Men the world over rejoice: it is Hollywood's sex symbol of the moment, Megan Fox, who is ready to accept Victoria Beckham's inheritance at Armani.

The Italian designer brand announced October 14 that the actress will be the face and the body of Armani's upcoming underwear and jeans ranges (out early next year).

Media had been speculating who might fill Beckham's spot after she announced that she would not star in the steamy ads any longer due to the development of her own fashion line.

Last week, Armani announced that David Beckham -- who used to star in the label's ads and says he will focus on his own underwear range -- would be succeeded by fellow footballer Cristiano Ronaldo.

The Italian fashion house said that the new campaign starring Ronaldo and Fox, shot by photographer duo Mert Alas and Marcus Piggott last weekend, would be unveiled shortly.