'Zoolander 2' 2016 Release Date Announced [PHOTOS & VIDEO] Watch Ben Stiller & Owen Wilson Crash Paris Fashion Week Runway Show

We've been hearing some talk about the proposed Zoolander sequel for a number of years, with updates popping up every once in a while like Justin Theroux getting hired writer and director, Penelope Cruz joining the cast and more, but this week held some amazing news for the project. According to Paramount Pictures, Zoolander 2 has a February 12, 2016 release date! To help announce the news, we saw actors Ben Stiller and Owen Wilson in character as Derek Zoolander and Hansel McDonald, respectfully, crashing a Valentino runway show during Paris Fashion Week! Check out some photos and video footage below!

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Will Ferrell and Christine Taylor are set to return for this highly anticipated sequel, too, according to Slash Film.

Thanks to a slew of social media posts from Stiller, the fashion icon and the film studio, we have a great collection of photos and a video to share with you today. Check out all of this exciting Zoolander 2 material right here:

Let us know what you think of this movie news in the comments section below!