Lottie Moss and Natalia Vodianova were spotted at the packed party celebrating the 10-piece Balmain x Mytheresa collection.
To coincide with the opening of a Paris flagship in January, Balmain will return to the couture schedule in Paris.
In his prime, Galanos was known for being as close to a couturier as America had.
Camaraderie was in style as several honorees singled out other designers in the room for their contributions to the fashion industry.
Vera Wang, Olivier Rousteing, Anna Sui and Maye Musk are among this year’s honorees.
The British accessories designer has been putting the focus on experiences and consumer events.
The collection will be presented on Sept. 21 during Milan Fashion Week.
Nikola Vasari, a member of the creative collective behind the Paris-based brand, will show his first solo collection next February.
The singer will wear a series of looks from designers such as Balmain and Juan Carlos Obando.
Maye Musk will be honored at the Oct. 25 event in New York, which celebrates “Design Reimagined.”