A total of 120 pros will be vying for a first prize of $547,500 when play starts on Thursday at the Evian Resort Golf Club in its picturesque setting overlooking Lake Geneva.
The 6,482-yard, par 71 course has long been considered one of the most beautiful courses in the world and the tournament has proven one of the most eventful in recent years with records tumbling.
In 2015, Lydia Ko made history when, aged 18 years and 142 days, the New Zealander won by six shots to become the youngest winner of a women's major.
Twelve months ago, South Korea's In Gee Chun broke an all-time record,
carding the lowest ever 72-hole score at a major, bettering the male mark jointly held by Henrik Stenson and Jason Day by a single stroke to finish at 21-under par.
This year's field includes 92 of the top 100 players on the LPGA Money List, with 51 major victories between them.
When play gets underway at 0745 (CET) on Thursday, don't be surprised to see history made once again come Sunday's final round.
The tournament began life as the Evian Masters back in 1994 and immediately offered a prize purse up there with the biggest on the LPGA Tour.
It was the brainchild of businessman Frank Riboud whose remit was to provide an all-new tournament experience that would attract the game's best players year after year.
"We really want to tell the world of golf that the Evian Championship is a golf destination," Riboud told CNN's Living Golf.
"We respect the other tournaments and their history, starting at St. Andrews, but we have great ambition."
Aided by considerable investment, the tournament has added prestige and color to the women's game.
"Early in the history of the tournament, we knew we needed to have a strong brand and a unique proposal," vice chairman Jacques Bungert told CNN.
"The pink color struck us as impactful, feminine and elegant. We decided it would be our main color."
In 2013, the competition was renamed, rescheduled to September and awarded major status by the LPGA.
Sweden's Helen Alfredsson was the first woman to lift the trophy, going on to win again in 1998 and 2008.
Other past winners include Laura Davies (1995, 1996), Juli Inkster (2003) and Paula Creamer (2005), Karrie Webb (2006), Natalie Gulbis (2007) and Ai Miyazato (2009, 2011) -- all of which are in the field for this year's tournament.
Miyazato, 32, is sure to attract more followers than most; the Japanese former world No. 1 has announced her final shot at Évian-les-Bains will be her last in competitive golf.
So Yeon Ryu
World No. 1 So Yeon Ryu is bidding to win her third event of the season, having emerged victorious at the NW Arkansas Championship and overcome Lexi Thompson in a playoff at the ANA Inspiration.
The South Korean tied for second with Sung Hyun Park last year at the Evian Resort behind eventual winner In Gee Chun, and will be hoping to go one better in the coming days.
In Gee Chun
Defending champion Chun has placed second on no less than five occasions this season but has yet to win a tournament this year.
The South Korean's record breaking performance at the Evian last year made headlines around the globe, and Chun is certainly no stranger to the big occasion, having secured both her LPGA Tour victories in major championships.
Sung Hyun Park
That South Korea's Sung Hyun Park could win both Rookie of the Year and Player of the Year speaks volumes about her promising future in the game.
No player has achieved the feat since three-time major winner Nancy Lopez in 1978, but Park has proven she's not afraid to mix it with the more established names, winning the Canadian Pacific Women's Open and becoming the US Women's Open champion.
Preparation for this year's Evian Championship could hardly have been better for world No. 2 Lexi Thompson, even if she did require an 11-hour sleep to combat a bout of jetlag
The 23-year-old American has two wins to her name this season, and traveled to France off the back of an encouraging victory at September's inaugural Indy Women in Tech Championship, finishing four shots clear of New Zealand's Lydia Ko.
A runner-up behind Ko at Evian-les-Bains in 2015, Thompson looks well-placed to lift the trophy this time around.