penelope cruzAre you loving this laid-back, unfussy side of Penelope Cruz as much as we are? Here, at the Oscars luncheon in Hollywood, Miss Cruz tries casual chic in this fantastic head to toe designer number. While we normally see her in grandiose haute couture gowns, it's great to see that she looks just as insanely beautiful pared down. Plus it's such an easy look to copy cat and great for any body type.

And who is the designer d'jour for P? YSL of course! Come on now, who else would make such a great tailored suit for a woman?

YSL jacket, $1390; Saks

• YSL blouse; $445; Yoox

• YSL trousers, Priced upon request

• YSL peep toe pumps, $392; Bluefly