prizes include an exclusive designer's boutique in select Neiman Marcus stores and on NeimanMarcus.com, $100,000 dollars in technology and office space to help grow their business from HP and Intel, $100,000 cash from L'Oreal Paris, a feature spread in Marie Claire, for which he or she will serve as a guest editor for one year, and a sewing and embroidery studio provided by Brother International. Project Runway All Stars is produced by The Weinstein Company and Bunim-Murray Productions.

To get a sneak peek at the upcoming season of PROJECT RUNWAY ALL-STARS, click below!