Blake Lively stuns in nude dress on red carpet in Cannes

NOW this is a naked dress. Blake Lively has turned heads in a see-through Versace gown at the star-studded opening of the Cannes Film Festival.

The former Gossip Girl actor, 28 — who is rumoured to be pregnant with baby No. 2 — walked the red carpet at the Palais des Festivals et des Congrès for a screening of her new movie, Cafe Society.

The floor-length metallic frock featured strategically-placed sheer panels which showed off Lively’s signature curves, before spilling out into a floor-length train.

The mother to daughter James, one, wore her famous blonde locks out with her trademark side-part and red carpet-worthy waves.

But Lively’s date for the VVVIP screening wasn’t her husband, Deadpool actor Ryan Reynolds — she took designer Christian Louboutin, and sported a pair of his strappy heels.

Lively’s co-stars Kristen Stewart, Jesse Eisenberg and Corey Stoll joined her on the red carpet, along with Cafe Society director, Woody Allen.

Stewart — who recently split from her girlfriend, singer Soko and has been linked to Victoria’s Secret model Stella Maxwell — wore a sheer Chanel shirt, teamed with midi-length A-line Chanel skirt.

The Cannes Film Festival is known for its daring red carpet style, with Victoria Beckham, Naomi Watts, Eva Longoria, Julianne Moore, Justin Timberlake, Bella Hadid and Vanessa Paradis among the well-heeled set at the opening ceremony.

The 69th annual Cannes Film Festival continues.