Queen Elizabeth II's New Year Honors list of 2012 has been announced, and it includes quite a few big names from the fashion industry. Lulu Kennedy, the founder of London Fashion Week's Fashion East initiative, received an MBE (Member of the British Empire) title. Her work on the catwalk showcase — which is credited with crucial early support for rising British designers including Gareth Pugh, Holly Fulton, and Marios Schwab — has earned her the title of London's "fashion fairy godmother."

One level up on the awards spectrum, OBEs (Order of the British Empire) went to Barbara Hulanicki, founding designer behind the iconic sixties label Biba, shoe designer Emma Hope, and the British Fashion Council's honorary treasurer Christopher Inman. Let the stressing out over what to wear to Buckingham Palace to collect their special medals begin.