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Thanks for signing up!Access your favorite topics in a personalized feed while you're on the go. download the appAdvertisementThe annual Victoria's Secret Fashion Show is an extravagant parade of beautiful models, lingerie, and musicians. But perhaps the most mesmerizing element of the televised event is the announcement of the Victoria's Secret Fantasy Bra each year.One Angel is chosen to wear the designated garment on the runway, and it is one of the highest honors in fashion. The bra is also a highlight of the runway show — and each one goes for millions of dollars.However, it's unclear if there will be a Fantasy Bra — or even the Victoria's Secret Fashion Show as we know it — this year.
On Friday, L Brands CEO Les Wexner told employees in a memo obtained by Business Insider that the brand is rethinking its televised event. CNBC was the first to report on the news.Although it's currently unclear what the future of the show will look like, see how the iconic lingerie has evolved over the years, as well as the Angels who have worn it on the runway.AdvertisementClaudia Schiffer debuted the Million Dollar Miracle Bra — the first ever Fantasy Bra — in 1996At $1 million, it happens to be the least expensive Fantasy Bra from the last 22 years.In 1997, Tyra Banks walked the runway wearing the Diamond Dream BraThe dark fur on simple satin is classic New York. Peter Morgan/ReutersSimple and sophisticated, the $3 million Fantasy Bra was made in collaboration with Harry Winston.In 1998, Daniela Pestova modeled the Dream Angel Fantasy BraPestova wore a $5 million Fantasy Bra that was lined with a vibrant arrangement of floral rubies and secured by diamond straps. You can see the stunning lingerie on Teen Vogue.Read more: 19 iconic moments from the Victoria's Secret Fashion Show, which may be ending as we know itAdvertisementHeidi Klum wore the Millennium Bra in 1999Klum dazzled in a $10 million sapphire blue bra that was set with 2,000 starry diamonds.
See the enchanting look on Teen Vogue.In 2000, Gisele Bündchen rocked the Red Hot Fantasy BraIconic. Getty ImagesAt $15 million, Bündchen's bra and coordinating panties was the most expensive lingerie set ever, earning a spot in the Guinness Book of World Records, according to Teen Vogue.In 2001, Heidi Klum wore her second Fantasy Bra, the Heavenly Star BraAt the time, the center diamond was worth $10.5 million. Scott Gries/Getty ImagesKlum debuted the $12.5 million Heavenly Star Bra, which was saturated in sweet pink sapphires for the Victoria's Secret's first televised event. It is the most expensive bra in the Guinness Book of World Records.Karolina Kurkova modeled the Star of Victoria Fantasy Bra in 2002The soft, romantic look also entailed white, lacy panties.
Matthew Peyton/Getty ImagesThe $10 million Fantasy Bra has a floral vibe, with a swirling pattern of diamond, emerald, and ruby roses. AdvertisementIn 2003, Heidi Klum wore her third Fantasy Bra, the Very Sexy Fantasy BraKlum dazzled in what would be her final Fantasy Bra with Victoria's Secret. Frank Micelotta/Getty ImagesKlum's third Fantasy Bra cost $11 million and took 370 hours to make, reports People. In 2004, Tyra Banks wore the Heavenly 70 Fantasy Bra for her second time walking in the Fantasy BraInstead of walking down the runway in her $10 million Fantasy Bra, Banks and the Angels traveled across the country for the Victoria's Secret "Angels Across America" tour.
Though the garment never saw the runway, everyone saw the beautiful bra with its 70-carat diamond centerpiece. Take a look at the masterpiece on Teen Vogue. In 2005, Gisele Bündchen got to wear the Fantasy Bra again — this time, she modeled the Sexy Splendor Fantasy BraVictoria's Secret attached another diamond pendant. Brian Bedder/Getty ImagesRelated storiesBündchen slayed on the runway in a $12.5 million Fantasy Bra that glitters with 2,900 pave diamonds, 22 rubies, and a 101-carat diamond pendant, as reported by Teen Vogue.In 2006, Karolina Kurkova strutted down the catwalk in another iconic bra: the Hearts on Fire Fantasy BraKarolina Kurkova looks like an ice princess.
