Each year, after the fashion industry has costumed all of Hollywood and anyone else with the slightest chance of walking a red carpet, it takes a bit of time to celebrate itself. It does so with the awards given out by the Council of Fashion Designers of America. In order for the public at large to gain some sense of what the CFDA awards are all about, they have been given a shorthand: "the Oscars of the fashion industry." Except that they aren't. At least not yet.
Robin Givhan: Ho-Hum CFDA Awards Aren't Oscars Of The Fashion Industry