Agent # 1 and Agent # 2 travel to South Beach, Miami, where the ego driven Mr. Fish and his explosive partner in crime, Rock DeBrie, plot to destroy the trend-setting capitol. With the help of a maraschino cherry camera and a Ricky Martin inflatable decoy. The Agents use their wits and fashion sense to combat Mr. Fish's evil plan to hypnotically dictate international fads.
In an effort to rescue the world's ultra-elite supermodels, The Agents check into Ski Lift, a remote Swiss resort, specializing in "intense body pampering for world class glamour freaks." Once inside the spa, The Agents must overcome the evil Contessa's killer beauty treatments and stop her from establishing a fascistic fashion dictatorship.
Xippo and Xappo Xerxes take over a vacation cruise ship to use the vacationers as labor workers to make their sneakers. The Agents, with the help of a sexy Traci Momandpopadopolis, must rescue the cruisers and stop the Pegasus Games, which are being held at the same time on the fake island Phreakonos, from going awry.