Nearly two decades after The Devil Wears Prada first clicked its stilettos across the cultural imagination, the film that defined a generation of fashion fantasies (and workplace fears) is officially getting a sequel. Currently in development at Disney—now the keeper of the Prada crown—the project reunites Meryl Streep and Anne Hathaway as the indomitable Miranda Priestly and her once-wide-eyed assistant, Andy Sachs.

Emily Blunt is also set to return as Emily Charlton, the razor-sharp assistant with the best coats and the worst flu. And in a move that feels as reassuring as a perfectly tailored blazer, screenwriter Aline Brosh McKenna and director David Frankel are reportedly in talks to reprise their roles behind the camera.

Here’s everything we know so far—and what it might mean.

A sequel, at last

In an era thick with long-awaited revivals—Beetlejuice, Twisters, Bridget Jones: Mad About the Boy—The Devil Wears Prada feels like the most fashion-inevitable return of them all. Released in 2006, the film became an instant classic, immortalizing the glossy cruelty and delicious absurdity of life inside a fashion magazine thinly veiled as Vogue. (“Everybody wants to be us,” Miranda famously declares—and she wasn’t wrong.)

For years, a sequel seemed improbable. The cast moved on; the industry changed. But now, The Devil Wears Prada 2—or whatever sharply titled incarnation it takes—appears to be very real. Streep headlines once again, with Blunt and Hathaway returning to the roles that helped cement their star power.

Lauren Weisberger’s literary sequel, Revenge Wears Prada, exists, though it’s still unclear whether the new film will adapt that storyline or strike out in a fresh direction. One thing, however, is no longer in question: Andy Sachs is back. After months of speculation, Hathaway’s appearance in the first teaser all but confirms her return—cerulean sweaters and all.

Familiar faces are expected to reappear, too, including Stanley Tucci, Tracie Thoms, and Tibor Feldman, rounding out the ensemble that made the original feel so deliciously lived-in.

New blood, new power plays

The sequel won’t rely on nostalgia alone. New cast members are set to join the fashion fray, with Kenneth Branagh and Patrick Brammall reportedly playing the love interests of Miranda and Andy, respectively. Elsewhere, a striking roster—Simone Ashley, Lady Gaga, Lucy Liu, Justin Theroux, and B.J. Novak—promises a next-generation energy worthy of the Prada legacy.

So, what’s the story?

Details remain tightly controlled (Miranda would expect nothing less), but early whispers suggest a plot that mirrors the real-world evolution of fashion media. Miranda Priestly is still very much in the business—but print magazines, and the old rules that governed them, are no longer what they once were. She’s not ready to retire, yet the ground beneath her Louboutins is shifting.

Enter Emily Charlton, now a high-ranking executive at a powerful luxury group—one with deep advertising pockets that Miranda may desperately need. Their paths, inevitably, are set to collide again, this time on a battlefield shaped by corporate power, digital dominance, and the question of who truly controls fashion now.

In other words: the clothes may have changed, but the stakes are higher than ever. And yes—fashion still wants to be Miranda Priestly.