Heidi Klum dazzles in diamond underwear at Victoria's Secret Florida fashion show featuring a $5m bra

By Caroline Graham
Last updated at 8:23 AM on 17th November 2008

America and the rest of the world may be facing a recession but it appears that nobody told US underwear label Victoria's Secret.

At its show in Miami, 35 supermodels took part in a fabulously opulent extravaganza, with most of them dripping in feathers, lace, sequins and eye-wateringly expensive jewellery.

Heidi Klum wore red underwear joined by a web of diamonds plus sparkling red wings, made to resemble a bow on a present, while Adriana Lima coolly strutted down the catwalk in the Black Diamond Fantasy Miracle Bra - worth $5million.

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Heidi Klum, wearing diamonds and a red bow, blows a kiss to the audience at the Victoria's Secret Show

The bra, designed by Martin Katz, is decorated with white and black diamonds and rubies and will be for sale in the Victoria's Secret catalogue.

Mr Katz said: 'You could wear it as an open top because it looks like a finished top.'

Singer Usher kicked off Saturday's show at the newly renovated Fontainebleau Miami Beach which reopened on the same day.

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Heidi Klum, right, and other elaborately dressed models work the opulent runway

'The theme of the show is a return to glamour,' said company CEO Sharen Turney. 'Victoria's Secret is about sexy, and the new sexy is glamorous for this season.'

Two silver palm trees adorned the stage on which models wore a total of 68 outfits based on themes including glamorous goddesses and bold colours with geometric designs influenced from the 1920s.

Some models wore gilded bras with Swarovski crystals attached. There was also a gold sculpted feather body piece that curved around the model's body. Metal sculpted laurel leaves were also worn around some of the models' necks.

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Adriana Lima, left, wears the $5m Fantasy Miracle Bra while Selita Ebanks, right, flexes her wings

Wing designer Martin Izquierdo made seven pairs of wings for the show. He said he turned to Greek mythology and butterflies for inspiration.

Celebrities spotted on the pink carpet included Paris Hilton, P Diddy, actor John Stamos, Kim Kardashian and Martha Stewart.

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Karolina Kurkova, left, and another model show off two more of the show's 68 fabulous creations