Armani Arts Institute

The glitterati must have thrown away the memo from the doom-and-gloom leader of the Free World, President Barack Obama, advising them of the global economic crisis. They showed up Tuesday night for the opening of Giorgio Armani’s new 43,000 square-foot flagship store on Fifth Avenue in Manhattan.

The celebration was a scaled back affair. (Maybe Mr. Armani did get the memo.) No caviar was served at this party. The guests endured filet mignon and roasted chicken. No one has come forward to reveal whether any of the victuals actually touched the lips of aspiring fashion designer Victoria Beckham, who showed up coatless in a mini-dress.

Of course Posh Spice’s husband David Beckham was also there. So was New York Mayor Michael Bloomberg, Alicia Keys, Ricky Martin, Mira Sorvino, Liam Neeson, Josh Hartnett, Leonardo DiCaprio, John Mayer and Gossip Girl star Chace Crawford.

In conjunction with the opening of the store, Mr. Armani announced a new initiative called the Armani Arts Institute. The famous Italian designer has donated $1 million through this initiative to fund the arts in New York public schools. The money will be channeled through the Fund for Public Schools. Caroline Kennedy, who attended this event, is the fund’s vice chair.

See Also:
Victoria Beckham, Leonardo DiCaprio among celebs at Armani Fashion Week party [Miami Herald; February 18, 2009]
Beckham, Mayer, DiCaprio celebrate Giorgio Armani [AP; February 18, 2009]
Giorgio Armani gives $1M for arts in NYC schools [AP; February 17, 2009]