Lingerie lovelies at the world's SEXIEST fashion show!

It's called the 'sexiest show on earth' for a reason -- don't miss the Victoria's Secret Angels in action on the runway!

Lingerie giant Victoria's Secret held their annual fashion show in New York last night.

And as always, it was much more than just a fashion show -- acrobats and world-famous rockstars performed as the biggest names in modelling paraded their amazing figures in the brand's innerwear.

Artistes Rihanna, Justin Bieber and Bruno Mars performed live as beauties like Alessandra Ambrosio, Adriana Lima and Doutzen Kroes sizzled on the runway. Elaborate ensembles fitting in with six separate themes -- 'Circus', 'Dangerous Liaisons', 'Calendar Girls', 'Pink Is Us', 'Silver Screen Angels' and 'Angels in Bloom' -- took everyone's breath away.

And like every year, the showstopper was a dazzling $2.5 million Fantasy Bra -- don't miss it!

First up we have Aussie stunner Miranda Kerr in a deep green bodysuit festooned with silver stars, complete with matching feathered cape.

Next we have blonde bombshell Lindsay Ellingson strike a pose in this luscious bridal corset and garter combo.

German model Toni Garrn is one sizzling senorita in flamboyant red and black innerwear.

Dutch damsel Doutzen Kroes gets cheeky in a pink pom pom-embellished outfit.

Brazilian supermodel Adriana Lima made a triumphant return to the runway last night, a mere eight weeks after giving birth to her second child. Yes, you read right! With her tiny waist and ample curves, she strutted confidently down the ramp in a circus ringmaster costume.

South African siren Candice Swanepoel looks the perfect 10 in a Swarovski crystal-embellished bra and thong, a feathery parasol and wings setting off the dazzling set.

Another member of the yummy mummy club, Alessandra Ambrosio looked beautiful in a jewelled corset and red bikini briefs; she gave birth to her second child in May.

Australian model Jessica Hart is seen in a playful motorbike number complete with tassels as Justin Beiber performs alongside.

Namibian catwalker Behati Prinsloo looks like she's in the Halloween mood, wearing a bewitching witch outfit and carrying a broom.

Chinese looker Sui He is all smiles as she flounced out in a haze of black lace and purple tulle.

Shanina Shaik of Australia shows off her exotic appeal and slender figure in a sunny yellow corset and garter belt.

Angel Erin Heatherton looked the part in her gold wings and pale pink lingerie.

A new addition to the usual line-up for the brand, Hilary Rhoda put her shapely legs on display in pale silver.

In heavily embellished hot pink and black, British beauty Lily Donaldson looked like racy royalty!

Taking a second turn on the runway we see Miranda once again in a pale grey and black lace bra and thong, wearing the signature Victoria's Secret wings.

Grammy Award-winning artist Bruno Mars is seen serenading Lily Aldridge in a patriotic stars and stripes costume.

And oh, yeah, she gave birth five months ago too -- sigh!

In a flurry of pink bows, blue feathers and ethereal lace, we have French femme fatale Constance Jablonski.

The statuesque Karlie Kloss is an endearing American Indian in an exquisite headdress and animal print innerwear set.

Dreamy Doutzen takes to the runway a second time, this time in lace with jewelled accessories and a matching burlesque-style headpiece.

Lindsay Ellingson makes another arresting appearance too, in a shimmery black teddysuit and gigantic wings.

Brazilian babe Izabel Goulart strikes a pose draped in gemstones, a jewelled serpent wound around her neck.

Angel Joan Smalls is stunning in a crystal-encrusted bra and matching thong.

Rihanna put on a truly stellar performance at the showing, and held her own against the supermodel brigade. Dressed in a daring black gown and wearing pearl accessories, she is seen here escorting Doutzen Kroes down the runway.

In fact, the R&B diva modelled lingerie herself after a quick costume change, catwalking and charming the cameras in this pink lace babydoll.

The lovely Isabeli Fontana put her curves on display in this black and white cut-away corset and gartered stockings.

Ravishing in red, Candice flashes a sexy smile as she takes centrestage once more.

Adriana's piercing gaze could melt the lens, as she proudly shows off her post-baby bod once again, wearing hot red lace with a floral motif.

Behati graduates from her earlier playful attire to a seductive black satin and lace affair.

It's finally time for a glimpse of the $2.5 million Floral Fantasy Bra, which Alessandra sets off brilliantly!

The push-up bra, embellished with precious stones set in gold and a matching belt, contains approximately 5,200 gems -- amethysts, sapphires and rubies, with a floral 20-carat diamond centrepiece.

Adriana, Doutzen and Candice lead the Angel parade as all the models take one final turn on the runway.

As wonderful as the 2012 showing was, Victoria's Secret will definitely be upping the ante next year -- as always!