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L A Gear Company

BUSINESS
April 10, 1995 | From Times Staff Reports
L.A. Gear, the Santa Monica-based athletic footwear company striving for a financial turnaround, will release the results of its first quarter earnings on Friday. The company, which had a net loss of $22.2 million in 1994, is trying to rebound by concentrating more of its marketing efforts on its women's line of footwear products, which has been one of the company's strengths. The quarterly report will precede L.A. Gear's annual shareholder meeting, which is scheduled for April 18.
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BUSINESS
April 29, 1992 | From Associated Press
A British clothing and shoe company with ties to Reebok International and Adidas, the world's top two athletic shoemakers, bought a 4% stake Tuesday in troubled L.A. Gear, the No. 3 sneaker maker. Pentland Group, which helped launch Reebok and owns a 20% stake in the German parent of Adidas, invested $14 million in L.A. Gear and agreed to help the Marina del Rey company with some of its manufacturing operations in Far East plants. L.A.
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