Vogue Paris is reporting that Penelope Cruz has become a jewelry designer and her new line will launch in July. She will be designing her collection from the point of view of a celebrity with more of that red carpet feel. This is her first jewelry collection and she is working in collaborating with Atelier Swarovski on a first ever eco-friendly jewelry line where the diamonds, sapphires, rubies and emeralds used to create the collection will be coming from a man-made laboratory.