Penelope Cruz Steps Out at 'Carpisa' Event After Spring Collection Launch

Penelope Cruz just launched her latest line of handbags!

The 42-year-old actress stepped out at a photocall for Carpisa on Tuesday (May 9) at the Italian Embassy in Madrid, Spain.

Penelope and her sister Monica just launched their Spring 2017 capsule collection for the handbag brand.

The sisters have been working with the company since 2015, when they helped design their first line.

After the event, Penelope took to her Instagram to thank the brand for having her.

“Thank you #carpisa Grazie!” Penelope wrote, along with a pretty photo from the event.

FYI: Penelope is wearing a David Koma dress.