Top on the list is Kenneth Cole, renowned American designer and humanitarian and the Chief Executive Officer and Chairman of Kenneth Cole Productions who received the Lifetime Achievement Award for his great influence and longevity in the industry.

Cole who is also known to his thoughtful yet funny quotes, had once said, "We may not heel the world, but we hope to be an accessory."

Running true to form, the current AMFAR Chairman, during his acceptance speech showed his concern about the worldwide HIV/AIDS epidemic, but spiced it up with humor by saying, "Fashion is not all that important. But if we make what we do bigger than it is or bigger than ourselves, it becomes important."

Betsey Johnson who received the Lifetime Achievement Award was full of life as usual, saying humorously as she was accepting her award, “It's only taken 40 years to get there!"

ACE Designer of the Year Oscar De La Renta arrived with fellow honoree Jessica Simpson who received the Fashion Icon Award.

Resplendent in her Oscar De La Renta gown and armed with her beautiful smile, Simpson is a natural fit for the Fashion Icon Award.

Elegant when wearing gowns while Pretty Hot And Tempting in denim as proven by the blockbuster movie, Dukes of Hazzards where she played Red Engine jeans-clad Daisy Duke, transcends the age gap, and has become an aspirational idol for tweens, teens, twenty-somethings and thirty-somethings.

Neimanmarcus.com was named Retailer of the Year; Teri Agins of The Wall Street Journal was honored with Fashion Journalist; Juicy Couture was chosen as the Accessory Brand Launch of the Year, Sean ‘Diddy’ Combs as Fashion Influencer of the Year and the Olsen Twins, Mary-Kate and Ashley were given the Excellence Award.