Kan 2008, tinawan si Herrera nin onra na Geoffrey Beene Lifetime Achievement Award  hale sa Council of Fashion Designers of America, asin "Womenswear Designer of the Year" kan 2004. Si Herrera an resipyente nin The International Center in New York's Award of Excellence pati na an Spain's Gold Medal for Merit sa Fine Arts, na prinesenta kan 2002 ni King Juan Carlos I. Tinawan man siyanin She  Gold Medal nin Queen Sofía Spanish Institute kan 1997.