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September 8, 2011 4:30 PM

Nicole Richie Slams Jessica Simpson Feud Rumors

The so-called feud between Nicole Richie and Jessica Simpson on the set of their new reality show is anything but real ... this according to Richie herself.

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While a source tells Us Magazine that there is "definite friction" between the two on the set of "Fashion Star" and Nicole "makes snarky comments about Jessica's outfits," Richie insists there's no ill-will between them.

"That couldn't be further from the truth," Nicole told Ryan Seacrest earlier today, "I actually love and adore Jessica. I've known her for years ... she is someone who's very kind, very sweet and extremely smart."

Richie also says that Simpson is "a great business woman and someone that I really respect ... I actually couldn't love someone or respect someone more."

You buying her praise? Sound off below.

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