Lady Gaga: Opening 2011 MTV VMAs!

Lady Gaga blows a kiss to her fans as she leaves her hotel and heads to MTV Studios on Thursday (August 18) in New York City.

The 26-year-old entertainer wore a huge fluffy hat and a dress, briefs, and collar from Louis Vuitton‘s fall/winter collection.

PHOTOS: Check out the latest pics of Lady Gaga

Earlier in the week, Gaga released her latest video, “You & I”!

On Thursday night, MTV confirmed that Gaga will be opening the 2011 VMAs – the show will air live from the Nokia Theatre L.A. on Sunday, August 28!

Later in the evening, Gaga attended Beyonce‘s concert at the Roseland Ballroom.

FYI: Gaga and Bey both have Coty fragrances – Beyonce has Heat, Heat Rush, and Pulse, while Gaga will be coming out with Monster soon!