The CFDA Awards are a huge night for the fashion industry, and this year's event is set to be pretty memorable for legendary American fashion designer Ralph Lauren.

2018 is his eponymous brand's 50th anniversary and to celebrate, he will be awarded the CFDA Members Salute on the evening. This is the first time the Members Salute will be given. 

As for what it means for the designer? Over 500 of the CFDA's members will pay tribute to the designer and his work over the past five decades. Diane von Furstenberg, the CFDA Chairwoman, said of the designer, "From starting with a tie at Bloomingdale's to building a global brand, I respect and admire everything that Ralph Lauren stands for, including his philanthropy and kindness. This is the perfect moment for the CFDA members to salute this icon of American fashion."

The 2018 CFDA Awards will take place on June 4. 

And Ralph isn't the only person to receive a debut award on the night — find out what Kim Kardashian West will receive on the evening