Montegrappa unveiled its new “Chaos” watch during an exclusive soiree in West Hollywood late last week. The new timepiece was designed by none other than Sylvester Stallone, who was on hand at Westime’s Sunset Blvd. location to debut the unique new piece.

Los Angeles clothing label Wren is certainly guaranteeing that Hollywood starlets will purchase its new capsule collection. Actress Kirsten Dunst models the line’s new pieces — dresses, coats and separates in bold prints with a Sixties-inspired feel — in its new look.

culchowder-20120310Oyster-loving Angelenos, this is your lucky day. Santa Monica seafood mainstay Blue Plate Oysterette will be heading to W. 3rd St. early next year.

Maria Sharapova has upped her game by hiring Jimmy Connors as her new coach. One day after announcing that she would no longer be working with Thomas Hogstedt, the 26-year-old tennis player announced on her website that she had hired the eight-time champion.

Porsche Design unveiled its newly remodelled Beverly Hills boutique on Thursday night. The brand’s first-ever brand ambassador, tennis star Maria Sharapova, attended the Rodeo Drive event, as did Porsche Design Group CEO Juergen Gessler.

cfiles31282Hallelujah — there’s finally a luxury hotel headed to Hermosa Beach! It will the first of its kind for the South Bay beach town, though its creation is a long way off.

Johnny Depp is in negotiations to star in Mortdecai, a big screen adaptation of Kyril Bonfiglioli’s The Great Mortdecai Moustache Mystery. In the Lionsgate adaptation, Depp will play the title role of Charles Mortdecai, a debonair art dealer.

Ever wonder what the most powerful leaders, business execs and celebrities keep on their desks? Well, we’re about to tell you. Our biweekly “What’s on My Desk” feature will take a look inside the offices and at the desks of the world’s most influential power players.

Chaya Brasserie is going to be doing a lot of celebrating this summer. The upscale Japanese eatery will be celebrating its 30th anniversary in style by hosting its Summer Festival, which includes three months of festivities.