Herrera Receiving Special Fashion Group International Award

There’s no doubt that Carolina Herrera is a superstar in the world of fashion… And, now she’ll have an award to prove it!

The 73-year-old Venezuelan-American designer, who has designed a limited edition T-shirt for this year’s Key to the Cure campaign, will be honored by the Fashion Group International this fall as the recipient of their Superstar award.

Carolina Herrera

Herrera—one of 24 noted designers creating a holiday collection for Target and Neiman Marcus— will receive the honor at the group’s annual Night Of Stars gala on October 25

“Carolina is an international icon and a brilliant businesswoman. For over three decades, she’s remained true to her elegant design aesthetic in everything — from her signature collection to her bridal, accessories and fragrance collections — while presiding over a global business with a singular focus on excellence,” says Fashion Group president Margaret Hayes. “She has an innate understanding of what smart, chic women everywhere want when it comes to style and beauty.”

Last fall, Herrera gained international attention from new generation of fashionistas and increased her star power when she designed the wedding dress Kristen Stewart’s character Bella wore in the The Twilight Saga: Breaking Dawn – Part I.

Past recipients include Giorgio Armani, Karl Lagerfeld, Oscar de la Renta and Donna Karan.

In addition to Herrera’s Superstar prize, Haider Ackermann, Gareth Pugh and Derek Lam will also be honored with special awards, and the Marmotti Family of Max Mara will receive the Brand Heritage Award.

Cruz: This Year’s “Key To The Cure” Ambassador

Penelope Cruz is hoping to raise awareness about women’s cancer research.

The 38-year-old Spanish actress, who is currently starring in Woody Allen’s To Rome With Love, has been named the Entertainment Industry Foundation’s ambassador for Saks Fifth Avenue’s 2012 Key To The Cure.

Penelope Cruz

As this year’s ambassador, Cruz will don a specially designed T-shirt by noted fashion designer Carolina Herrera that promotes women’s cancer research funding.

Herrera’s limited edition T-shirt will retail for $35 at Saks Fifth Avenue and Saks Fifth Avenue OFF 5TH stores and on saks.com. One hundred percent of the proceeds from each shirt sold will be donated to EIF’s Women’s Cancer Research Fund, benefiting charitable programs dedicated to finding new detection methods, better treatments and eventual cures for women’s cancers.

Penelope Cruz in Key To The Cure T-Shirt

“By purchasing this year’s SAKS FIFTH AVENUE KEY TO THE CURE T-shirt, designed by Carolina Herrera, you can help continue the innovative research already in progress,” says the Oscar-winning actress. “Cancer has affected each and every one of us in one way or another and I am thrilled to be involved with this wonderful cause.”

Cruz, who bared a shoulder earlier this year in a PETA anti-fur ad, will appear in a national public service announcement wearing Herrera’s limited edition T-shirt. The PSA will appear in major fashion and lifestyle magazines in September and October.

The T-shirt debuts at Saks Fifth Avenue on October 1st.