2012 CFDA Award Winners

Womenswear Designers of the Year Ashley and Mary-Kate Olsen, with Geoffrey Beene Lifetime Achievement Award Winner Tommy Hilfiger. Photo Courtesy of Kevin Mazur/WireImage.

This year’s CFDA Awards marked the 50th Anniversary of the Council of Fashion Designers of America, and they certainly celebrated in style. The evening began with a fashion show highlighting iconic pieces from many of the CFDA’s 400-plus members. Comedic relief was provided by the evening’s host, Seth Meyers, who even poked fun at Marc JacobsMet Gala ensemble. Who ever said the fashion industry couldn’t laugh at themselves?

Paper Magazine dubbed the evening “the SAG Awards of fashion,” and we have to agree – it’s a wonderful evening of fashion insiders celebrating the work of their peers. Below is a complete list of winners, and be sure to catch the digital broadcast at it’s new time, 5:00 PM EST / 2:00 PM PST, on Style.com!

Womenswear Designer of the Year
Mary-Kate and Ashley Olsen for The Row

Menswear Designer of the Year
Billy Reid

Accessory Designer of the Year
Reed Krakoff

Follow the jump to read more!

Swarovski Award for Emerging Talent in Womenswear 
Joseph Altuzarra

Swarovski Award for Emerging Talent in Menswear
Phillip Lim 

Swarovski Award for Emerging Talent in Accessory Design
Tabitha Simmons

Eugenia Sheppard Media Award Winners
Garance Doré and Scott Schuman

Eleanor Lambert Founders Award Winner
Andrew Rosen

International Award Winner
Rei Kawakubo for Comme des Garçons

Fashion Icon Award Winner
Johnny Depp

Geoffrey Beene Lifetime Achievement Award
Tommy Hilfiger