This is a real photo:
BRAZIL: ADVERTISEMENT FEATURING HILLARY CLINTON WITHDRAWN https://www.youtube.com/watch?v=eYwre-sMDig
More info:
http://articles.orlandosentinel.com/1995-11-02/news/9511020909_1_brazilian-lingerie-beneath-lingerie-maker
WARNING! Mind bleach is needed for the close up shot in that video.