The mass-market beauty company had $96.8 million in sales for the first half of 2016.
Rights groups applaud the decision as a victory for individual and religious freedom.
The designer and the Parsons Board of Governors chair will be recognized for their significant contributions to the school.
The event featured a private preview of the upcoming blockbuster auction of Elizabeth Taylor’s jewels, fashions and artwork.
The magazine has asked seven designers to each make a short film looking at the concept of style.
With the taping of the $12 million runway extravaganza just a few days away, WWD took a behind-the-scenes look at the barely there creations in the works.
Partners plan to unveil the first collection to the trade in January for fall 2012 retailing.