Blake Lively: Gucci Premiere Launch with Salma Hayek!

Blake Lively hugs her Savages co-star Salma Hayek while attending the Gucci Premiere Fragrance Launch at Hotel Cipriani on Saturday (September 1) in Venice, Italy.

The 25-year-old actress is in town for the 2012 Venice Film Festival with her boyfriend Ryan Reynolds. The couple arrived the day before and made separate exits out of their car.

Blake was also joined at the event by Nicholas Winding Refn, who directed her commercial for the fragrance, which was released last month.

Earlier in the day, Salma and her husband Francois-Henri Pinault took their daughter Valentina to check out the “La Voce Delle Immagini” Exhibition at the Palazzo Grassi.

FYI: Blake is wearing a Gucci dress.

10+ pictures inside of Blake Lively and Salma Hayek at the Gucci event…