Paramount Pictures has set Zoolander 2 for February 2016 release, and decided to announce the news at Paris Fashion Week.

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In addition to that, actors Ben Stiller and Owen Wilson who play rival supermodels Derek Zoolander and Hansel in the film, also ramp walked and acted as rivals during the Valentino Women's Collection Fall/Winter 2015-16 Fashion Show, Deadline.com reported.

The 2001 film had some hilarious moments from Blue Steel to the catwalk showdown between Zoolander and Hansel, to the freak gasoline fight accident, which was one of the funniest movie comedy moments in recent years.