Penelope Cruz wore 18-carat white gold, diamond and ruby earrings from her new sustainable fine jewelry collection with Atelier Swarovski, which will be unveiled in July.

The traditional red carpet at the Palais des Festivals in Cannes is all about glamorous gowns, polished hair and makeup, and standout jewellery. This is the time for luxury jewellery firms to decorate the necks, hands and ears of some of the most beautiful women on the planet. Let's take a look at the spectacular jewellery seen so far at the 71st Cannes Film Festival.

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Photo 1 of 8 Jury president Cate Blanchett wore orchid-shaped earrings from Chopard’s Red Carpet Collection for the first red carpet at the 71st Cannes Film Festival.
Photo 2 of 8 French actress Alice Taglioni wore Akillis Paris jewelry at the opening ceremony which coordinated perfectly with her asymmetric hairstyle.
Photo 3 of 8 Kristen Stewart entrusted Chanel with her makeup, outfit and jewelry. She wore a brooch in the shape of a lion, Gabrielle Chanel’s favorite animal. Cannes, May 8, 2018.
Photo 4 of 8 Chiara Mastroianni accessorized her Saint Laurent dress with Bulgari Serpenti yellow gold, diamond and emerald earrings.
Photo 5 of 8 French actress Leïla Bekhti walked the red carpet in a black dress, accessorized with Boucheron 'Gouttes' pendant earrings made of rock crystal, white gold and diamonds.
Photo 6 of 8 Beautifully coordinated with Léa Seydoux’s dress, Boucheron’s 'Lierre de Paris' asymmetric diamond and white gold pendant earrings lit up the red carpet.
Photo 7 of 8 Julianne Moore opted for a pair of gold and diamond pendant earrings by Chopard.
Photo 8 of 8 Penelope Cruz wore 18-carat white gold, diamond and ruby earrings from her new sustainable fine jewelry collection with Atelier Swarovski, which will be unveiled in July.