Katy Perry eyeing fashion venture with Madden

New York, (ANI): Singer Katy Perry is said to be in talks with shoe king Steve Madden to collaborate on a fashion venture together. However, representatives for Madden and Perry, 25, have not confirmed if any deal was made.

Madden, 52, has already partnered with Mary-Kate and Ashley Olsen for their Olsenboye and Elizabeth and James clothing lines, and with Zac Posen for his lower priced Z-Spoke label, the New York Post reported.

Meanwhile, Madden is saving designer Betsey Johnson from creditors after taking over a 48.8 million dollar loan, which was in default.