Cristiano Ronaldo must feel like one lucky man, especially if supermodel fiancée Irina Shayk gets to keep some of the clothes from her photoshoots. In a campaign spread unveiled Monday for the Italian lingerie company Intimissimi, Shayk flaunts her figure in some frilly lingerie and debuts a new shorter hair-cut.

Shayk poses coquettishly in red and white babydoll with a black satin bow on the back. In another shot, she looks a bit more seductive in a black lace babydoll with black patent leather pumps. The voluminous, shorter hairdo looks gorgeous on the 26-year-old, who has always been seen with long cascading locks.

The Russian stunner is currently one of the most in-demand lingerie models in the world.

This is the latest of several campaigns Shayk has shot for Intimissimi's parent brand Calcedonia. The brands boasts that it was they who first discovered Ms Shayk, reports The Daily Mail.

The supermodel recently posed semi-topless for the February 2012 issue of Esquire UK but insists that she would never bare it all for Playboy. 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,' said the sexy fiancée of soccer superstar Cristiano Ronaldo.

Undoubtedly, the Russian supermodel is known for her bodacious bod and sultry good looks. The Esquire editorial is not the first time Shayk has shed her clothes. She is known for her work with Sports Illustrated, Victoria's Secret, Germaine De Capuccini Skin Care and swimwear brand Luli Fama. Her Luli Fama spread earned her the No. 6 spot for Sexiest Ads of 2011.

But, alas, Playboy is not her thing (sorry, Lindsay).

Alright Naomi Campbell and Claudia Schiffer did it. Bu they did it at the end of their career and it was classy. I think of myself as a cover girl. But I would never do some kind of cheesy magazine, said Shayk.

In the Esquire shoot she poses seductively in black lingerie and patent leather pumps, draped over a banister and propped against a wall. She said that she has always been a stilettos girl. I love high heels from the age of 10! Short skirts and then high heels. My classmates used to make fun of me. Like, 'Ooh, she's so skinny and she's wearing high heels.'

In February last year, Shayk and Ronaldo became engaged on Valentine's Day. They had been talking about marriage. Cristiano wanted something very special and romantic, and on Valentine's Day he travelled to New York to surprise Irina, said a friend of the couple. Shayk met Ronaldo after they modeled together for Armani Exchange. They are said to have been dating since early 2010.

Shayk just celebrated her 26th birthday on Jan. 6.