Model-actress Molly Sims has been tapped as the host of Lifetime’s new competition series, Project Accessory. The Project Runway spinoff will feature 12 enterprising accessory designers who, with the help of lifestyle expert Eva Lorenzotti as their mentor, will compete for Sims and judges: designer Kenneth Cole and InStyle editor Ariel Foxman. The eight-episode Project Accessory, from the Weinstein Co., will premiere later this year on Lifetime, following Project Runway All Stars.