Tory Burch and Marc Jacobs Boss to Wed Union of power players may be the first of its kind in the fashion world.

By Laura Entis

Opinions expressed by Entrepreneur contributors are their own.

Tory Burch | Instagram
Tory Burch and Pierre-Yves Roussel.

An upcoming merger has the fashion world abuzz.

Fashion designer Tory Burch announced yesterday on Instagram that she is engaged to Pierre-Yves Roussel, the CEO of LVMH Fashion Group.

The wedding will unite two fashion power players. Burch is the CEO of her eponymous billion-dollar fashion line. Meanwhile, Roussel heads a fashion group that includes brands such as Emilio Pucci, Céline, Donna Karan and Marc Jacobs.

"As far as I can tell, this is the first time power players atop two different empires have bridged the gap," the New York Times' Vanessa Friedman wrote of the engagement.

In her Instagram post announcing the news, Burch wrote: "We are tying the knot...#blessed #engaged #happynewyear."

Related: Fashion Designer Tory Burch: 'There Is No Such Thing as Overnight Success'

This is Burch's third marriage. Her second marriage, to Christopher Burch, ended on colorful terms. The pair co-founded Tory Burch together, and shortly after the divorce Christopher founded the now-shuttered C. Wonder. From its opening, the clothing chain -- with its patterned clothes, home goods and jewelry -- raised eyebrows. Many fashion insiders considered the brand a direct knockoff of Tory Burch's more expensive clothing line.

But Burch has clearly moved on. Fashion blogs are already speculating what Burch will wear on her big day. Considering she has an array of high-end fashion lines -- plus her own line -- at her disposal, our guess is she dons more than one gown.

#blessed, indeed.

Related: How Longchamp Turned the Basic Nylon Tote Into a Full-Blown Luxury Icon

Laura Entis is a reporter for Fortune.com's Venture section.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

Growing a Business

How Meta Generated $32 Billion in Ad Revenue Last Quarter — and How You Can Create Million-Dollar Weekends Using the Same Strategies

Meta's staggering $32 billion quarterly ad revenue isn't just about size; it's about strategy, systems and execution as well.

Franchise

Jersey Mike's Switched Up Its Strategy for Serving Customers This Year — Then Blackstone Bought the Sandwich Chain for $8 Billion

The New Jersey sub franchise has dialed in on strategies to serve customers in stores and online, as proven by its recent acquisition.