Gwyneth Paltrow joins designer Derek Lam at the Tods & Baby Buggy Summer Luncheon on Friday in Amagansett, New York.
The 35-year-old Iron Man actress was white hot in Mary-Kate and Ashely Olsen’s Elizabeth & James line. Gwyn finished off her look with Tod’s Plateau Sasha Crisscross Sandals and simple gold necklace/earrings.

The girl's got guts!!

Love the shoes

Can't she wear something...longer???

she ran out the house and forgot to put her dress on.

Is that her actual bare butt cheek hanging out? I had always pegged her as a bit classier than that. Short shorts can be tricky and hers are too short by at least two inches.

Haha look at Jerry wearing the exact same outfit from when he was on Seinfeld.

I don't care how great her body is. This is just tacky... for a grown woman to leave the house with her arse hanging out. It's scary to think her daughter looks to her as a role model.

Originally Posted by la miss

Haha look at Jerry wearing the exact same outfit from when he was on Seinfeld.

At least he's not wearing sneakers!! And his butt cheeks are covered!

LOL where is the rest of her outfit?

Now, who looks classier, the woman in the little black dress with jeweled flat sandals, or the one wearing hot pants with ridiculously high heels (that are gorgeous, but not with that outfit at that occasion)?

Oh dear. I can't believe my eyes. Gwyneth was always one of the classiest women in Hollywood.

Wow, that's part of the Mary Kate and Ashley line? It's probably the undergarment line then.

She's an adult, right? She knew she would have her photo taken? Hangin' out with Madonna a tad too much?

Here are some other pictures of her in minis. I noticed that of late, she has always been sporting really short dresses.

I Chris Martin...

My DD wore a onesie to bed tonight that looked just like that!

Ya......that's really clASSy. She's wearing shorts with her rear hanging out and a see through tee I wouldn't let my DH wear as an undershirt.