The Fantasy Bra began as a million-dollar lingerie curiosity in 1996, then drew legendary jewelers and supermodels into Victoria’s Secret’s glittering world.

Fantasy Bra and the Birth of a Jewel Empire
The Fantasy Bra began as a million-dollar lingerie curiosity in 1996, then drew legendary jewelers and supermodels into Victoria’s Secret’s glittering world.
October 19, 2026
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When Victoria’s Secret introduced its first Fantasy Bra in 1996, the American lingerie retailer was experimenting with an extraordinary proposition: a bra covered in precious gemstones, presented with a seven-figure price tag and worn by one of the world's most recognizable supermodels. What began as a publicity centerpiece for a catalogue would eventually become an annual commission involving some of the most distinguished names in fine jewelry.
1996–2000: The Million-Dollar Fantasy Takes Shape
The Fantasy Bra emerged one year after Victoria’s Secret staged its inaugural fashion show in 1995. Its earliest incarnation belonged to the world of catalogue marketing, where spectacular merchandise could attract widespread attention to an entire lingerie collection.
In 1996, Claudia Schiffer introduced the Million Dollar Miracle Bra, a white satin creation embellished with more than 100 carats of diamonds and other precious gemstones. Valued at $1 million, the piece reportedly involved four New York jewelers. Its delicate embellishments followed the recognizable shape of a conventional bra, establishing a visual formula in which precious materials acquired their significance through the intimate garment itself.

The following year, Tyra Banks wore the $3 million Diamond Dream Bra, designed by renowned American jeweler Harry Winston. The piece featured diamonds along its sweetheart neckline, with a 42-carat pear-shaped diamond suspended at the center. Its strapless construction placed particular emphasis on the diamond arrangement, demonstrating how a major fine-jewelry house could translate the composition of a necklace into lingerie.
In 1998, Czech supermodel Daniela Peštová presented the $5 million Dream Angel Fantasy Bra, created by jewelry designer Janis Savitt for M&J Savitt. The design featured approximately 77 carats of marquise-cut rubies and 330 carats of diamonds in pear and marquise cuts, mounted in platinum. The red gemstones formed floral-like accents across the white lingerie, while the platinum settings allowed the precious stones to follow the curves of the garment.
By 1999, Victoria’s Secret had developed the Fantasy Bra into an increasingly theatrical creation. Heidi Klum's $10 million Millennium Bra drew inspiration from a celestial sky, combining approximately 2,000 diamonds set in platinum with blue sapphires arranged around star motifs. The design incorporated a matching decorative brief, creating a coordinated presentation.
The first chapter reached a historic milestone in 2000 with Gisele Bündchen's Red Hot Fantasy Bra, valued at $15 million. The scarlet satin bra and matching briefs featured approximately 1,300 gemstones, including 300 carats of Thai rubies. The richly colored stones produced an exceptionally vivid composition that became one of the defining images of Bündchen's early career.
Recognized by Guinness World Records as the most expensive lingerie ensemble of its time, the Red Hot Fantasy Bra established a valuation record that endured throughout the original run of the tradition.
2001–2005: Mouawad Takes the Fantasy Bra Onto the Runway
The year 2001 marked an important development for the Fantasy Bra as Mouawad, the internationally renowned jewelry house with Lebanese origins, entered a partnership with Victoria’s Secret. Established in 1890, Mouawad brought generations of gemstone expertise and a reputation for exceptional diamond creations to the annual lingerie commission.
The partnership coincided with the Fantasy Bra's official debut as a dedicated runway presentation. Heidi Klum wore the $12.5 million Heavenly Star Bra, decorated with approximately 1,200 Sri Lankan pink sapphires and a magnificent 90-carat diamond centerpiece. The precious stones formed an intricate arrangement across the cups, while the central diamond occupied the position of a monumental pendant.
Large gemstones required secure settings, carefully distributed weight, and structural support that allowed the finished garment to move with the model. The televised runway introduced another dimension to the craftsmanship, as the stones had to catch the light while the wearer walked.
In 2002, Karolína Kurková was selected to wear Mouawad's $10 million Star of Victoria Fantasy Bra at just 18 years old. Inspired by an English rose garden, the creation incorporated approximately 1,150 rubies and 1,600 emeralds, with a 60-carat diamond forming its centerpiece. The red and green gemstones were arranged into elaborate floral motifs, demonstrating the jeweler's ability to reproduce decorative imagery through stone selection and placement.
