The 24-year-old year catwalk star was selected to receive one of the evening's most prestigious accolades at the ceremony which was held at the Park Hyatt in New York City in recognition for all her achievements in the past 12 months.
The Canadian beauty wowed fans on the red carpet by wearing a slinky metallic silver dress, and the floor-length gown was complete with extensive side cut-out detailing which the model paired with a full make-up look, shiny high heels and glittering diamond earrings.
Nicki Minaj presented Winnie with her prize and afterwards the former 'America's Next Top Model' contestant took to her Instagram account to thank her friend for being present for her special moment.
Winnie - who has a distinct look due to her vitiligo skin condition - posted: "Wow ... i can't believe you did this. @NickiMinaj you came all the way to NYC to present me with BreakThrough Model of the Year award at @DailyFrontRow. The accomplishment in itself is breath taking to me! But to have someone I've looked up to for Soooo long and now call my friend present this iconic award to me.. I'm crying right now writing this. You know i love you. (sic)"
Elsewhere at the event, Hailey Baldwin was named Fashion Media Personality and the 21-year-old blonde - who is the daughter of Stephen and Kennya Baldwin - dazzled in a floor-length embellished green gown and sported a grey smoky eye, gold hoop earrings.
Irina Shayk was honoured with the Fashion Icon Award and turned heads in a Versace cowl-neck chainmail dress with hip-baring slit
The award for Fashion Force was given to Ashley Graham, who wowed in a strapless black satin teacup dress, which she paired with a black manicure and dangling diamond earrings.
Gigi Hadid also presented during the ceremony and the American model rocked an asymmetrical metallic ensemble which included buttoned detailing and a thigh-high slit
The blonde beauty paired her glistening number with an ashy make-up look, silver stilettos, and mermaid waves.
Amy Schumer and Priyanka Chopra also presented throughout the event.