Marc Jacobs will receive the Geoffrey Beene Lifetime Achievement prize at the 2011 CFDA awards.
The designer will pick up the prestigious award when the Council of Fashion Designers of America hand out their annual awards at New York's Lincoln Centre on June 6, and he will also contest for the Womenswear Designer of the Year Award, along with Alexander Wang, Jack McCollough and Lazaro Hernandez of Proenza Schouler.