The singer, songwriter and record producer was singled out for the Fashion Icon Award, to be bestowed June 1 at Lincoln Center, as somebody whose individual style has made a significant impact on popular culture on an international scale.
"If cool was a person, it would be Pharrell, not just for his looks and sense of style but for his kindness and openness. I cannot imagine anyone not seduced by him," said Diane von Furstenberg, president of the CFDA, in a statement released Wednesday.
Last year's recipient was Rihanna, who wore a see-through dress to collect her award. Johnny Depp, Lady Gaga, Iman, Kate Moss and Nicole Kidman are among past winners.
In addition to music, Pharrell co-founded the clothing brands Billionaire Boys Club and Ice Cream Footwear. He has a New York City boutique and has co-designed jewelry and eyeglasses for Louis Vuitton.