Victoria's Secret Runway Show, Tyra Banks, Miranda Kerr

JON LEVY/AFP/Getty Images

The 2018 Victoria's Secret Fashion Show is right around the corner, and the Angels are more than ready to take flight down the runway.

The inaugural event began in 1995 and has since become the most-watched fashion show on television, according to Harper's Bazaar, with 800 million people tuning in. This year's VS Fashion Show will take place stateside in New York City, whereas last year the runway was in Shanghai, China. Many models, including Gigi Hadid and performer Katy Perry, had to drop out of the show at the last minute after being denied entry into the country. 

"I'm so bummed I won't be able to make it to China this year," Hadid tweeted before the show last year. "Love my VS family, and will be with all my girls in spirit!! Can't wait to tune in with everyone to see the beautiful show I know it will be, and already can't wait for next year! :) x."

Both Gigi and Bella Hadid will be in the show this year.

The 2018 show will have a number of VS veterans and newbies. Barbara Palvin, for instance, is returning to the show after 6 years. Other recognizable faces who have strutted their wings include Kendall Jenner, Adriana Lima and Behati Prinsloo. New to the show this year are models like Winnie Harlow, Iesha Hodges and Josie Canseco

There will also be plenty of big-name musicians and performers at the show, including Halsey, Shawn Mendes, Bebe Rexa, The Chainsmokers, Rita Ora and Kelsea Ballerini.

As the Victoria's Secret Fashion Show celebrates its 23rd birthday, take a look at the gallery below to see the similarities and differences of the fashion show in both 1998 and 2008.

Victoria's Secret Runway Show 1998, Tyra Banks

JON LEVY/AFP/Getty Images

Victoria's Secret Runway Show 1998, Bridget Hall

Dave Allocca/DMI/The LIFE Picture Collection/Getty Images

Victoria's Secret Runway Show 1998, Karen Mulder

Richard Corkery/NY Daily News Archive via Getty Images

Victoria's Secret Runway Show 1998, Ines Rivero

Ron Galella, Ltd/Getty Images

Victoria's Secret Runway Show 1998, Naomi Campbell

JON LEVY/AFP/Getty Images

Victoria's Secret Runway Show 1998, Heidi Klum

JON LEVY/AFP/Getty Images

Victorias Secret Runway Show 2008, Karolina Kurkova

TIMOTHY A. CLARY/AFP/Getty Images

Adriana Lima, Most Memorable Victoria's Secret Fashion Show Looks of All Time, 2008

John Parra/WireImage

Heidi Klum, Victoria's Secret

Frank Micelotta/Getty Images

Victoria's Secret Runway Show 2008, Selita Ebanks

TIMOTHY A. CLARY/AFP/Getty Images

Victoria's Secret Runway Show 2008, Miranda Kerr

John Parra/WireImage

The 2018 Victoria's Secret Fashion Show airs Sunday, Dec. 2 on ABC.

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