Speak German? Translation please?

I know the Felina brand of Lingerie, but what the hell is this little film?

Too long/too early for a TV ad? Corporate film about the wonders of structured undergarments? Potential fetish film? It reminds me a little of the German "Nature" films from pre-Nazi Germany, where everyone is strong and blonde and UBER healthy, looking toward tomorrow's skies.

When was it made -- 1950's? Why does he keep smoothing his mustache (smelling his finger?...ewww.) Courtesy of Jezebel ALWAYS a terrific source :))

Anyone who can tell me more gets a fabulous prize!! heh
http://www.youtube.com/watch?v=xLg_3XyXAyc&feature=player_embedded