LOS ANGELES – Victoria’s Secret has restored one of its most recognizable runway traditions, putting Kylie Jenner in the Fantasy Bra and bringing the debate over the brand’s image back alongside the diamonds.
Jenner made her debut in the company’s fashion show on Sunday, October 18, wearing a design reported to be worth $50 million. CNN described it as the most expensive Fantasy Bra to date. Its appearance marked the first time the jeweled piece had returned to the runway since 2018, Vogue reported.
The jewelry house Jacob & Co. created the new design. The New York Times described a 75.54-carat vivid yellow diamond at its center, making the gemstone itself a focal point of a presentation already built around a celebrity reveal. The figures describe an exceptional piece of jewelry, not the price of an ordinary item in the company’s lingerie collection.
But the return was not received simply as a craftsmanship story. The New York Times’ fashion review framed the revival as bringing back an old stereotype of sexiness. That is the review’s critical judgment, distinct from the reported facts of who wore the bra, who made it and when it appeared. It puts a familiar question beside the spectacle: what does the brand want this fantasy to represent now?
The gap between the two readings matters. A jeweled runway centerpiece can be understood as an exercise in luxury craftsmanship, a celebrity booking or a statement about beauty. Those interpretations do not have to agree. A larger reported valuation answers a question about the object; it does not settle the argument about the image attached to it.
The Fantasy Bra’s history predates the current debate. The tradition began in 1996, according to People’s account of its history. Elsa Hosk wore its last runway incarnation in 2018. The eight-year absence gives the new appearance a clearer significance than a routine change of styling: Victoria’s Secret has deliberately recovered a recognizable part of its earlier identity.
That is not the same as saying the whole fashion show disappeared for eight years. The dates refer to the Fantasy Bra’s runway appearances. Eastern Herald covered the company’s 2025 fashion-show reboot in Brooklyn, when the challenge was already how to retain familiar glamour while presenting a different version of the brand. Jenner’s appearance belongs to the next chapter of that effort, not its starting point.
The choice of wearer also changes the story. Jenner was making her Victoria’s Secret runway debut, while the Fantasy Bra was returning from a long absence. Putting those two developments together made the moment both a first and a comeback. It offered a new face for an old signature without requiring viewers to forget why the signature was familiar.
Celebrity-centered staging is hardly new to this runway. Eastern Herald’s reporting on Bella Hadid’s 2025 finale examined how a model’s entrance, wings and pacing could carry a show’s public identity. The Fantasy Bra returns to that same basic method: give an individual appearance enough visual weight to stand for the larger event.
Casting can communicate a different kind of change. Our earlier coverage of Angel Reese’s 2025 runway crossover considered the brand’s effort to reach audiences beyond its established modeling world. That historical example helps explain why a discussion of the Fantasy Bra cannot be reduced to the jewels alone. The wearer and the audience being addressed are part of the message.
There is a physical design problem beneath the marketing. Jacob & Co.’s description of the Angel Fantasy Bra emphasizes articulated structures that follow the body rather than remaining rigid. Its account treats precious metal as something that must function like fabric. That is the maker’s explanation of its construction, not an independent appraisal of its value.
The $50 million figure also needs that distinction. A reported valuation should not be confused with a completed sale, the cost of producing the piece or evidence of what shoppers will spend. The runway establishes that the design was worn. It does not, by itself, establish any of those commercial outcomes.
For shoppers, the practical distance between runway spectacle and a wardrobe remains substantial. Eastern Herald’s coverage of the 2025 after-party’s more wearable styling drew precisely that distinction between a staged image and clothes that work beyond the event. The Fantasy Bra sits firmly at the spectacle end of that divide.
Whether the return broadens the brand’s appeal or reinforces the criticism identified by The New York Times cannot be answered by the price tag. The immediate result is clearer: Victoria’s Secret has restored the Fantasy Bra, paired it with Jenner’s debut and made its older visual identity part of the current conversation again. The commercial consequences remain to be demonstrated.