Mark Mainz/Getty ImagesShe wore $6.5 million worth of diamonds for the Victoria's Secret Fashion Show that year, held in Los Angeles, California.AdvertisementSelita Ebanks wore the Holiday Fantasy Bra in 2007Ebanks literally brought the holiday spirit. Evan Agostini/ReutersEbanks wore $4.5 million under her Christmas tree cape. This festive Fantasy Bra was made with diamonds, emeralds, and rubies.Adriana Lima wore the Black Diamond Fantasy Miracle Bra in 2008We're getting Black Swan vibes. Alexander Tamargo/Getty ImagesJeweler Martin Katz brought the first midnight black Fantasy Bra to the Victoria's Secret Fashion Show with a slew of diamonds, black diamonds, and rubies.
It was worth $5 million.In 2009, Marisa Miller modeled the Harlequin Fantasy BraCheck out that fur shrug. Jason Kempin/Getty ImagesThere's a lot going on with this $3 million look. Victoria's Secret returned with another dark bra and full-length gloves — only this time they added a 16-carat heart-shaped diamond. In 2010, Adriana Lima wore her second Fantasy Bra: the Bombshell Fantasy BraLima returned in a softer look for her second Fantasy Bra.
Theo Wargo/Getty ImagesThe whimsical feathery wings of pastel blues, pinks and golden tones complemented the $2 million of sapphires, white diamonds, and topazes set in white gold. People reports that this was a labor-intensive garment, taking 1,500 hours to complete.AdvertisementMiranda Kerr had the honor of wearing the Fantasy Treasure Bra in 2011She's got everything. Jamie McCarthy/Getty ImagesKerr looked like a mermaid washed in $2.5 million worth of pearls, diamonds, citrines, and aquamarine blue.In 2012, Alessandra Ambrosio stole the show in the Floral Fantasy BraWhen nature meets fantasy. Jamie McCarthy/Getty ImagesAmbrosio's first Fantasy Bra blossomed in amethysts, sapphires, rubies, and diamonds — plus, the $2.5 million bra had a 20-carat diamond removable centerpiece.
Casual.In 2013, Candice Swanepoel wore the Royal Fantasy BraSwanepoel went from an Angel to a princess. Dimitrios Kambouris/Getty ImagesSwanepoel truly received the royal treatment when she walked in the $10 million Fantasy Bra of 2013. In an interview with People, the blonde bombshell revealed how thrilled she was that Victoria's Secret had to create a mold of her body in order to make the bra.In 2014, Adriana Lima and Alessandra Ambrosio wore the Dream Angels Fantasy BrasRunway history. Tim P.
Whitby/Getty ImagesLima and Ambrosio made Victoria's Secret history when they strutted down the runway to model two Fantasy Bras. Each one cost $2 million.AdvertisementLily Aldridge modeled the Fireworks Fantasy Bra in 2015Aldridge looks magical in her vibrant wings. Jamie McCarthy/Getty ImagesLily Aldridge's first Fantasy Bra was bursting with color, and was valued at $2 million.Jasmine Tookes wore the stunning Bright Night Fantasy Bra in 2016Her detailed jewels are enchanting and elaborate. Dimitrios Kambouris/Getty ImagesTookes donned the precious emerald and diamond Fantasy Bra — worth $3 million — in the first Victoria's Secret Fashion Show to take place in Paris, France.In 2017, Lais Ribeiro had one of the best looks of the night in the Champagne Nights Fantasy BraThe 2017 Fantasy Bra wings are majestic.
Frazer Harrison/Getty ImagesThe 2017 Fantasy Bra was worth $2 million. Ribeiro glistened in the intricate pattern of sapphires, blue topaz, and diamonds while walking the runway in Shanghai, China.Elsa Hosk wore a sparkling Fantasy Bra in 2018Elsa Hosk walks the runway at the 2018 Victoria's Secret Fashion Show. Dimitrios Kambouris/Getty ImagesWorth $1 million, the 2018 "Dream Angels" bra was made from 2,100 Atelier Swarovski-created diamonds. A retail version of the runway bra is sold on the Victoria's Secret website for $250.AdvertisementYou can find all of INSIDER's Victoria's Secret Fashion Show coverage here.ncG1vNJzZmivp6x7o8HSoqWeq6Oeu7S1w56pZ5ufony3tcKtpquhkah6tLHCq5ytZZaWwKm1zqdkrKCfrHqnrc2tmKyxXZe%2FonnEr6alraSevK95kWlocGVhZg%3D%3D