MILAN -- LVMH Moet Hennessy Louis Vuitton SA has reached an agreement to acquire a minority stake in Italian shoemaker RossiModa as part of its plans to expand the shoe lines of its major brands.

LVMH announced today that it has taken a significant minority stake in RossiModa, the prestigious Italian shoe manufacturer that is currently owned and managed by Luigino, Diego, and Dino Rossi. The ...