Zoolander returns on Saturday Night Live

With all the recent chatter about a new Zoolander movie it was no suprise to see Ben Stiller appear as his most famous creation when he hosted Saturday Night Live this weekend.

“Please welcome New York’s hottest male model, Derek Zoolander!” said Bill Hader, playing city correspondent Stefon on the spoof news show Weekend Update .

"Am I on the news?" opened Stiller in Zoolander's slow speech, before he and Stefon used the slot to promote their Halloween party.

“For too long, Halloween in New York has been a quiet, almost religion-y holiday for old people and babies but that’s all about to change. This year, I’m hosting a VIP blowout in New York’s hottest neighborhood: SoWeHoBeLoHoboWo," said Stiller, explaining that was, "South of West Houston below lower Hoboken. Woagh."

Derek's costume for the event? His new look, Cold Coffee. As fans of Zoolander might expect, it looked very similar to Blue Steel.

All proceeds from the party go to The Derek Zoolander Foundation For Fat Kids Who Are Fat But Not In A Cute Way Like That Fat Kid On Modern Family .

US internet users can find the clip here .