The Devil Wears Prada 2 Meryl Streep Red Cape Coat is easily one of the most powerful and talked-about fashion moments from the sequel, perfectly capturing the commanding presence of Miranda Priestly. Worn by Meryl Streep, the dramatic red cape design was taken from Givenchy’s Fall 2026 collection, featuring a structured silhouette, high neckline, and bold flowing cape that instantly elevates the entire look.