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L.A. GEAR SIGNS AGREEMENT TO ACQUIRE BUSINESS OF ITS U.K. DISTRIBUTOR

 SANTA MONICA, Calif., June 1 /PRNewswire/ -- L.A. Gear (NYSE: LA) today announced that it has signed a definitive agreement with Blacks Leisure Group plc to acquire the business and certain assets (including inventory) of the exclusive distributor of L.A. Gear products in the United Kingdom. The transaction is scheduled to close later this month.
 David Gatto, L.A. Gear's senior vice president of International, said, "The acquisition of the business of our British distributor represents another step in the implementation of the company's international business strategy aimed at achieving direct control over the distribution of the company's products in selected international markets."
 L.A. Gear is a leading designer, developer and marketer of a broad range of quality athletic and casual/lifestyle footwear.
 -0- 6/1/93
 /CONTACT: Michael Sitrick or Michael Kolbenschlag of Sitrick And Co., 310-788-2850, for L.A. Gear/
 (LA)


CO: L.A. Gear; Blacks Leisure Group plc ST: California IN: TEX SU: TNM

LS-JL -- LA011 -- 3793 06/01/93 09:00 EDT
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Publication:PR Newswire
Date:Jun 1, 1993
Words:168
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