Tory Burch to Marry LVMH Exec Pierre-Yves Roussel

The #blessed designer announced the big news on Instagram.
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Pierre-Yves Roussel and Tory Burch at the 2015 CFDA Fashion Awards in New York City. Photo: Dimitrios Kambouris/Getty Images

Pierre-Yves Roussel and Tory Burch at the 2015 CFDA Fashion Awards in New York City. Photo: Dimitrios Kambouris/Getty Images

Tory Burch rang in the new year with some special news: Her engagement to Pierre-Yves Roussel, chairman and CEO of the Fashion Group at LVMH. The designer announced her plans to tie the knot via Instagram on Sunday.

This will be Burch’s third wedding and her second marriage to a high-status fashion exec. Roussel joined LVMH in 2004 before taking on his executive role two years later to oversee such brands as Céline, Givenchy, Marc Jacobs, Donna Karan, Pucci, Kenzo, Loewe, Nicholas Kirkwood and J.W. Anderson. Luckily, when it comes to Burch's namesake $3 billion-dollar business, Roussel won’t be as closely involved as her previous divorcée Chris Burch, who helped launch the line and formerly served as co-chairman. The couple parted ways nearly a decade ago, in 2006, but went through a messy — and very public — lawsuit in 2012 that involved Chris suing Tory for breach of contract and tortious interference. The legal battle also included an accusation from Tory that Chris’s lifestyle company and retail concept C.Wonder was a knockoff of her own label

Although WWD reported that Burch and Roussel have been dating since the summer of 2014, Roussel was spotted front row at one of Burch's fashion shows back in February of 2013. His appearance sparked rumors of an investment from LVMH to which he responded, "I've got nothing special to say. I like what she does. That's the only reason."

Congrats to the newly engaged couple!