Fashion power couple Tory Burch and Pierre-Yves Roussel are engaged!
The 49-year-old fashion designer and the 50-year-old LVMH CEO chairman revealed the good news on Instagram this past weekend. "We are tying the knot #blessed #engaged #happynewyear," Burch captioned the photo.
The two, who are both major names in the fashion world, began dating in summer 2014, according to People. This will be Burch's third marriage as she was previously married to real-estate tycoon Harry B. Macklowe and C. Wonder fashion label owner J. Christopher Burch. They split in 2006, but she has continued to use his last name since.
Burch, who is also a CEO and chairman of her company, launched the beloved and well-known fashion label in 2004, according to The Hollywood Reporter. Roussel is the CEO of the Fashion Group which owns luxury brands like Louis Vuitton, Marc Jacobs, Celine and Givenchy. The ring has not yet been revealed.