COLOR CHART: Color runs riot through the Giambattista Valli for Seven for All Mankind capsule collection — even on forever-in-black retailer Carla Sozzani, who hosted a cocktail for the collaboration Friday night at her Corso Como 10 fashion emporium.

“I never wear colors — I did it to honor him, but in my own way,” Sozzani said, noting she and Valli go back to his Krizia days in the Nineties. “When he called and asked to launch the collection here, I said, ‘Of course!”

Valli, in a dark-rinse denim jacket and black jeans, greeted friends such as Margherita Missoni.

The collection includes seven pairs of high-waist, skinny jeans and complimentary T-shirts in bright shades evocative of ripe, summer fruit. Valli said he was inspired by denim-clad divas of yore such as Diana Ross at Studio 54, Farrah Fawcett and Brooke Shields in her Calvin Klein days. He likened the denim’s texture to ” fresh lipstick on canvas.” (Coincidentally, this summer, he launches a MAC Cosmetics collection of five intense lipstick shades.)

The made-in-Italy collection soon hits Seven for All Mankind, with a second delivery slated for May.

Next week, Valli shows his signature line and Moncler Gamme Rouge in Paris.

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