Sexy Alessandra Ambrosio showed off her famous bikini body to launch the new Victoria’s Secret Waikiki store.

Ambrosio said that the new store is on “one of my favorite avenues of the world,” one she’s very familiar with. “I came here for my vacation this year in August and it definitely for me is one of the most exotic places,” she said. “It’s easy access from Los Angeles and I brought my whole family from Brazil here.”

For the store’s opening, Ambrosio has been given a new favorite accessory — a pink Victoria’s Secret surfboard printed with hibiscus flowers, which she has been photographed with all around town. While she hasn’t actually caught a wave on it, she did do some lawn surfing at the Royal Hawaiian resort, also known the the “Pink Palace.”

Its a good thing Ambrosio is in top shape, as she’ll soon be hitting the runway for the 2011 Victoria’s Secret fashion show, which will air on CBS on Nov. 29.