Blake Lively at Gucci Ad Launch Party | Pictures

Blake Lively donned a Gucci mini to a party thrown last night during the Venice Film Festival. Salma Hayek greeted Blake with a hug. Salma's husband, Francois-Henri Pinault, joined the ladies for pictures as well. Francois-Henri's company owns Gucci, and he's been at the film festival with Salma for a few days, prepping for the big unveiling of Blake's new ad for Gucci's Premiere fragrance. Blake teamed up with director Nicolas Winding Refn for the short piece. Nicolas made the rounds yesterday as well, along with Gucci's creative director Frida Giannini. Blake's boyfriend, Ryan Reynolds, accompanied her on the trek to Italy, but he managed not to have his picture taken at the event. Today, though, both Blake and Ryan were seen making a hasty exit from the city at the airport.