Christopher Bailey
Christopher Bailey has been inducted into the Fashion Hall of Fame.

Just weeks after Christopher Bailey was named CEO of Burberry, the Yorkshire-born designer has celebrated another fashion triumph.

The 42-year-old style icon received the ultimate promotion gift when he was inducted into the fashion Hall of Fame at the fourth annual WGSN Global Fashion Awards.

He was honoured with the coveted title at the London ceremony inside the Victoria and Albert Museum.

According to WGSN, the prestigious accolade is awarded to individuals who have "furthered the interests of the industry, broken new ground and inspired the world."

Bailey follows in the footsteps of past recipients including photographer Rankin and Biba founder Barbara Hulanicki.

The Royal College of Art Bailey graduate worked at Donna Karan and Gucci before joining Burberry as creative director in 2001. He was promoted to chief creative officer in 2009.

Bailey has been credited for boosting the fortunes of the British label and will replace Angela Ahrendts as CEO in 2014, following her departure to Apple.

He will continues to juggle his previous position as chief creative officer at Burberry.

Global Fashion Awards Full List Of Winners

Catrice Womenswear Designer: Erdem Moralioglu

Menswear Designer: Oliver Spencer

Footwear and Accessories Designer: Nicholas Kirkwood

Sustainable Design Team: Jeanologia

Best Multi-Channel Retailer: Topshop

Womenswear Design Team: & Other Stories

Menswear Design Team: Acne

Sports/Activewear Design Team: Sweaty Betty

Avery Dennison Emerging Fashion Brand: Emma J Shipley

Intimates and Swim Design Team: Princesse Tam Tam

Kidswear Design Team: Gap

Best New Store: Karl Lagerfeld, Paris

Best Store: Tsvetnoy Central Market in Moscow, Russia

E-store: Outnet.com

iSKO Denim Design Team: G-Star Raw

Preciosa Footwear and Accessories Design Team: Gandys

Lycra Future Designer: Lucy Gardner

Best Buying Team: Net-A-Porter.com