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The Accessories Council wants its party tonight at Cipriani 42nd Street in Manhattan to be about paying homage to the winners of the organization’s annual Accessories Council Excellence awards.

But the New York-based industry advocate group will also be lauding itself. This will be the event’s 10th anniversary and the guest list promises to deliver a fitting celebration.

Nancy O’Dell of “Access Hollywood” will emcee the event, featuring honorees such as Jennifer Lopez, Tom Ford and Michael Kors; presenters including Naomi Watts, Zac Posen, Narciso Rodriguez, Zoe R. Cassavetes and Carson Kressley, and some 650 other guests.

“We’re sold out,” said Karen Giberson, president of the Accessories Council. “It turned out to be the hot ticket in town. We’ve been going through the guest list and it’s such an impressive group of people, from celebrities to designers, retailers, editors and models. Especially because it is the 10th anniversary, it’s great knowing we are going to have a full room.”

Lopez is to take home the ACE Award, while Kors is getting Designer of the Year. Ford will be cited for Accessory Brand Launch, Fendi for Brand of the Year and Coach for Fashion Innovator. Retailers Bergdorf Goodman and Solstice Sunglass Boutique also will receive prizes for Retailer of the Year and Specialty Store of the Year, respectively.

Other winners include Rachel Zoe for Fashion Icon and O, The Oprah Magazine for Magazine of the Year. Suzy Menkes, fashion editor of the International Herald Tribune, will receive the Marylou Luther Journalism Award.

“It’s not hard to come up with nominees,” Giberson said. “There’s a lot of really exciting stuff happening in accessories. But there is a lot of passion among the board over who should win.”

Giberson said the Accessories Council started out with some 60 names before whittling down the list to the final 10. To make the honors even more special as it enters its second decade, the council worked with the accessories firm Leiber to create a new award design. It is a large crystal minaudière with a sterling silver plaque on the inside.

“The Oscar is an Oscar and an Emmy is an Emmy, and we needed a special ACE award,” Giberson said. “It’s a nice, substantial, heavy piece that can sit on a desk or shelf.”

This story first appeared in the October 30, 2006 issue of WWD.  Subscribe Today.

Giberson said although the 10th anniversary has made her nostalgic, she’s looking forward to the future.

“In 10 years, the industry has changed a lot,” Giberson said. “Even when we were looking over the last year for an introductory video that we will show tonight, we realized we did a lot. But for me, it’s just the beginning of great things to come.”

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