L.A. Gear Inc.: The Los Angeles shoe...
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L.A. Gear Inc.: The Los Angeles shoe and sportswear maker said net income rose 200% to $16 million in the second quarter. Sales for the quarter rose 207% to $169.6 million. Both net income and sales figures set quarterly records for the company. The company also announced plans to file an offering of 1 million common shares by the end of the year.
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