RETAIL
From Times Staff and Wire Reports
L.A. Gear’s Board Expands: Trefoil Capital Investors, the holder of all shares of the Series A preferred stock issued by L.A. Gear Inc., has partially exercised its right to appoint additional directors for L.A. Gear by electing Clifford A. Miller, 64, and V.A. (Ravi) Ravindran, 44, to the board of the Los Angeles-based athletic shoemaker. Miller is chairman of Clifford Group Inc., a Los Angeles-based business consulting organization. Ravindran is chief executive of Paracor Company Inc., a New York-based asset management company. Trefoil has now selected five of the 11 L.A. Gear board members. Under an agreement with L.A. Gear, Trefoil has the right to appoint two more directors.
