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Blake Lively Looks Stunning (Obviously) in Her New Gucci Campaign

Blake Lively, Gucci Courtesy Gucci

Remember when just a few weeks ago Blake Lively was crushing it on the 2014 Cannes Red Carpet? Well, good news: She's back at it. This time she's looking oh-so-lovely in her new ad for Gucci Premiere perfume.

Clad in a dazzling, one-shoulder gown with her hair curled into flawless retro waves, the actress oozes Old Hollywood glamour. Our first thought upon seeing the ad? Ryan Reynolds is one lucky guy!

This is the second fragrance campaign the former Gossip Girl has fronted for the Italian brand. In 2012 she reportedly banked $4 million for her debut ads.

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"She has done it smart by not over-endorsing too many brands," an insider previously told E! News. "She's gorgeous and her image is a valuable one." Apparently so, since the star is also currently the face of L'Oreal Paris.

But don't get it twisted, Blake isn't just modeling these days. The star has been working hard on her secret and still untitled lifestyle project, which is set launch later this year. Oh, and according to the 26-year-old there's "nothing like it out there." So get ready!

PHOTOS: Blake Lively's best looks

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