Japanese cosmetics company Shiseido Co. Ltd. has secured the exclusive license to market and sell Tory Burch LLC-branded beauty products worldwide, according to an Aug. 7 announcement.

Effective Jan. 1, 2020, Shiseido's U.S. arm Shiseido Americas Corp. will manage Tory Burch's beauty license following the signing of a long-term partnership agreement.

Tory Burch is a New York brand that designs and manufactures apparel, accessories and fragrance. It was founded by Executive Chairman and Chief Creative Officer Tory Burch in 2004.