Victoria’s Secret Fashion Show 2012: All About Alessandra Ambrosio’s Floral Fantasy Bra (VIDEO)

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If the Victoria’s Secret Fashion Show has one signature, it’s the Fantasy Bra.

The multimillion dollar brassiere has become a institution at the annual TV spectacle. Ever since Claudia Shiffer modeled the inaugural Million Dollar Miracle Bra in 1996, a themed Fantasy Bra has specially designed for the annual show and a Victoria’s Secret Angel has been selected to sashay the pricey piece down the catwalk.

This year, that highly-coveted honor belongs to VS veteran Alessandra Ambrosio, who follows in the high-heeled footsteps of other genetically-blessed goddesses like Karolina Kurkova, Heidi Klum, Tyra Banks, Adriana Lima and Miranda Kerr. Ambrosio will wear the Floral Fantasy Bra, a London Jewelers creation bedazzled with amethysts, rubies, sapphires and diamonds — not to mention a 20-carat white diamond at the center — all set in rose and yellow gold.

“We absolutely love the way it came out,” Candy Udell, president of Long Island-based London Jewelers, told Celebuzz on the Victoria Secret Fashion Show’s pink carpet. “It’s really beautiful. The Floral Fantasy Bra was inspired … [by a] floral theme because we thought it was very colorful and beautiful to work with.”Ambrosio steals the spotlight in the ornate piece during “Angels in Bloom,” one of the 2012 show’s six themed sections. “There’s a whole segment around it,” Udell explained. “It’s all done with flowers and the bra just stands out beautifully.”

Udell is honored to have her company’s bejeweled bra featured in the Victoria’s Secret show, which the lingerie giant has been running annually since 1995. “I think that this is the mother of all fashion shows,” she gushed. “It’s the largest one in the world and it’s seen in over 180 countries around the world.”

Though Udell had no hand bestowing the Fantasy Bra honor upon Ambrosio, London Jewelers was more than pleased with the Brazilian mode. “I don’t know the process. I do know she’s been with them quite a while so maybe it’s seniority or just next in line,” Udell said. “But she’s beautiful and wonderful to work with. We’re really happy she was chosen this year.”

The 2012 Victoria’s Secret Fashion Show airs Tuesday night at 10 p.m. ET on CBS. But enjoy our sneak peek of all the show-stopping performances, statuesque Angels and glitzy lingerie styles in our gallery.

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