Lady Gaga to Receive Fashion Icon Award From the CFDA

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Photo: Bryan Bedder/Getty Images (2), Francois Guillot/AFP/Getty Images

The CFDA Awards are like the Oscars of fashion, only with a much more fashionable red carpet that receives much less attention from the masses than it should. While prestigious, it's unclear how much impact on business success winning one of the statues has. However, just being able to go to the award ceremony is a treat, and it will be even sweeter this year since Lady Gaga is receiving the Fashion Icon award that went to model Iman last year. It's unclear if she'll attend or submit one of those "sorry, I have something more important to do" videotaped thank-you messages, but in a perfect world she'd go with Nicola Formichetti and tattooed "Born This Way" hump buddy Rico on her fashionably immobilized arms.

2011 CFDA FASHION AWARDS NOMINEES & HONOREES ANNOUNCED [CFDA]