Lily Aldridge sizzles in lingerie at Victoria's Secret Fashion Show in Paris

Just last year she stole the spotlight as she strutted down the Victoria's Secret Fashion Show in the $2million fantasy bra.

And Lily Aldridge looked just as attention grabbing as she took to the highly coveted runway at the Paris' Grand Palais on Wednesday night.

The 31-year-old supermodel sent pulses racing in a flesh-flashing silver lingerie set which she teamed with matching wings and towering heels.

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Anything but the blues: Lily Aldridge looked sensational in a blue and red ensemble as she turned heads at the Victoria's Secret Fashion Show held at the Grand Palais in Paris on Wednesday night

Fruits of her labour: Lily showed that all of her hard work in the gym had paid off as she also wore a very racy grey lace ensemble

The racy silver number showed off every inch of her flawless physique as she took to the catwalk with her fellow models.

Laying high on her hips, the skimpy garment sported large cut-outs on the sides which allowed her enviably long, lean legs to take prominence as she sashayed forth in towering open-toe heels.

Lily's shiny chocolate brunette tresses were glamorously styled and framed her pretty face which sported sultry eye-shadow and nude gloss while the glittery wings pulled the 'angel' look together.

For her second outfit of the eagerly anticipated lingerie event, the mother-of-one peeled off more layers of fabric as she bared all of her toned tum in blue lingerie set.

Heavenly: Lily Aldridge, 31, sent pulses racing in a flesh-flashing silver lingerie set which she teamed with matching wings and towering heels as she strutted down the runway

Bottoms up: She cheekily flashed her pert derriere as she walked back up the runway

Silver lining! Laying high on her hips, the skimpy garment sported large cut-outs on the sides which allowed her enviably long, lean legs to take prominence as she sashayed forth in towering open-toe heels

Finishing touches: Lily's shiny chocolate brunette tresses were glamorously styled and framed her pretty face while the glittery wings pulled the 'angel' look together

Here come the girls: (L-R) Victoria's Secret Angels Josephine Skriver, Jasmine Tookes, Lily Aldridge, Adriana Lima, Elsa Hosk, Alessandra Ambrosio and Taylor Hill

The stylish bra contained her ample assets, while the minuscule bottoms barely covered her modesty as she posed at the end of the runway.

A delicate red bow was tied under her busty cleavage and she worked her angles in a pair of matching sky-high ankle boots.

Lily couldn't contain her delight as a funky feathered set of wings, which were attached to her back, spruced up the outfit.

Earlier on in the day, she seemed at ease as she was spotted taking selfies while getting glammed up for the big event.

Fun: The girls were in a playful mood as they posed for a photo backstage; (L-R) Alessandra Ambrosio, Jasmine Tookes, Adriana Lima, Taylor Hill, Lily Aldridge, Lais Ribeiro, Elsa Hosk, Sara Sampaio, Martha Hunt, Romee Strijd and Josephine Skriver

The glam pack: Kendall Jenner (L) also joined her stunning pal Gigi Hadid (middle) for the walk down the runway for their second year, while Gigi's sister Bella Hadid (R) made her sizzling debut on Wednesday

Figure-flashing: The stylish bra contained her ample assets, while the minuscule bottoms barely covered her modesty as she posed at the end of the runway

Glamorous girls: (L-R) Lily Aldridge, Lady Gaga and Jasmine Tookes posed for a backstage snap at the event on Wednesday evening

Lily first got her Angel wings when she walked in the 2010 Victoria's Secret Fashion Show and has continued to model for the luxury lingerie brand ever since.

Last year, the married beauty donned the coveted fantasy bra and this year the honour went to Californian model Jasmine Tookes, 25.

Parading down the runway, Tookes looked like the ultimate sex-kitten as she slipped her sensational frame into the $2.4million emerald and diamond bra, weighing more than 450 carats.

Just your average day! Earlier on in the day, Lily seemed at ease as she got glammed up for the big event

Capturing the moment: The American beauty slipped in a few cheeky selfies as she dolled up backstage

Each year a different model is charged with wearing the 'Fantasy Bra' - a brassiere styled by a world renowned jeweller, who will craft the item which is deemed the 'ultimate holiday gift'.

Kendall Jenner also joined her stunning pal Gigi Hadid for the walk down the runway for their second year, while Gigi's sister Bella Hadid made her sizzling debut on Wednesday.

They joined Angel veterans Alessandra Ambrosio and Adriana Lima, both 35, for the spectacular parade in the French capital.

Bella's rumoured ex beau The Weeknd performed during the night, as did Lady Gaga and Bruno Mars.

The Parisian show marks the Victoria's Secret catwalk's 21st year, having first launched in New York in 1995, with the show growing in size every year and scoring higher profile names with it.

All eyes on her: Jasmine Tookes looked like the ultimate sex-kitten as she slipped her sensational frame in to the $2.4million emerald and diamond Fantasy Bra, weighing more than 450 carats

Angel forever: Lily (fourth from left) first got her Angel wings when she walked in the 2010 Victoria's Secret Fashion Show and has continued to model for the luxury lingerie brand ever since. Last year she donned the £2million Fantasy Bra