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The Annual Ace Awards Gala honoring the best in accessories was held at New York's exclusive Cipriani banquet hall tonight where Jennifer Lopez was honored with the night's biggest honor, the Ace Award. Tom Ford was on hand to accept the Accessory Brand Launch Award. Celebrity stylist Rachel Zoe picked up the illustrious Fashion Influencer Award for her personal style and influence in the entertainment industry. Project Runway's own Michael Kors picked up the coveted Designer of the Year Award while Italian fashion house Fendi nabbed the Brand of the Year. Even Oprah got in there picking up the Magazine of the Year Award for 'O' magazine.
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