The designer is to show his debut collection for the French house in Paris.
Market sources say Versace is working on an expansion plan ahead of the listing and that its has recently held discussions with Tisci.
The collection features co-branded items ranging from denim and camouflage jackets to three styles of handbags.
The event drew a host of New York social fixtures to Lincoln Center on Monday night.
Improved retail sales and appealing fall trends are expected to boost business at the upcoming Dallas Market Center.
A source reports a deal was reached to sell J. Jill within the past week although the identity of the buyer could not be learned.