Calvin Klein Jeans has a racy Spring-Summer 2009 ad campaign with a commercial that’s been banned from the US but airs in Europe. In New York City’s Soho, there’s a big billboard that generally features racy Calvin Klein ads. This is the ad that’s currently on the billboard:

Head banging against desk.
Here are examples of ads that have been on the billboard in the past:

An ad for Calvin Klein Secret Obsession featuring a naked Eva Mendes

This was up a few months ago. It's not as provocative as other Calvin Klein ads - now there's just a big ass for us to see when we're walking down the street.
Will the sex-vertising ever end?