The shoot sparked controversy over the magazine content as it was accused of glorifying young girls getting involved in the fashion industry.
Kerr was the first Australian model in the Victoria's Secret campaign.
Kerr and millionaire Bing, who is the father of Elizabeth Hurley's son, were spotted attending a party at a huge house in Malibu on Saturday.
Sources told Mail that Kerr pulled up outside the home, carrying 3-year-old Flynn, her son with ex-Orlando Bloom, while a small entourage followed her.
Model Miranda Kerr split from her husband Orlando Bloom just one month ago, but the Victoria's Secret beauty has already moved on to Australian billionaire businessman, James Packer, reports Page Six.
Packer, 46, and Kerr, 30, While Kerr has seen some career turmoil lately and was recently accused of photoshopping her Instagram photos, Packer is the son of the late media mogul, Kerry Packer and inherited control of the family company, Consolidated Press Holdings Limited.