In Photos: Victoria's Secret model Elsa Holsk nearly risks wardrobe malfunction in plunging gown

Victoria's Secret model Elsa Holsk nearly risked a major wardrobe malfunction and almost flashed her assets when she walked the red carpet in a plunging princess-style gown during Cannes Film Festival.

The Swedish beauty looked picture perfect as she posed for photos in the pale blue gown that exhibited her incredible curves. She accessorised the outfit with a pair of diamond earrings and a stone-studded ring.

The 28-year-old blonde beauty completed her look with a pair of strappy white heels and kept hair tresses open with a side parting. She opted for vintage style waves for her locks and flaunted toned legs through daring thigh-high split of the gown.

But when Holsk was confidently posing for photos, she nearly flashed her assets through the plunging neckline and big split. At one point, she even grabbed the dress with her hands to avoid a wardrobe malfunction.

The Victoria Secret Angel also shared her red carpet looks with over 3.6 million Instagram followers with a series of photos. The first image was accompanied with the words: "When you're about to enter your first ever Cannes red carpet... Thank you for making this dream come true @albertaferretti @degrisogono @elizabethsulcer (I promise I will spam you with pics tomorrow!)"

The second snap was captioned: "Thank you @elizabethsulcer for envisioning this moment with me, thank you @albertaferretti for making it for me to perfection, thank you @degrisogono for these unreal jewels, thank you @vincentmakeup and @jenniferyepez for my glam, yesterday was a DREAM ❤️"