Today the Accessories Council announced the honorees for the 18th annual Accessories Council Excellence (ACE) Awards, and some of our favorite designers, brands, and individuals are receiving big accolades for their accessory achievements.

The ACE Awards recognizes those who have significantly contributed and impacted the world of accessories, and 2014’s long list of honorees includes Kate Spade New York (for Brand of the Year), Proenza Schouler (for Designer of the Year), Google Glass (for Fashion and Technology), Oliver Peoples (for Business Visionary), Bulgari (for the Legacy Award), Salvatore Ferragamo (for Hall of Fame), and several more that are yet to be announced.

This year is set to be the biggest celebration yet, as 2014 marks the 20th anniversary of the Accessories Council and their ongoing mission to support the world of fashion accessories. InStyle‘s own Editor-at-Large Hal Rubenstein will host the gala later this year on November 3rd in New York City, and we can’t wait!

To see the full list of ACE Awards honorees, visit accessoriescouncil.org.

Want to see more amazing outfit add-ons? See the 50 standout accessories from fall 2014 fashion weeks in New York, London, Milan, and Paris in our gallery!