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Gwyneth sets the style standard on the red carpet in Cannes

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With her latest blockbuster Iron Man premiering all around the world, Gwyneth Paltrow has been reigning as queen of the red carpets recently.

And on Monday night the 35-year-old beauty continued to earn her title as dressed in a midnight blue gown from Chanel's Resort collection and accompanied by legendary designer Valentino, she attended the Cannes premiere of new drama flick Two Lovers - in which she stars opposite Joaquin Phoenix.

Hip hop billionaire, P Diddy - aka Sean Combs - also enjoyed the special screening, at which Gwyneth, her co-star Vinessa Shaw and director James Gray received a five-minute standing ovation.

Earlier the actress had slipped into an ice-white asymmetric Lanvin creation, complete with a striking pair of gladiator heels, to hit another red carpet at the Chopard Trophy Awards party.

Like stylish Gwyneth, Eva Herzigova also attended the bash in a white gown, detailed with a train and silver sequinned trim. Swept-up hair, drop earrings and red lipstick completed the glam look.

Channelling the train trend too was Christina Ricci, who showed off her enviable figure in a fitted Bottega black gown. Kristin Scott Thomas opted for a similar look in her royal blue Lanvin trapeze dress.

And loved-up couple Adrian Brody and Spanish actress Elsa Pataky caught up with The Untouchables star Andy Garcia before the talented actor picked up a pair of conga drums to provide further entertainment for the gathered guests.

Photo: © Alphapress.com
Accompanied by Valentino to the premiere of her latest venture, Two Lovers, Gwyneth once again showed her sartorial credentials in a plunge-neck satin gown from Chanel's latest collection Photo: © Getty Imagesy
Photo: © Alphapress.com
With shoes featuring as an important part of Gwyneth's new red-carpet look, the actress stepped out in a pair of gladiator heels to attend the Chopard party earlier in the evening with director Spike Lee Photo: © Getty Images
Photo: © Alphapress.com
Czech model Eva Herzigova went for classic glamour in her plunge-neck white gown Photo: © Getty Images