Valued at $2million each, the bras feature 16,000 gems – made up of sapphire, ruby and diamonds – accompanied by 18-karat gold-strung jewelled body piece.
Adriana Lima and Alessandra Ambrosio modelling this year's Fantasy Bras
The two supermodels made their big entrance as Ed Sheeran serenaded the audience with an acoustic version of Thinking Out Loud.
As two of the brand's most long-standing models, it is not the first time that Alessandra and Adriana have sported the famous Fantasy Bra – Adriana rocked it in 2008 and 2010, while Alessandra was chosen to model it in 2012.
However, the pair revealed that it was particularly exciting to walk the catwalk together.
"Words can’t describe how excited I was when I received a call from Victoria’s Secret to let me know that I would be wearing it," Alessandra told PEOPLE.
Alessandra Ambrosio with her copy of HELLO! Fashion Monthly
"This year was even more special because for the first time two of us would be wearing it and the other Angel was my close friend Alessandra," added Adriana. "I was super excited. It’s so great to be able to share the honour with such a good friend!"
Ahead of the show, our cover star Alessandra was spotted reading a copy of the new issue of HELLO! Fashion Monthly, out now, as she got ready backstage. The 33-year-old also took a quick break from the backstage madness to take a quick selfie.