Francesco Risso will become creative director of the label.
More than 15,000 exuberant fans lined up overnight outside Rockefeller Center, hoping to catch a glimpse of the pop star performing live.
The Indian union cabinet agreed to allow 51 percent foreign direct investment in multibrand retail and 100 percent FDI in monobrand retail.
Thieves make off with merchandise estimated at several thousand euros.
Julianne Moore, Uma Thurman and Anna Wintour are among the prominent figures slated to headline the launch party for the public engagement initiative.