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PHOTOS: Irina Shayk strips for lingerie ad!

Looks like the world just can't get enough of this sexy supermodel!

Irina Shayk has stripped for a stunning new campaign for Italian lingerie brand Intimissimi, flaunting her figure in a range of pretty underwear.

In the photographs, football superstar Cristiano Ronaldo's girlfriend is seen posing in cheeky red satin knickers embellished with a bow and modelling a diaphanous black lace camisole in another, the Daily Mail reported.

PHOTOS: Irina Shayk strips for lingerie ad!

This is the most recent in a line of quite a few campaigns the model has shot with Intimissimi's parent brand Calcedonia, who were one of the first lingerie brands to 'discover' the Russian model.

PHOTOS: Irina Shayk strips for lingerie ad!

In an interview with Esquire Magazine, Shayk had divulged that she had been offered "so much money" to pose naked for Playboy, but she refused the offer as baring all would be a step too far for her.

PHOTOS: Irina Shayk strips for lingerie ad!

"I would never do Playboy. Yes, I am a lingerie model, but I have class. Playboy offered me so much money last year. I was like 'no way'," she said.