Cannes Film Festival 2012: Jane Fonda, Diane Kruger, Naomi Watts, Berenice Bejo and Cheryl Cole Dress to Impress, Best Dressed Celebs so Far [SLIDESHOW]

The red carpet at the Cannes Film Festival is generally acknowledged as one of the most fashionable spots in the world. Fashion trends and style statements are as much a part of an evening's entertainment at the famous town in France as films and art are.

The 65th edition, which began on 16 May, started with long, floor-length sweeping gowns as the order of the day. While that trend continues, it is interesting to note the many variations in colour and plumage that each celebrity sports. From the dazzling golden Atelier Versace that 74 year old star Jane Fonda sported on the first day to the colourful range of dresses Mistress of Ceremonies Berenice Bejo has shown off, the red carpet has been, as ever, absolutely the place to be.

On days four and five, the stars of fashion were British singer Cheryl Cole in a white and red Stephane Rolland Couture gown and French actress Isabella Huppert, who was also present for the screening of her film Armour. Huppert looked like she had stepped out of a fairy tale, dressed as she was in a brown silk outfit.

We remember that Spanish actress Paz Vega tried something similar to Cole on the third day - she came in a white dress with a black tail. However, that had a more formal look about it. Also striking was Lily Cole, who was there for her film Confession of a Child of the Century, in a blue gown with a thigh-high split and a black fur coat.

Bejo, meanwhile, came in a coral and sea foam pleated gown with a bodice decorated with floral embroidery, a multi-coloured number that was extremely pleasing to the eyes. Actress Delphine Chaneac wore a pretty ballerina-like number, with spiky stilettos and flowers on the dress' body. Hollywood actress Naomi Watts was also in attendance and arrived attired in a rather regal manner, with a skin-coloured gown.

However, the truly standout dress of the event so far, we feel, must be the one Jane Fonda wore (not the Atelier Versace, though). We refer to the Stella McCartney black and white gown that literally created illusions of space, or the lack of it, before your eyes; an outfit that will certainly not be forgotten.

Check out a slideshow of some of the most fashionable and stunning dresses from Cannes so far...