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It's a sparkler! Last night at the QVC Runway New York Fashion Show in NYC, Camila Alves debuted her engagement ring from fiancé Matthew McConaughey.

"It’s great!" she said to reporters. "It's a rose cut." She also said that she's just "happy being engaged" and that the two don't have any wedding plans yet. A source had previously told OK! that the wedding will take place in the summer time.

OK! NEWS: WHY MATTHEW MCCONAUGHEY FINALLY POPPED THE QUESTION TO CAMILA ALVES

The beaming star was also happy about debuting her QVC handbag line along side stars such as Mary-Kate and Ashley Olsen. "It’s amazing. We’ve been with QVC for a few years, it’s an amazing partnership," Camila said.

OK! NEWS: MATTHEW MCCONAUGHEY IS FINALLY ENGAGED TO CAMILA ALVES! DETAILS ABOUT THE WEDDING!

"QVC is such a special thing because we have the instant gratification. It's a very special relationship."

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