Lagerfeld likely will join Lauren in dressing the incoming First Lady.
In naming Reed Krakoff to lead its design, Tiffany could be hedging its bets on a category already laden with Millennial upstart brands.
Under ceo Fabian Garcia, Revlon plans to grow into a $5 billion company in five years.
The designer took the stage at an event at the Apple Store on Monday night.
Trade associations say high duties are an impediment to reform.
The designer will showcase her spring collection at the May 6 luncheon, which will benefit the Samuel Waxman Cancer Research Foundation.
The designer has created the costumes for “Le Palais de Cristal,” a ballet by George Balanchine first created in 1947, which is being reprised in May.