One thing on the mind of fashion lovers right now is the Victoria’s Secret Fashion Show, happening in Fall 2026. And right now, the brand’s runway model lineup has fans in the pop culture space wondering who’ll make the cut.
Interestingly, VS confirmed that this 2026 runway show is taking a new direction. It’s shifting from the usual agency pipeline and toward direct talent discovery through a nationwide casting initiative. So, an everyday applicant could land a runway spot alongside the fashion industry’s biggest names. And that has got prediction market traders watching closely. Let’s find out more.
What We Know So Far About Victoria’s Secret Fashion Show 2026
Victoria’s Secret ran an open casting call for models (called Angels), so they could have a shot at landing a runway spot. Besides that, they could receive an exclusive contract with IMG Models. Yes, that same agency that represents names like Gigi and Bella Hadid and Karlie Kloss.
Interestingly, VS is turning the entire casting journey (which ran from April 6 through May 28, 2026) into a docuseries titled “Lights, Camera, Angels.” This move adds a layer of storytelling to the runway show.
The application is closed, which means a selection is imminent or already made. So, there’s a chance an applicant from the series will appear on one of fashion’s most-watched stages. And this unpredictability has caught the attention of top
prediction market apps
like Kalshi, where traders are wondering who’ll become the 2026 runway models.
Legacy Models To Appear On VS Runway Show
While speculation remains about which applicants will emerge from the casting process, VS has decided to feature runway legends and favourites in this year’s runway show. Here’s how they appear on the Kalshi market.
| Models | Chance of returning | Yes contract | No contract |
| Andriana Lima | 92% | 96¢ | 8¢ |
| Candice Swanepoel | 87% | 87¢ | 17¢ |
| Gigi Hadid | 86% | 91¢ | 15¢ |
| Bella Hadid | 82% | 85¢ | 18¢ |
Do note that trading activity and prices can change based on news, announcements, and market sentiments leading up to the runway show in the fall. So, do well to check Kalshi directly for current prices. Let’s review each of these runway models.
Adriana Lima
Lima was confirmed as one of the first six models announced for the 2025 runway. Her return is now part of VS’s current brand story, making her the strongest name in prediction-market discussions.
Candice Swanepoel
Swanepoel featured in the star-studded 2025 lineup and has a history with Victoria’s Secret. Her consistency over recent years makes her a top name to consider ahead of the 2026 runway show.
Gigi and Bella Hadid
Gigi and Bella are both directly connected to IMG Models, which makes their names naturally part of the conversation. Any confirmed announcement involving either would move the market quickly for both.
How To Trade Victoria’s Secret Fashion Show 2026: Runway Models At Kalshi
Kalshi is a top prediction market app fully regulated by the Commodity Futures Trading Commission (CFTC). It has listed a special category for this prestigious runway show. Here’s how to get started:
- Click the banners on this page to sign up at Kalshi
- Enter your email and password and verify the account via the confirmation link sent to your email.
- Head to the
Culture Predictions
section.
- Scroll until you see “Victoria”s Secret Fashion Show 2026: Runway Models.”
- Pick any model’s contract and buy her “Yes contract” if you think she’ll appear at the runway show. You can also purchase the model’s “No contract” if you think she won’t make it.
- Confirm your trade.
Whatever outcome you pick, wait for the official announcement from Victoria’s Secret’s homepage or when the runway show starts. If you’re correct, the contract settles at $1. Otherwise, it settles at $0.
Trade Who’ll Be Victoria’s Secret Fashion Runway Model at Kalshi Today
The VS fashion show 2026 is shaping up to be the most unpredictable runway in the event’s history. By mixing legacy names, returning favorites, and applicants from the open casting process, we’re about to have quite the show this fall. If you have an idea of who may appear on the VS runway, hit the banners on this page to sign up on Kalshi and lock in your predictions.
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