02/07/2011 07:56 am ET | Updated May 25, 2011

Princess Letizia Steps Out In Pleather Skinny Slacks (PHOTOS, POLL)

Princess Letizia of Spain stepped out in a pair of pretty fancy pants on Friday night at the Luz Casal Concert in Madrid -- pleathery, silvery, skinny slacks. She paired them with a draped blouse, leather jacket, stiletto booties, clutch and her husband Prince Felipe, who was stylin' in a corduroy blazer and jeans.

Take a look.