ashley and mary kate get nominated for a major fashion honor.

by faran krentcil

Despite their youth, the Olsen sisters have been a fashion dream team for almost a decade, and when they launched their first label The Row in 2007, they turned their fashion (and a major source of their fame) into a lasting business venture.

Founded because Ashley complained to her dad that she couldn't find the perfect t-shirt, The Row puts tailoring above all else, and employs a steady stream of industry experts to make sure their behind-the-seams operations are perfect. The line is simple, restrained, and extremely expensive.

It's also the latest label to receive a fashion design nomination from the Council of Fashion Designers of America - an honor that's usually bestowed on industry titans like Marc Jacobs and Oscar de la Renta.  Lady Gaga's also getting an award, albeit a "fashion icon" honor for influencing the style industry (and, presumably, making designers like Thierry Mugler a part of American pop culture). 

We think that's amazing, but still... aren't the Olsens as influential with what young people wear?  If it were up to us, it would have been a tie.