Video: The Spanish royal family attended a lunch for the Cervantes Award. Letizia wore a black and white Felipe Varela dress with beaded detail on the skirt.
Here's something I don't get to say very often: the nude shoe is an interesting choice. Most would have gone with a straight black pump. (Me, a Shoe Person, would have gone for something with a little more interest all around, but I can't argue with this.) Another interesting detail: this isn't a skirt plus a top, it's a dress, as you can see clearly in the video above. Which might have pushed me from the Like category into the Ehhhh...Maybe Not category. Your verdict?
Photos: Pool/Getty/Felipe Varela