Appearing on The Late Show with Stephen Colbert, Streep reflected on how the original The Devil Wears Prada was categorised at the time of its release. "Twenty years ago, it was categorised as a 'chick flick,'" she said. "And that designation has kind of not worn well."

The actor pointed to the continued success of films led by women, noting that audiences have consistently responded to such stories.

Referencing projects like Barbie and Mamma Mia!, she said many female-led films "catch the studios by surprise [when] people want to see them, because they have girls in the centre of the story, women in the centre of the story."

Looking back, Streep recalled that the original film faced financial constraints. "We had to scramble for our budget," she said, adding that even Barbie encountered similar challenges during its making.

The sequel, however, tells a different story. "This one, honey, they spent the money," she said, suggesting a shift in how such projects are now perceived within the industry.

The upcoming film reunites Streep with co-stars Anne Hathaway, Emily Blunt and Stanley Tucci, along with director David Frankel and writer Aline Brosh McKenna. The story revisits Miranda Priestly and Andy Sachs as they navigate a changing fashion and media landscape.

Beyond the sequel, Streep is also set to star in and executive produce The Corrections, a limited series for Netflix, adapted from Jonathan Franzen's novel.

Agencies