The incoming First Lady wore a pale blue cashmere ensemble.
The candlelight dinner will be held tonight at Union Station.
Market sources say Versace is working on an expansion plan ahead of the listing and that its has recently held discussions with Tisci.
The brand said Thursday it will continue to open as many as 10 stores in Mainland China each year, in line with its original strategy.
She’ll work with creative director Stephen Gan, her collaborator on Fashion Book, on several stories a year.
Blake Lively, Elle Fanning, January Jones and Diane Kruger attended the event.
The brand that launched online first is building its retail business.