The hottest lingerie on the hottest women in the world!

Lingerie giant Victoria's Secret held their annual fashion show in New York yesterday. The Black Eyed Peas performed live, supermodels like Heidi Klum, Miranda Kerr and Alessandra Ambrosio sizzled on the ramp and a $300 million bra was put on display, so catch all the action right here!

Seen here is Aussie beauty and Orlando Bloom's girlfriend Miranda Kerr in a voluptuous checkered two-piece.

Next up is a lacy blue peacock-inspired affair with matching trademark Victoria's Secret wings.

A model shows off a sequinned bra and boy shorts, with a balloon bubble stole for effect. On this runway, it's all about drama and impact!

The sexy Marisa Miller stuns in a scarlet silk lingerie set with exaggerated puffed sleeves.

Here we have Ana Beatriz Barros the stockings and suspenders route, complete with faux fur wrap and vanity case.

Erin Heatherton looks cute as a button in an animal print bra, complete with balloon wings and woolen accessories.

Ana Beatriz shows up again, this time in a feathered stole and matching lingerie; and don't miss the jaw-dropping diamond jewellery!

While the models dominated the runway, Black Eyed Peas singer Fergie more than managed to keep up in the oomph department, with a gorgeous green bodysuit and a power-packed live performance.

Model Doutzen Kroes was another highlight of the evening -- here she is seen showing off baby pink and her awesome curves.

A barely-there bikini is worn under a multi-hued bolero.

Alessandra Ambrosio cops an attitude in fuschia and coral.

Strings of pearls play peek-a-boo against a powder blue background.

We didn't think she could do it, but she did! Supermodel Heidi Klum emerged from the wings to thunderous applause -- can you believe she delivered her fourth child only five weeks ago? Neither can we! And that post-baby bod deserves a standing ovation!

And another feather in the Victoria's Secret cap -- a diamond-encrusted bra, worn by Marisa Miller, that costs a whopping $3 million!

Finally, all the lovely ladies step out at the end of a fun-filled and sizzling show.