Jennifer Lawrence is set to sign a multimillion dollar deal with Dior.

The 'American Hustle' actress has reportedly been approached to enter into a three-year contract with the luxury fashion house, rumoured to be worth between $15 and $20 million.

According to the New York Post's Page Six, the talks are being made via her agents at CAA.

A source told the website: ''There's no signed deal, but Jennifer's had a great relationship with Dior to date, and is open to the idea of continuing a partnership. But there's no deal in place.''

This news comes as little surprise since Jennifer has been a spokesmodel for Dior since 2012.

The Best Supporting Actress Oscar nominee - who picked up the coveted Best Actress prize for 'Silver Linings Playbook' in a stunning Dior gown last year - has been the hot favourite at awards ceremonies since she rose to mainstream prominence in 'The Hunger Games', and sources say that Dior now want to exclusively dress the in-demand star for the red carpet.

Jennifer regularly wows in couture by Dior on the red carpet, with her white Golden Globes dress sparking a host of online memes earlier this month.