Designer Tory Burch is Engaged to Pierre-Yves Roussel

Tory Burch is getting married!

The 49-year-old fashion designer just got engaged to boyfriend of one-and-a-half years, Pierre-Yves Roussel, 50, over the holidays.

PHOTOS: Check out the latest pics of Tory Burch

“We are tying the knot…#blessed #engaged #happynewyear,” Tory captioned an Instagram photo of the couple.

In case you didn’t know, Pierre-Yves is the CEO of LVMH Fashion Group, which owns several big brands like Louis Vuitton and Marc Jacobs.

This will be Tory‘s third marriage.

Congrats to Tory and Pierre-Yves on the exciting news!