The film’s female-led cast assembled at Lincoln Center Tuesday night for the world premiere.
The actress has become the brand’s first global beauty ambassador.
Women will outnumber men on the jury, headed by Australian actress Cate Blanchett.
The designer will resume runway shows during Paris Couture Week showcasing his men’s designs alongside his women’s pre-fall collections.
The Australian actress and Giorgio Armani ambassador succeeds Spanish director Pedro Almodóvar in the role.
Cate Blanchett, Elle Fanning, Zendaya, Pierpaolo Piccioli, Petra Flannery, Harry Josh, Hung Vanngo and Lovato were this year’s honorees.
Guests included Cate Blanchett, Julianne Moore, Ruth Negga, Alicia Vikander and Will Smith, who performed with his son Jaden.
The actress and fashion designer have both made the monarch’s 2017 Birthday Honors List.
Cate Blanchett, Jennifer Aniston, Justin Theroux and Catherine Deneuve were among the guests at the dinner in the Louvre museum.
The awards recognized women who have worked to better women’s lives globally.