Candice Swanepoel led off the Victoria’s Secret 2011 fashion show, but model Miranda Kerr highlighted the evening, wearing a $2.5 million diamond encrusted bra.

Last year, Kerr was a no show, about to give birth to son Flynn. After delivering in January, she bounced back in three and a half months to her bikini body shape.

Despite her thin frame, she was more than ample up top to fill out the bra. She credits her fuller size to breast feeding.

The runway extravaganza, which will air Nov. 29 on CBS, was held at the Lexington Avenue Armory last night in New York City.

Check out the photos; click to enlarge!

The show was divided into six themed sections, from “Ballet” to “Super Angels,” “Passion,” “Angels Aquatic,” “I Put a Spell on You” and “Club Pink.”

The models showed off a variety of fanciful lingerie, which included Victoria’s Secret’s trademark angel’s wings as well as huge peacock-like displays.

The piece $2.5million Fantasy Treasure bra, encrusted with yellow diamonds and pearls was the highlight of the show.

Although a super bra is featured every year, this was Miranda’s first modeling it. In years past, model Heidi Klum did the honors. Klum has since retired from the show.

Kerr’s husband Orlando Bloom give his wife a standing ovation as she passed by.

“I’ve waxed, shaved, done laser. I’m prepped at this point,” Kerr said before the show.

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