PHOTOS: Victoria's Secret Fashion Show 2014 with Taylor Swift

Supermodels, million-dollar bras, rhinestones and glitter galore - it can only be a Victoria's Secret catwalk show.

The U.S. lingerie label brought its annual spectacle to London for the first time on Tuesday, dazzling guests with a high-octane mix of fashion and entertainment that featured 47 extravagantly dressed models and performances by pop princess Taylor Swift.

Models sashayed down the catwalk wearing lingerie paired with sparkly, over-the-top costumes, including giant butterfly wings, full feather skirts, and gold knee-high stiletto boots. Top models Adriana Lima and Alessandra Ambrosio donned the brand's "fantasy bras" - encrusted with thousands of jewels and worth $2 million each - and Karlie Kloss wore gilded angel wings made of 18K gold.

Ariana Grande, Ed Sheeran and Hozier also performed as models strutted around them.

Check out photos from the fashion show above.