By  on July 20, 2007

IBIZA, Spain — Mango, Spain's purveyor of fast fashion, tossed quite a party Monday night to launch the Penelope and Monica Cruz fall-winter debut collection.

The line is not a typical celebrity-name-only project, Penelope Cruz insisted. "It's very us and our taste and inspired by what we have in our closets.'' she said. "We are not professional designers, that's true, but we're involved and connected to the fashion world."

The setting was fairy-tale stuff — an alfresco lounge-bar and restaurant in the tropical gardens of Ibiza's Hotel Atzaro. Dinner didn't get under way until after 11 — not late by island-party standards, but some of the 30 or so fashion editors from as far away as Canada and the Philippines seemed to be nodding off before finishing their citrus-laced lobster salad.

The Cruz sisters, both in black strapless Mango dresses, sat at the head table with company founder and president Isaac Andic, general manager Enric Casi, Eugenia Martinez de Irujo, the Duchess of Montoro, and Monica Cruz's current squeeze, Paolo Antonini, an Italian stuntman. Other guests included Pierre Casraghi, Princess Caroline of Monaco's youngest son. Cornelia Guest, who had said she was looking forward to the Ibiza party, was a no-show.

By 1 a.m., Penelope and Monica had packed it in but the party moved on to Pacha, the oldest disco club on the island, until 7:30-ish, insiders said.

The capsule line of 31 pieces was displayed on mannequins at the garden's entrance. It featured denim variations, including high-waisted and second-skin pants with wide-cuff effects, fake fur tops and jackets, shapely pintucked shirts, a shearling vest, shift and pouf dresses, shorts, plaid, a few black party frocks and, in general, lots of vintage references.

The sisters have been designing handbags and jewelry for three years for Japanese retail chain Samantha Thavasa.

Creative input was "half-and-half and we don't need words to understand each other,'' Penelope Cruz said. "We're pina [glued-at-the-hip]."

Monica Cruz said she has shopped at Mango for years. "The collection has lots of variety, for customers aged 16 to 40 working women — and I can't wait to wear it."The line will hit selected Mango locations in September, a spokeswoman said. First-year sales projections were not available. The design duo revealed they are working on the Barcelona-based label's spring-summer 2008 line.

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