Donna Karan
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Donna Karan and Sheila C. Johnson

All eyes were on designer and Parsons alumnus Donna Karan and Parsons Board Chair Sheila C. Johnson as they accepted honors at The New School for Design's annual Parsons Fashion Benefit in New York City. "I was a Parson's student so let me tell you, it's not easy!" Karan told InStyle.com. "To know that your school is honoring you—I'm in honor of the school!"

With reporting by Lindzi Scharf, Jacqueline Vasquez and Rose Walano

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