• TERRIFIC TWOS: T-shirt maker Michael Stars will open its second store on trendy Montana Avenue in Santa Monica, Calif., today. Inside the 800- square-foot boutique, maple shelves and white walls serve as a backdrop to the line’s colorful T-shirts, tanks, turtlenecks and maternity apparel. The unit will also stock a men’s line, children’s T-shirts and the recently launched fragrance, Michael Stars, the Original Scent. Retail prices range from $24 to $64. Vice president Simon Cohen said the location emulates the feel of Manhattan Beach, Calif., where the company opened its first store in December 2001. Cohen, son of owner and founder Michael Cohen, doesn’t anticipate any channel conflict with existing retailers, since Sara, a Montana Avenue boutique carrying the line, will be closing. More Southern California locations are planned for the Hawthorne, Calif.-based company, he said.

  • LVMH MOVES: LVMH Moët Hennessy Louis Vuitton Thursday appointed Jean-Jacques Guiony to its executive committee as deputy chief financial officer. Guiony, 42, will take up the role starting Sept. 15 and will report to Patrick Houel, the luxury firm’s cfo. Next summer, Guiony will become cfo, while Houel, 61, will take on the position of adviser to the company’s chairman, Bernard Arnault. Houel will be proposed as a board member of LVMH at the next annual shareholders meeting in May 2004, the company said in a statement. Guiony is currently a general partner of Lazard Frères in Paris.

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