What to Know Ahead of Tonight's CFDA Fashion Awards

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Diane von Furstenberg at the 2016 CFDA Fashion Awards

Here's where you can watch the show live.

The CFDA Awards, hosted by the Council of Fashion Designers of America, is taking place less than a few hours from now in New York.

Ahead of this year's awards show, hosted by Seth Meyers, here's a breakdown of what to know.

The nominees:

Calvin Klein's Raf Simons, Marc Jacobs, Joseph Altuzarra, Proenza Schouler's Jack McCollough and Lazaro Hernandez and The Row's Ashley Olsen and Mary-Kate Olsen are competing for the Womenswear Designer of the Year Award. Simons is also up for Menswear Designer of the Year, along with Thom Browne, Robert Geller, Tim Coppens and Todd Snyder.

For Accessory Designer of the Year, Los Angeles-based jewelry designer Irene Neuwirth is up against minimalist handbag and shoe designers Rachel Mansur and Floriana Gavriel of Mansur Gavriel, shoe designer Paul Andrew, Stuart Vevers for Coach and the Olsens for The Row.

The nominees for Swarovski's Emerging Talent Award are Laura Kim and Fernando Garcia (nominated for their own label, Monse, not Oscar de la Renta, which they also design); Virgil Abloh of Off-White; Newport Beach, Calif.-based designers Laura Vassar Brock and Kristopher Brock of the Brock Collection; and Sander Lak of Sies Marjan. As part of the award, the designers receive financial support and crystal resources from Swarovski.

The honorees:

The evening will honor designer Kenneth Cole with the Swarovski Award for Positive Change for using his runways and advertisements as platforms to address social issues like homelessness and AIDS. The Geoffrey Beene Lifetime Achievement Award will go to Rick Owens, who got his start in L.A. but now lives and works in Paris.

Legendary makeup artist Pat McGrath will be presented with the Founder's Award, and Demna Gvasalia for Vetements and Balenciaga will be given the International Award.

The Board of Directors' Tribute will recognize Planned Parenthood president Cecile Richards, feminist icon Gloria Steinem and actress/singer Janelle Monae for "their tireless work and achievements on behalf of women, and the powerful voice each had at the historic Women’s March," according to a release. 

The Fashion Icon Award will be given posthumously to legendary Vogue Italia editor Franca Sozzani, who died in December.

The guest list:

Nicole Kidman will present the Womenswear Designer of the Year Award, while Armie Hammer will be on deck for the Menswear Designer of the Year. Kerry Washington will handle this year’s Swarovski Award for Emerging Talent, and Jon Bon Jovi will give out the Swarovski Award for Positive Change to Cole.

Karen Elson and Amber Valletta will present McGrath with the Founder’s Award, while Alek Wek will give the International Award to Gvasalia.

If the guest list is anything like last year, it'll be a starry lineup. Olivia Wilde, Lena Dunham, Kirsten Dunst, Tracee Ellis Ross, Michelle Monaghan, Zosia Mamet, Ciara and Jessica Chastain were among the stars to attend 2016's event.

How to watch:

Viewers can catch the red carpet and show on CFDA's Facebook Live broadcast. The red carpet starts at 3 p.m. PT/6 p.m. ET, and the show begins at 5:45 p.m. PT/8:45 p.m. ET. You never know who will show up — remember when Beyonce made an appearance last year?

This history:

The CFDA was founded by PR figure Eleanor Lambert in 1962, and the first CFDA Fashion Awards were held in 1980. Nominations are submitted by the Fashion Guild, a group comprised of more than 1,500 CFDA members, fashion editors, retailers and stylists. In 2006, Diane von Furstenberg was elected the group's president and Steven Kolb became executive director.

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