NEW YORK, Jun 26, 2012/ — Francisco Costa and Italo Zucchelli have been feted for their design prowess by the CFDA. Now, the Accessories Council Excellence (ACE) has named Creative Directors Francisco Costa, Italo Zucchelli and Ulrich Grimm “Designer of the Year.”

Launched in 1995, the ACE Awards were created to pay homage to those individuals and groups that have made great strides in raising the awareness of the accessories industry. The ACE Awards highlight individuals and brands that have made a significant contribution to the accessories industry.

This year, Calvin Klein Collection’s Francisco Costa (Women’s Creative Director), Italo Zucchelli (Men’s Creative Director) and Ulrich Grimm (Men’s & Women’s Shoes & Accessories Creative Director) will receive the Designer of the Year Award. Calvin Klein Collection is known around the world for its modern, sophisticated and timeless designs.

The brand’s women’s and men’s ready-to-wear collections, designed by Mr. Costa and Mr. Zucchelli respectively, set the tone and direction for the overall brand and its complementing shoes and accessories, overseen by Mr. Grimm. This marks the first time the Designer of the Year Award will be presented to three designers from one brand.

Other honorees announced thus far for the 2012 ACE Awards Gala include Constance White (Mary Lou Luther Award for Fashion Journalism), Theodora & Callum (Brand Launch), C. Wonder (Speciality Retailer), Stella + Dot (Retail Innovation) and Vince Camuto (Visionary Award).

“We are excited for this year’s honorees and ceremony. These brands and the people behind them have been industry leaders and set the tone for the growth of accessories as a whole,” remarked Accessories Council President, Karen Giberson.

Tickets and tables for the 2012 ACE Awards Gala are currently available for $1,000 per person or $10,000 for a table of ten for Accessories Council members ($1,500 per person and $15,000 per table for non-members).

Tickets can be purchased by calling the Accessories Council at 212.947.1135 or e-mailing info@accessoriescouncil.org.

The 15th annual Accessories Council Excellence (ACE) Awards Gala will be held on Monday, November 5th, at Cipriani 42nd Street in New York City.

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