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 .

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

The original film, adapted from Lauren Weisberger’s novel, earned $326 million worldwide, secured Streep an Academy Award nomination, and has become one of the most beloved and frequently quoted movies of the century.