The Oscars of Fashion: 2010 CFDA Award Nominees

The CFDA Awards are tonight! This year's nominees run the gamut from well-established names like Marc Jacobs and Donna Karan to fresh talents like Jason Wu and Alexander Wang.

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NEW YORK - SEPTEMBER 11: A model walks the runway at the Jason Wu Spring 2010 Fashion Show at the St. Regis Hotel on September 11, 2009 in New York City. (Photo by Fernanda Calfat/Getty Images)
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Womenswear Designer of the Year: Donna Karan
A veteran with decades in the industry, this would be an incredible year for Karan to take home the top prize, since it also happens to be her 25th anniversary in the biz.
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Womenswear Designer of the Year: Marc Jacobs
Also, a well-established editor's darling, Jacobs has been at the forefront of the past few fashion weeks, most notably his game-changing, timeless Fall 2010 collection.
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Womenswear Designer of the Year: Alexander Wang
Wang is the runaway success story of the past few years, having only just won the Swarovski award from the CFDA last year (bestowed upon up-and-coming talents), and now being nominated alongside legends like Karan and Jacobs. Could the wunderkind truly pull the entire rug out from the industry?
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Menswear Designer of the Year: Michael Bastian
Bastian's sporty, clean aesthetic has won him fans from both editors and retailers.
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Menswear Designer of the Year: Tom Ford
Tom Ford, on the other hand, is more well-known for his incredibly expensive, painstakingly perfect (and sexy) suiting and shirts.
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Menswear Designer of the Year: Rag & Bone
Designers David Neville and Marcus Wainwright have a strong potential at a win in this category, since the editors love both their womenswear and menswear, and they've really curated a singular look -- hip, effortless, and decidedly downtown.
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Accessories Designer of the Year: Alexis Bittar
A longtime favorite of ours who seems rarely highlighted, Bittar's jewelry is spectacular, but he'll have stiff competition from the other nominees and their handbags.
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Accessories Designer of the Year: Proenza Schouler
Jack McCollough and Lazaro Hernandez have often (and rightly) been lauded for their womenswear, but this nomination can pretty much be solely credited to the immense appeal of their handbags in the past year, especially the PS1 and oversize clutches.
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Menswear Designer of the Year: Marc Jacobs
Marc Jacobs is really a triple threat when it comes to accessories -- not only are his handbags intensely popular, his shoes and even his chunky jewelry are just spectacular.
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Swarovski Award for Womenswear: Altuzarra
Leading off the field for one of the night's most watched awards -- designated for up-and-coming talents -- is one of the designers we caught up with during fashion week. Joseph Altuzarra first became popular among fashion editors and street style darling with his sexy, curve-hugging dresses, but is now making it up to the big leagues.
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Swarovski Award for Womenswear: Jason Wu
Jason Wu -- master of cocktail dresses and favorite of Michelle Obama -- was nominated in this category last year, but lost out to Alexander Wang. This might just be his year, even if the competition is pretty stiff. Watch our fashion week interview with Wu.
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Swarovski Award for Womenswear: Prabal Gurung
Rounding out the field of upstarts is yet another designer we had our eyes on during fashion week, and another master of the sexy dress. Gurung's cocktail frocks have gotten a lot of starlet attention this season -- we'll see if that translates into an award.
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Swarovski Award for Menswear: Richard Chai
Chai only recently introduced a line of menswear, so it's a huge achievement to be highlighted right away, though we must admit, we, too, thought the collection was a hit the instant we saw it.
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Swarovski Award for Womenswear: Simon Spurr
Spurr has made a name for himself bringing giving Savile Row tailoring a rock 'n' roll American twist, and clearly his aesthetic is starting to take off.
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Swarovski Award for Menswear: Patrik Ervell
Ervell, like Wu, was nominated in this category last year, so his chances are bolstered by this second showing, but he's got extremely stiff competition in the form of Chai.
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Swarovski Award for Accessories: Alexander Wang
It seems inconceivable that Wang could lose in this category, considering his handbags have almost singularly transformed the category since he launched the Coco duffel. We're not exaggerating. The most recent launch of shoes and now sunglasses only bolsters his chances.
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Swarovski Award for Accessories: Dana Lorenz
Going up against Wang is jewelry designer Lorenz, whose statement necklaces have made more than a few appearances on starlets and glossy covers.
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Swarovski Award for Accessories: Eddie Borgo
Rounding out the nominees is Eddie Borgo, who's known mostly for his strong, edgy jewelry -- from cuffs to rings to spiky necklaces.
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The Geoffrey Beene Lifetime Achievement Award: Michael Kors
Considering Kors' strong track record both on the runways and on TV on Project Runway, it seemed inevitable that the CFDA would honor him with a lifetime achievement award.
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The International Award: Christopher Bailey for Burberry
Bailey's work for Burberry has virtually transformed the label from a trench coat purveyor into the kind of brand that young, stylish stars and street style subjects would wear.
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The Fashion Icon Award: Iman
She's not only a supermodel, she's a role model and an activist. We expect a passionate speech about how folks can change the world once this beauty accepts her prize.
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The Eugenia Sheppard Award: Kim Hastreiter
This year, the award given in name of the woman who transformed the idea of fashion reporting is given to Kim Hastreiter for her work on Paper Magazine.
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The Eleanor Lambert Award: Tonne Goodman
This year, Tonne Goodman of Vogue will accept the award given in honor of "The Empress of Seventh Avenue," who turned the American fashion industry into what it is today.
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Board of Director's Special Tribute: Alexander McQueen
Everyone expected the CFDA Awards to include some manner of tribute to Alexander McQueen, considering the designer's spectacular genius and untimely death. Likely, there'll be a lot of waterworks and more than a few stylish dames wearing the designer's dresses to the event.
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