The film is heading into production this week two decades after the beloved movie hit theaters, and is set to shoot in New York and Italy. Anne Hathaway, Meryl Streep, Emily Blunt and Stanley Tucci are on board for the follow-up film, which is adding Kenneth Branagh to the cast, sources tell The Hollywood Reporter .

Emily Blunt and Stanley Tucci will also be returning for the sequel, which will introduce an intriguing new character.

The "Devil Wears Prada" sequel begins production this week, 20th Century Studios announced with a video teaser.