The Accessories Council Excellence Awards, known as the ACE Awards, were created in 1996 by the Accessories Council to pay homage to individuals and groups who have helped raise awareness of the accessories industry. Their purpose is to celebrate those who have had a positive impact on accessory consumption during the prior year. Nominees are voted on by accessory-industry insiders, retailers, the Accessories Council Board of Directors and the fashion press. Winners are announced in advance of the annual event, which usually takes place at the beginning of November.