More Sisterhood, Same Pants: Get Ready For 'Sisterhood Of The Traveling Pants 3'

Alloy Entertainment is developing a third movie for the series.

If you're a fan of mystical denim, hold onto your pants, because we've got some big apparel news for you: "The Sisterhood of the Traveling Pants" franchise is reportedly traveling back to theaters for a third film, according to The Wrap.

The movie, which is to be titled "Sisterhood Everlasting," like the Ann Brashares novel the script will be based upon, follows 2005's "The Sisterhood of the Traveling Pants" and 2008's "The Sisterhood of the Traveling Pants 2." All three movies are adapted from Brashares' series of young adult novels about a group of young female friends who share a pair of pants as well as memories.

Blake Lively, America Ferrera, Amber Tamblyn and Alexis Bledel (Rory!) are not officially attached to the project, which is in active development at Alloy Entertainment, but are reportedly all interested in returning to the franchise.

"Sisterhood Everlasting" is set a decade after the earlier films (one of which involved a seance around a pair of pants), taking the girls straight out of young adulthood and into real-time adulthood. And also to Greece! Yeah, that's right: Pack up your magic pants, you're going to Greece with Rory Gilmore.

Alloy president Leslie Morgenstein expressed her interest in reuniting the original cast in a statement.

"The Sisterhood series is one of Alloy's most cherished properties and we are looking forward to continuing its legacy with 'Sisterhood Everlasting' nearly a decade after the first film was released," she said. "The original film brought together an incredible group of talent who we hope to unite for fans once again."