Bar Refaeli Does Sexy Santa Striptease In Commercial for Her Underwear Line

Guess the 'Sexy Santa' just never gets old, especially if Bar Refaeli is the one in costume.

The 27-year-old model stars in a holiday commercial for her Under.Me lingerie line. Strolling the New York City streets in a full Santa suit (beard and all), the commercial ends with Bar returning to her apartment to take off the festive layers,  leaving only her panties and the Santa hat.

Refaeli, who launched the underwear range last year, concentrating on 'comfortable simple lines,' certainly has the bombshell bod to model her own barely-there designs.

Bar tweeted the video saying, 'Santa Claus is coming to town! Merry Christmas!'