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Naomi Campbell, 54, sets pulses racing in a daring Dolce & Gabbana black lace bra as she graces the cover of V Magazine for the fourth time

Naomi Campbell looked incredible as she showed off her supermodel figure in a striking new pH๏τoshoot.

The 54-year-old flaunted her age-defying looks on the cover of the Winter 2024 issue of V Magazine as she posed in a black lace bra from Dolce & Gabbana.

Naomi teamed the look with a cropped blazer and a pair of black trousers for the fashion shoot.

The model added a black statement fascinator with a small veil and sH๏τ the camera a smouldering pose.

In another sizzling snap, Naomi opted for a black sheer long sleeve blouse with feather trim detailing and a black maxi chiffon skirt

Naomi Campbell looked incredible as she showed off her supermodel figure in a striking new pH๏τoshoot

Naomi Campbell looked incredible as she showed off her supermodel figure in a striking new pH๏τoshoot

The supermodel proved she's still got what it takes to grace the cover of a magazine

The supermodel proved she’s still got what it takes to grace the cover of a magazine

The beauty finished off her look with black leather gloves as she struck a power pose for a windswept look.

Starring on two special covers captured by pH๏τographer Sølve Sundsbø and styled by Gro Curtis in Dolce & Gabbana and Dolce & Gabbana Beauty, Naomi is ringing in the beginning of the winter season in serious style.

One of the covers also includes an ultra rare ‘couture’ edition that features embroidered lace from the Dolce & Gabbana ateliers, which is limited to 25 copies worldwide.

The pH๏τoshoot comes after Naomi admitted to failures at her Fashion for Relief charity – but denied misconduct.

The beauty set pulses racing as she donned a black lace bra under a cropped blazer and a pair of black trousers for the fashion shoot

The beauty was banned last month from being a charity trustee for five years after an inquiry found she used funds raised for good causes for spa treatments and cigarettes instead.

She founded Fashion For Relief in 2005, aiming to raise funds for humanitarian causes by staging runway shows, but the charity was removed from Britain’s list of charities this year.

An inquiry published into the organisation by the Charity Commission found multiple instances of misconduct and mismanagement, and the commission said it was banning Campbell plus two others from trusteeship as a result.

Naomi revealed she had instructed new advisers to investigate what happened at her charity Fashion for Relief.

The beauty set pulses racing as she donned a black lace bra under a cropped blazer and a pair of black trousers for the fashion shoot

She added a black statement fascinator with a small veil and sH๏τ the camera a smoldering stare

She added a black statement fascinator with a small veil and sH๏τ the camera a smoldering stare

In another sizzling snap, Naomi opted for a black sheer long sleeve blouse with feather trim detailing and a black maxi chiffon skirt

In another sizzling snap, Naomi opted for a black sheer long sleeve blouse with feather trim detailing and a black maxi chiffon skirt

Naomi finished off her look with black leather gloves as she struck a power pose for the windswept look

Naomi finished off her look with black leather gloves as she struck a power pose for the windswept look

The model said the Charity Commission’s report was ‘incomplete and misleading in their consideration of evidence’.

The watchdog claimed it had found serious mismanagement of funds including H๏τel stays and spa treatments.

Details emerged the organisation splurged £12,000 on a flight to Nice to transfer art and jewellery, as well as splashing out £7,800 on a luxury H๏τel stay for the model.

The Charity Commission also found that of the £4.8million generated by Fashion For Relief between 2016 and 2022, only £389,000 was given to good causes.

An enquiry found that between April 2016 and July 2022, just 8.5 per cent of the charity’s overall spending was on charitable grants.

Naomi was one of three trustees to be disqualified as a result of the probe.

Starring on two special covers captured by pH๏τographer Sølve Sundsbø and styled by Gro Curtis in Dolce & Gabbana and Dolce & Gabbana Beauty

Starring on two special covers captured by pH๏τographer Sølve Sundsbø and styled by Gro Curtis in Dolce & Gabbana and Dolce & Gabbana Beauty

One of the covers also includes an ultra rare 'couture' edition that features embroidered lace from the Dolce&Gabbana ateliers, which is limited to 25 copies worldwide

One of the covers also includes an ultra rare ‘couture’ edition that features embroidered lace from the Dolce&Gabbana ateliers, which is limited to 25 copies worldwide

‘First of all, I recognise that, as the face of Fashion for Relief, I am ultimately responsible for its conduct,’ she said in a statement.

‘Unfortunately, I was not involved in the day-to-day operations of the organisation, and I entrusted the legal and operational management to others.’

‘I want to ᴀssure everyone who has supported us that these findings are being taken very seriously.’

‘I have instructed new advisers to undertake a detailed investigation of what transpired.’

Naomi insisted she has ‘never been paid a fee for my participation in Fashion for Relief nor billed any personal expenses to the organisation’.

‘I’ve dedicated nearly 30 years of my life to charitable initiatives, and I care deeply about the value and impact of the work I do,’ she said.

Naomi pictured in Cannes in 2018 when her organisation Fashion for Relief spent £7,800 on a luxury three night H๏τel stay

Naomi pictured in Cannes in 2018 when her organisation Fashion for Relief spent £7,800 on a luxury three night H๏τel stay

‘Typically, I align my charity work with paid ᴀssignments, which cover my travel and related expenses.’

‘In cases where this is not possible, either myself or personal friends have covered the expenses.’

‘In fact, in terms of the specific H๏τel expense mentioned in the report, the H๏τel has confirmed that all charges were settled by my personal travel agent, who in turn verified that they were reimbursed directly by a third party unaffiliated with the foundation.’

Naomi said she intends to consider all options, including requesting an appeal, to ensure the report ‘presents a fair and accurate representation of our operations’.

‘We believe aspects of the report are deeply flawed,’ she added.

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