RadarOnline reports that the couple - who started dating in April this year - may be working on a shoe collection with Salma Hayek's billionaire husband and owner of Louis Vuitton, Francois-Henri Pinault.

The couple - also known as 'Kimye' - had a business meeting with the billionaire last week at Marblehead, MA exclusive Eastern Yacht Club. "Kim and Kanye had lunch with Francois the other day at the yacht club because they're trying to negotiate a shoe deal with him," a source told RadarOnline.

KANYE'S PLANS TO PROPOSE TO KIM

"Francois' company owns Louis Vuitton, which Kim and Kanye are obviously both big fans of. Nothing is set in stone yet, but they're really excited about the potential footwear line."

KIMYE'S MACTHING BLING
This could be a big step for Kanye as he is trying to establish his own luxury fashion label - having shown his latest collection at Paris Fashion Week back in March this year. Kim has also been collaborating with the website ShoeDazzle as a stylist. She also tweeted a photo of herself wearing gladiator boots from Kanye's collection with the caption, "Killin' it today in my Kanye West boots!".