Ben Stiller, Owen Wilson strut their stuff on Paris runway for 'Zoolander 2'

Blue Steel is back! Ben Stiller and Owen Wilson hit the Valentino runway at Paris Fashion Week today as their alter egos Derek Zoolander and Hansel to announce a sequel to the 2001 hit comedy about the world of male modeling.

Zoolander (Stiller) modeled a "custom Night Butterflies brocade suit and hand-embroidered overcoat" while Hansel (Wilson) sported a "Silk Continent print Pajama suit with Double Cashmere overcoat," according to Valentino.

Tap to see video if viewing on News app.

The actors' appearance on the runway was met with cheers from the fashionistas in the audience who were there to see the designer's ready to wear fall/winter 2015-16 show. The pair even posed with Vogue editor-in-chief Anna Wintour backstage.

Paramount Pictures says the film will hit theaters in Feb. 2016.