"Its ten years later and most of it is set inEurope. I dont want to give away too much, but its basically Derek and Hansel ten years later  though the last movie ended on a happy note a lot of things have happened in the meantime. Their lives have changed and theyre not really relevant anymore. Its a new world for them."

"Will Ferrell is written into the script and hes expressed interest in doing it. I think Mugatu is an integral part of the Zoolander story, so yes, he features in a big way.

The story will pick up 10 years after the first film left off and, Dereks "School For Kids Who Cant Read Good" has been destroyed, leaving him in charge of its pupil.

Its been ten years since Derek Zoolander first graced the world with Blue Steel, but now everyone's favourite idiot model is back. While promoting his new film Tower Heist,has been teasing us with new plot details from the highly anticipatedsequel. Stiller spoke to Empire early in the year about the plot,Also fans ofneedn't worry, Mugatu is back too,Now taking to THR Stiller revealed,Stiller says hes very proud of the script, which he wrote with, co-writer of Tropic Thunder. The sequel has been in development for a while now and almost didn't happen with Stiller walking away from the project, apparently the studio even tried to go ahead with out him (?). There is no doubt that there is an audience dying to see more of Derek Zoolander especially if the response to the characters appearance on SNL recently is anything to go by. http://www.youtube.com/watch?v=idVcg5S3Vcs