Ben Stiller and Owen Wilson Launch Zoolander 2 at Paris Fashion Week

Derek Zoolander (Ben Stiller) and Hansel (Owen Wilson) walked the runway at the Valentino Women’s Collection Fall/Winter 2015-16 Fashion Show during Paris Fashion Week today to officially announce the start of production on Zoolander 2, which Paramount Pctures will release in theaters on February 12, 2016. Kids who can’t read good should check out the pics in the gallery below!

For those who might be curious, Derek wears a custom Night Butterflies brocade suit with hand-embroidered overcoat and black Creeper shoes. Hansel wears a Silk Continent print Pajama suit with Double Cashmere overcoat and Open sneakers. 

Zoolander 2 will shoot in Rome for 12 weeks in and around the famed Cinecittà Studios, with Ben Stiller set to reprise his role as the dimwitted male supermodel. Stiller co-wrote the script with Justin Theroux (Tropic Thunder), who will also direct the film. Theroux played an Evil DJ in the first movie. 

Additionally, Will Ferrell is all-but-confirmed to return as Mugatu, with Stiller’s wife Christine Taylor also coming back as Matilda and Oscar-winner Penélope Cruz along for the ride as well. Jonah Hill and supermodel Cara Delevingne have also been rumored for roles in the past.

The original film grossed only $60 million worldwide in 2001, but the film became a fast hit on DVD and plans for a sequel have been discussed for years. Stiller will produce Zoolander 2 alongside Stuart Cornfeld for Paramount Pictures.