Lily Aldridge exposes lacy underwear despite freezing temperatures at Sports Illustrated party

The who’s who of the modelling world came out to celebrate Sports Illustrated Swimsuit 50 Years Of Swim in New York City.

Held at the Sports Illustrated Swimsuit Beach House, there was plenty of taut and tanned flesh on display as the industry’s H๏τtest exports paraded their enviable physiques down the black carpet for pH๏τographers.

While cover model Nina Agdal chose a more demure look for the occasion, exposing just her back in her feminine and flirty blush-coloured frock, mom-of-one Lily Aldridge decided to avoid an accidental wardrobe malfunction by simply putting it all on show to begin with.

Well that’s one way to get attention! Sports Illustrated cover girl Lily Aldridge went for full-frontal exposure in her daring slit skirt as she made her way into the magazine’s 50th Anniversary Swimsuit Edition party in New York City

The stunner picked out a black crop top and a rather unusual matching black high-waisted wrap skirt that was slit almost to the waist, flashing her black lace knickers to the world in all their glory.

The Victoria’s Secret Angel certainly has the body to pull off the risqué look, though she surprisingly appeared somewhat self-conscious as she posed with her legs crossed as she made her way into the bash.

As always, her hair was styled to perfection, with soft waves framing her face, which featured beautifully-applied natural make-up and contrasting bright red lips.

Supermodel sandwich! Sports Illustrated 50th Anniversary Swimsuit Edition cover models Chrissy Teigen, Lily Aldridge and Nina Agdal (from left) got to grips with each other as they cosied up on the black carpet

Closer! Chrissy, Lily, and Nina proved their tight bond as they snuggled up for a more intimate pH๏τo

No, you look H๏τter! Lily and Nina battled it out for cover queen status as they perused the magazine