Heidi Klum returned in 2003 with the Very Sexy Fantasy Bra, an $11 million Mouawad creation covered in approximately 2,800 gemstones. Its most extraordinary feature was a 70-carat diamond positioned prominently at the center. The piece reportedly required around 370 hours of craftsmanship, reflecting the painstaking work involved in arranging gemstones across a fitted structure.
In 2004, Tyra Banks wore the Heavenly '70' Fantasy Bra, also designed by Mouawad. Valued at $10 million, it featured approximately 2,900 diamonds mounted in 18-karat white gold, with an exceptional 70-carat diamond centerpiece. That year's traditional fashion show was replaced by the Angels Across America promotional tour, placing the Fantasy Bra within the brand's wider marketing activities.
Mouawad's collaboration continued in 2005 with Gisele Bündchen's $12.5 million Sexy Splendor Fantasy Bra. The creation featured approximately 2,900 pavé-set diamonds, 22 rubies, and a 101-carat diamond, mounted in 18-karat white gold. The unusually large central stone served as the principal visual anchor, while the surrounding diamond arrangement created a continuous surface of brilliance.
Across these five years, Mouawad helped establish the Fantasy Bra as a prestigious high-jewelry commission. Exceptional diamonds, complex gemstone settings, and ornamental goldwork became central to its identity, while the annual runway presentation brought international visibility to the artisans responsible.
2006–2010: New Jewelers, New Gemstones, New Artistry
By 2006, Victoria’s Secret began introducing additional jewelry specialists into the Fantasy Bra tradition. The expanding roster of designers brought distinctive techniques and aesthetic identities to the creations, from precisely cut diamonds to elaborate geometric compositions.
Karolína Kurková wore the $6.5 million Hearts on Fire Diamond Fantasy Bra in 2006, created by the diamond jewelry brand Hearts On Fire. The garment incorporated more than 2,000 diamonds, with a prominent 10-carat diamond brooch positioned at the center. The composition emphasized the brilliance of carefully cut white diamonds, drawing attention to the optical characteristics of the stones and the precision of their arrangement.
Mouawad returned in 2007 to create the $4.5 million Holiday Fantasy Bra for Selita Ebanks. The festive ensemble featured diamonds, rubies, emeralds, and yellow sapphires, extending into matching briefs, a garter belt, and coordinating jewelry accessories. More than 880 hours of craftsmanship were reportedly devoted to the elaborate creation, with the colored stones arranged to produce a richly ornamental composition.
The following year, American jewelry designer Martin Katz created the $5 million Black Diamond Fantasy Miracle Bra for Adriana Lima. Featuring approximately 3,575 black diamonds, 117 additional white diamonds, and 34 rubies, the design introduced a dramatically dark treatment of gemstone-covered lingerie.
Black diamonds formed the dominant surface, while white diamonds provided concentrated points of brilliance. The rubies introduced flashes of red within the composition, demonstrating how the arrangement of contrasting gemstones could establish a distinctive visual identity.
In 2009, Italian high-jewelry house Damiani designed the $3 million Harlequin Fantasy Bra, worn by American model Marisa Miller. Approximately 2,300 diamonds were arranged into a lattice-like pattern, incorporating white, champagne, and cognac tones. A 16-carat heart-shaped diamond formed the centerpiece, bringing a romantic element to the design's geometric construction.
The harlequin motif required precise gemstone placement to preserve the regularity of its diamond-shaped pattern. Damiani's craftsmanship translated the visual language of traditional jewelry settings into a flexible lingerie form, with each individual stone contributing to the overall structure.
Damiani continued its involvement in 2010 with Adriana Lima's $2 million Bombshell Fantasy Bra. The piece featured more than 3,000 white diamonds, pale blue sapphires, and topazes set in 18-karat white gold. Six artisans reportedly spent over 1,500 hours completing the creation, making its extensive craftsmanship one of the most widely documented aspects of the commission.
The delicate blue gemstones introduced a luminous aquatic palette, while the densely arranged diamonds created an intricate decorative surface. Each setting required careful consideration of the garment's proportions, including the placement of stones along curved areas and the structural demands of a bra designed to be worn on the runway.
By the conclusion of the 2010 Victoria’s Secret Fashion Show, the Fantasy Bra had accumulated fifteen years of extraordinary jewelry commissions. Across those creations, an entire generation of supermodels had become associated with an annual spectacle in which lingerie, precious stones, and technical artistry occupied the same stage.
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