NY Mag’s The Cut reported that Nicola Formichetti is in fact launching his own line in correlation with the opening of his new pop-up shop, in Tribeca, and NYFW S/S 2012. The opening of the store will be Septmeber 8th, 2011. The shop will sell everything from his own jewelry line to tee shirts and hoodies to iPad and iPhone cases — all of which he promises will be affordable, as well as Mugler runway pieces which certainly won’t fit in the affordable category. Besides the psychedelic appearance of the shop, Formichetti has told The Cut that he wants his friend Rico to manage the shop. You may remember Rico from the last Mugler campaign (pictured below).