LVMH, whose footwear sales still trail rival Gucci's, is aiming to boost its footwear business. It confirmed that it has been having discussions with exclusive shoe firm, Italian-based Fratelli Rossetti, and said that there is likely to be a further intensification of it's deal with RossiModa. Luigino Rossi and his two brothers are now set to sell a 45 per cent stake in the RossiModa business to LVMH.