The duo have announced that they will be launching a collection of lingerie, in collaboration with luxury knicker brand Agent Provocateur, reported Daily Mail.
"It is so exciting for me and Monica to embark in this new adventure. We have always been huge fans of Agent Provocateur and both of us are very much looking forward to this long term collaboration. We feel extremely happy to become part of this great team," Cruz said.
The lingerie line will be launched for the Autumn/Winter 2013 season in key department stores worldwide.
Cruz, 38, and her sister Monica have already fronted campaigns and designed collections for Mango and Samantha Thavasa.