Bill de Blasio announced on Wednesday at a Fashion Week event for MADE – an organisation that aids rising fashion designers in the Big Apple ­­­– that the city of New York will be honouring the Dominican-born fashion designer by naming a street after him.

Located at the intersection of Fordham Road and Creston Avenue in the Bronx, the tribute is part of a recently signed bill to rename 55 public places in the city. The Mayor followed the announcement with a statement supporting his decision explaining that he was glad to pay tribute to the late designer and his dedication to the fashion industry, saying: "No one is more deserving than him."

Oscar de la Renta sadly passed away in 2014 after battling a long-term illness, his iconic fashion house continues to thrive under the direction of Peter Copping.