Cruz aims for (and achieves!) old Hollywood glamour at the Met Costume Gala with soft curls and a sweeping Oscar de la Renta gown.
The lovely actress and new mom sparkles on the Oscars' red carpet in this L'Wren Scott dress. Cruz came out to support her hubby, Javier Bardem, who was nominated for an Academy Award for his role in Biutiful.
The Best Supporting Actress nom arrives at the 2010 Oscars in a beautiful burgundy strapless Donna Karan gown.
Cruz is stunning on the blue carpet at the 2010 Goya Awards in a sleek ivory strapless Versace gown.
It's all about Calvin Klein minimalism—Penélope is sleek and sophisticated in a fitted, one-shoulder sheath and white coat at an L.A. party hosted by the brand.
P.Cruz keeps it simple 'n' sexy at the 2010 SAGs, showing off the girls in a bedazzled L'Wren Scott dress paired with satin Dana Davis peep toes.
At the 2010 Golden Globes, the Spanish beauty—who holds her own umbrella, thankyouverymuch—is all curves in an Armani Privé off-the-shoulder gown topped with lace and ending in a mermaid tail.
Hot damn! Penélope's draped satin Chanel Couture gown at the Nine premiere in Manhattan is one helluva showstopper.
Sharing the Nine red carpet with other A-listers like Nicole Kidman and Marion Cotillard could be daunting for some, but Pen effortlessly holds her own in an elegant beaded Ralph Lauren gown.
At the Broken Embraces Berlin premiere, gorgeous Penélope graces the red carpet in a draped, forest green Hervé L. Leroux gown and minimal bling.
Though her luggage got lost en route to the U.K. premiere of Broken Embraces, Pen smartly packed this red Bottega Veneta '80s-style power suit in her carry-on.
At the Cannes Film Festival to promote Broken Embraces, Penélope seemingly glides across the carpet in an ethereal lilac gown by Marchesa.
This strapless Dolce & Gabbana frock and matching nude peep-toes are classic 'n' sexy on the Spanish star, who's at a Cannes photo call.
At the 2009 Academy Awards, Penélope picks up her Best Supporting Actress award in a vintage cream Balmain confection.
At the 2009 SAG Awards in Los Angeles, Penélope shows off her curves in a full-length black Azzedine Alaïa halter gown.
Penélope gets glamorous for the Goya Cinema Awards in a lace Chanel dress and Chopard earrings.
The 2009 BAFTA Awards in London has the talented actress in another figure-hugging black Azzedine Alaïa dress, accessorized with Chopard jewels.
Penélope dazzles on the red carpet at the 2009 Golden Globes in stripey and sparkly Armani Privé.
Penélope dons a royal-blue strapless Yves Saint Laurent dress to the Critics' Choice Awards.
The Oscar winner opts for another Oscar—de la Renta, that is—at the New York Film Critics Circle Awards.
The Spanish beauty wears a navy Hervé L. Leroux gown to the Los Angeles premiere of Vicky Cristina Barcelona.