By Margaret Lyons
January 14, 2011 at 06:45 PM EST

Image Credit: Melinda Sue GordonGet excited, fans of the really, really, ridiculously good looking: Zoolander 2 is one step closer to a reality. Sequels! They’re so hot right now.

Ben Stiller and Justin Theroux have completed the script, and it sounds like they found a way to make a sequel relevant. Stiller told Empire:

It’s ten years later and most of it is set in Europe. 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.”

Yep, this brings me enormous joy.

My most-quoted Zoolander line is “hot bread, Zeke!” What’s yours, PopWatchers? And what do you think of the sequel plot?

Read more:

Owen Wilson says ‘Zoolander 2’ script is ‘still being tweaked’

Ben Stiller to bring Zoolander to internet