NEW HIRE AT LORO PIANA: Carolee Yuvienco has been named director of women’s sales for Loro Piana U.S.A. She succeeds Michele Mascarenhas, who left the firm in January. Most recently, Yuvienco was director of women’s sales at Hugo Boss and has previously held posts at Giorgio Armani and Escada. She reports to Sandra Verbeck, vice president, wholesale division, of Loro Piana USA.

K2 DEAL MONEY: Sporting goods manufacturer K2 will finance its recent purchase of three apparel companies by selling six million shares of its common stock and privately placing $200 million in senior notes due 2014. The shares of stock, sold to a group of underwriters led by J.P. Morgan Securities Inc., will be resold at a public offering price of $15.50 per share. Overall, the shares are worth $93 million, though an overallotment option to sell an additional 900,000 shares would bring the price up to $107 million. As for the senior notes, which were increased from $150 million to $200 million because of investor demand, they will yield 7.38 percent. The proceeds of both transactions will pay for the acquisitions of Volkl Sports, Marker Group and Marmot Mountain Ltd. this week, which totaled $208 million. Since 2003, the Carlsbad, Calif.-based K2 has acquired 10 companies.

TOO MOVE: Paula M. Damaso has been named executive vice president of merchandising for Limited Too, a new post at the chain that caters to tweens. Damaso will be responsible for all apparel and nonapparel categories and reports to Michael Rayden, chairman, president and chief executive officer. Damaso joined Limited Too as senior buyer of accessories in 1994 and was most recently senior vice president of accessories, footwear, intimate apparel and lifestyles, which includes books, music, picture frames and other items for girls to decorate their rooms.

FOR ART’S SAKE: Artemis, French entrepreneur François Pinault’s holding company, on Wednesday confirmed France’s former minister of culture, Jean-Jacques Aillagon, has been appointed its culture consultant. A spokeswoman for Artemis, through which Pinault controls Pinault-Printemps-Redoute and Gucci Group, said Aillagon’s main task would be heading Pinault’s future contemporary and modern art museum, which is expected to open in late 2007 on an island in the Seine.NEW HIRE AT LORO PIANA: Carolee Yuvienco has been named director of women’s sales for Loro Piana U.S.A. She succeeds Michele Mascarenhas, who left the firm in January. Most recently, Yuvienco was director of women’s sales at Hugo Boss and has previously held posts at Giorgio Armani and Escada. She reports to Sandra Verbeck, vice president, wholesale division, of Loro Piana USA.

K2 DEAL MONEY: Sporting goods manufacturer K2 will finance its recent purchase of three apparel companies by selling six million shares of its common stock and privately placing $200 million in senior notes due 2014. The shares of stock, sold to a group of underwriters led by J.P. Morgan Securities Inc., will be resold at a public offering price of $15.50 per share. Overall, the shares are worth $93 million, though an overallotment option to sell an additional 900,000 shares would bring the price up to $107 million. As for the senior notes, which were increased from $150 million to $200 million because of investor demand, they will yield 7.38 percent. The proceeds of both transactions will pay for the acquisitions of Volkl Sports, Marker Group and Marmot Mountain Ltd. this week, which totaled $208 million. Since 2003, the Carlsbad, Calif.-based K2 has acquired 10 companies.

TOO MOVE: Paula M. Damaso has been named executive vice president of merchandising for Limited Too, a new post at the chain that caters to tweens. Damaso will be responsible for all apparel and nonapparel categories and reports to Michael Rayden, chairman, president and chief executive officer. Damaso joined Limited Too as senior buyer of accessories in 1994 and was most recently senior vice president of accessories, footwear, intimate apparel and lifestyles, which includes books, music, picture frames and other items for girls to decorate their rooms.

FOR ART’S SAKE: Artemis, French entrepreneur François Pinault’s holding company, on Wednesday confirmed France’s former minister of culture, Jean-Jacques Aillagon, has been appointed its culture consultant. A spokeswoman for Artemis, through which Pinault controls Pinault-Printemps-Redoute and Gucci Group, said Aillagon’s main task would be heading Pinault’s future contemporary and modern art museum, which is expected to open in late 2007 on an island in the Seine.

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