Princess Chiara of Bourbon-Two Sicilies, who was rumored to be dating the future Danish king, wows in a sheer cover-up and vibrant dress as she joins her sister at the Elie Saab show during the Paris Fashion Week

Princess Chiara of Bourbon-Two Sicilies provided a stylish presentation during the Paris Fashion Week on Wednesday afternoon.

The Italian heiress, 19, who quashed rumors last year that she was dating the future king of Denmark, wowed in a stunning halterneck dress at the Elie Saab Haute Couture Spring/Summer 2024 show.

She was joined by her sister, 20-year-old Princess Carolina, as the two posed back to back to show their close bond at the star-studded event, which was also attended by the likes of Jennifer Lopez and Sabrina Elba.

The heiress' father, Prince Carlo, Duke of Castro, 60, has a claim to the now-defunct throne of the former House of Bourbon-Two Sicilies.

Chiara was romantically involved with 18-year-old Prince Christian of Denmark, the son of King Frederick

Looking typically stunning, Chiara turned heads by adding a flowing moss green cape to her ensemble, which fell elegantly over her shoulders but flowed around her as she twirled.

The blonde beauty opted for a radiant makeup palette to match her dress, with baby pink eyeshadow and matching lipstick to complete her look.

The beautiful sisters were almost style-matched – Carolina also opted for a halter neckline, but in deep turquoise – and similarly matched her blue eyeshadow to her dress.

Carolina pulled her glossy locks up into a high bun, leaving one strand loosely curled to frame her face. She paired her look with a glittering clutch and sparkling earrings.

Last night the stylish family attended Giorgio Armani's show, with Princess Chiara turning heads in a statement suit with scarlet polka dots, while Carolina put on a stylish display in a black dress with dainty straps.

Rumors that Chiara and Christian were close started when the two were pictured together at the Monaco Grand Prix last year.

Chiara was joined by her sister, 20-year-old Princess Carolina, as the two posed back to back to show their close bond

Rumors that Princess Maria Chiara di Borbone delle Due Sicilie was dating Prince Christian emerged after they were photographed side by side at the Monaco Grand Prix in May (pictured)

The Italian heiress, 19, who last year quashed rumors she was dating the future king of Denmark, wowed in a stunning halterneck dress at the Elie Saab Haute Couture Spring/Summer 2024 show

She showed off the sheer cape as she posed for photos with her sister, adding glamor to her look

Looking typically stunning, Chiara turned heads by adding a flowing moss green cape to her ensemble

The beautiful sisters almost matched in style – Carolina also opted for a halter neckline, but in deep turquoise

Ultimately, Chiara took to Instagram and seemed to dismiss the speculation, saying, “While we all enjoy dreaming fairy tales, reality is all that really matters.” Meanwhile, the Danish royal family remained quiet about the speculation.

Chiara told Italian newspaper Corriere: 'We have known each other since we were little, my father Carlo is godfather to his younger sister.'

But it was her hint that she “hoped to meet Queen Margrethe soon” that accelerated the engagement rumors.

Her father Prince Carlo lays claim to the now-defunct throne of the former House of Bourbon-Two Sicilies, a cadet branch of the Spanish royal family. While her mother, Duchess Camilla, is the daughter of Italian industry magnate Camilla Crociani.

The blonde beauty opted for a radiant makeup palette to match her dress

The sisters opted for makeup to match their dresses, with Chiara opting for pink eyeshadow and Carolina for blue

The sisters are in Paris for fashion week and will attend the Elie Saab Haute Couture Spring/Summer 2024 show tonight

Chiara and her older sister enjoy a life of luxury, spending their time between Italy, Monaco, Paris and Saint-Tropez, soaking up the sun, wearing designer labels and making the most of their family's wealth.

They are also actively involved in charity work and are in contact with Europe's most elite socialites, who speak fluent English, French and Italian.

The two princesses regularly share photos of their glamorous lifestyle on Instagram, posting photos from destinations around the world, from Paris to Dubai and New York.

Because Chiara is the younger sibling, she will not inherit her father's title and duties, or his claim to be head of the House of Bourbon-Two Sicilies; they will go to the older sister Maria Carolina, Duchess of Calabria and of Palermo (or Carolina for short).