She became a mother for the second time when she welcomed son Winston into the world in February.
And Lily Aldridge made a rare post-baby appearance as she attended the star-studded Bulgari Hight Jewellery Exhibition on the Italian island of Capri on Thursday night.
The Victoria’s Secret Angel, 33, looked elegant as she slipped into a stunning yellow silk gown with a low-cut draped neckline.
The supermodel’s eye-catching ensemble featured a cape-like train which trailed behind her in a glamorous fashion.
The mother-of-two paired the full-length dress with a dazzling statement choker embellished with colourful gems and pearls.
The fashion icon appeared in high spirits as she swept her dark tresses into a low ponytail with a centre parting and posed with group CEO at Bulgari Jean Christophe Babin and creative director Lucia Silvestri.
Lily completed her look with dramatic eye make-up to enhance her naturally stunning features.
The model married Kings of Leon frontman Caleb Followill, 37, at the San Ysidro Ranch in Montecito, California, on May 12, 2011, after first meeting him at the Bonnaroo Music Festival in 2007.
The couple share Dixie Pearl, six, and four-month-old baby son Winston Roy.
Lily announced the arrival of her second child via her Instagram page in February, posting a sweet snap of the newborn’s feet.
In September 2018, the model took to the runway for Brandon Maxwell at New York Fashion Week while five months pregnant.