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Victoria's Secret's star attraction, Miranda Kerr, was spotted in New York this week preparing for Wednesday night's taping of the Victoria’s Secret Fashion Show, during which she will wear a 142-carat, US$2.5 million ($1.8 million) bra. The show will tape on Wednesday and air November 29 on CBS.

Miranda was spotted in New York this week gearing up for the Victoria’s Secret fashion show, which will be taped this week and air later in the month. The Australian model and new mother to Orlando Bloom's son Flynn will be the highlight of the show and she will be wearing the controversial $2.5 million 142-carat bra.

While Kerr effortlessly loses weight before the annual show, another Victoria's Secret model, Adriana Lima, works out twice a day and drinks protein shakes just in preparation for the annual lingerie fashion show.

The theme of this year's fashion show is Venus-on-the-half-shell, and Kerr will walk the show wearing not wings, but a big clamshell contraption made of silver gauze. Catch your favorite VS angels Doutzen Kroes, Miranda Kerr, Alessandra Ambrosio, Candice Swanepoel, Adriana Lima, Erin Heatherton, Lily Aldridge and Lindsay Ellingson who will all walk the infamous pink carpet. Rosie Huntington-Whiteley was approached to participate in the annual Victoria's Secret show, but turned the offer down due to other work commitments.....not the filming of Transformers 4 we hope!

Staging is scheduled for Wednesday and will air exclusively on CBS on Nov. 29. See highlights from the 2008 show and 2009 show.

Miranda Kerr will appear in Grazia wearing one of our favourite Australian swimwear labels, Anna and Boy. Catch a sneak peak below.