It’s the moment we’ve all been waiting for! Late last week, CFDA board meeting at Bleecker Street offices announced, the nominees and honourees for the 2017 CFDA Fashion Awards, for the 16th year, were unveiled at Ramscale Studios to culminate into the big event to take place on June 5 in New York.

Womenswear Designer of the Year: Raf Simons for Calvin Klein, Lazaro Hernandez and Jack Mccollough for ProenzaSchouler, Marc Jacobs, Mary-Kate and Ashely Olsen for The Row.

The Menswear Designer of the Year Award nominees are Raf Simons for Calvin Klein, Robert Geller, Thom Browne, Tim Coppens, and Todd Snyder.

For the Accessory Designer of the Year Award, the nominees are Stuart Vevers for Coach, Irene Neuwirth, Rachel Mansur and FlorianaGavriel for Mansur Gavriel, Paul Andrew, and Ashley Olsen and Mary-Kate Olsen for The Row

This year’s Awards feature a unified Swarovski Award for Emerging Talent that applies to womenswear, menswear and accessory design, as well as new Swarovski Award for Positive Change, which honors an individual in the U.S. fashion industry who has made a positive impact on American communities and has improved the welfare of others.

Laura Vassar Brock and Kristopher Brock for Brock Collection, Gabriela Hearst, Laura Kim and Fernando Garcia for Monse, Virgil Abloh for Off-White, and Sander Lak for SiesMarjan have been nominated for the Swarovski Award for Emerging Talent.

The International Award, given for a designer’s creative contribution to the international fashion stage, will be presented to DemnaGvasalia for Vetements and Balenciaga.