The Council of Fashion Designers of America announced nominees for this year’s awards show to be held in New York on June 7.

Donna Karan, Marc Jacobs and last year’s pick for up-and-coming talent, Alexander Wang, will compete in the womenswear category, which is considered the big competitive prize of the night.

The emerging-talent nominees in womenswear are Joseph Altuzarra, Prabal Gurung and Michelle Obama fave, Jason Wu.

In menswear, Tom Ford, will compete in the main category with Michael Bastian and Rag & Bone’s David Neville and Marcus Wainwright.  Richard Chai, Patrik Ervell and Simon Spurr were selected for the Swarovski rising-star award.

Perennial accessories designer of the year nominee Jacobs is up against Alexis Bittar and Proenza Schouler’s Jack McCollough and Lazaro Hernandez.  The designers, editors, retailers and stylists who pick nominees named Eddie Borgo, Dana Lorenz and Wang as the ones to watch in accessories.  All emerging-talent winners will receive financial support from Swarovski, the Austrian crystal company.

Michael Kors will get the lifetime achievement award, and model-turned-entrepreneur Iman is the year’s fashion icon.  The late Alexander McQueen, who died in an apparent suicide in London last month, will receive the special board of director’s honor at the industry’s annual celebrity-studded gala.

credit(s): Associated Press