They will be presented with the award July 19 at the House of Lords in London during a conference organised by the NRI Institute.
The designer duo, who showcase their collection annually at New York Fashion week and retail across US, Europe, Middle East and South East Asia, consider this as a great honour bestowed upon them.
"We will be flying to London to receive the award. We were selected amongst so many talented shortlisted contestants, so it is very exciting. We just want our work to speak for us," Peacock said in a statement.
--IANS (Posted on 17-07-2013)