SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b) (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(b)
(Amendment No. ______) (1)
dELiA*s Inc.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
246885107
(CUSIP Number)
July 17, 1998
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
- -----------
1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
13G
======================
CUSIP No. 246885107
======================
- ---------======================================================================
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
American Retail Enterprises, L.P.
- ---------======================================================================
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- ---------======================================================================
3. SEC USE ONLY
- ---------======================================================================
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ----------------------=========================================================
NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 812,501
------=========================================================
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON WITH
------=========================================================
8. SHARED DISPOSITIVE POWER
812,501
- ---------======================================================================
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
812,501
- ---------======================================================================
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ---------======================================================================
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7 %
- ---------======================================================================
12. TYPE OF REPORTING PERSON*
PN
- ---------======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 12 Pages
<PAGE>
13G
======================
CUSIP No. 246885107
======================
- ---------======================================================================
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Pants Set, Inc.
- ---------======================================================================
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- ---------======================================================================
3. SEC USE ONLY
- ---------======================================================================
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------=========================================================
NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 812,501
------=========================================================
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON WITH
------=========================================================
8. SHARED DISPOSITIVE POWER
812,501
- ---------======================================================================
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
812,501
- ---------======================================================================
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ---------======================================================================
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7 %
- ---------======================================================================
12. TYPE OF REPORTING PERSON*
CO
- ---------======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 12 Pages
<PAGE>
13G
======================
CUSIP No. 246885107
======================
- ---------======================================================================
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Landmark Pants Corp.
- ---------======================================================================
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- ---------======================================================================
3. SEC USE ONLY
- ---------======================================================================
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ----------------------=========================================================
NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 812,501
------=========================================================
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON WITH
------=========================================================
8. SHARED DISPOSITIVE POWER
812,501
- ---------======================================================================
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
812,501
- ---------======================================================================
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ---------======================================================================
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7 %
- ---------======================================================================
12. TYPE OF REPORTING PERSON*
CO
- ---------======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 12 Pages
<PAGE>
13G
======================
CUSIP No. 246885107
======================
- ---------======================================================================
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
William Siegel
- ---------======================================================================
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- ---------======================================================================
3. SEC USE ONLY
- ---------======================================================================
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ----------------------=========================================================
NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 812,501
------=========================================================
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON WITH
------=========================================================
8. SHARED DISPOSITIVE POWER
812,501
- ---------======================================================================
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
812,501
- ---------======================================================================
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ---------======================================================================
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7 %
- ---------======================================================================
12. TYPE OF REPORTING PERSON*
IN
- ---------======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 12 Pages
<PAGE>
13G
======================
CUSIP No. 246885107
======================
- ---------======================================================================
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ronald Lubel
- ---------======================================================================
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- ---------======================================================================
3. SEC USE ONLY
- ---------======================================================================
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ----------------------=========================================================
NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 812,501
------=========================================================
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON WITH
------=========================================================
8. SHARED DISPOSITIVE POWER
812,501
- ---------======================================================================
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
812,501
- ---------======================================================================
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ---------======================================================================
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7 %
- ---------======================================================================
12. TYPE OF REPORTING PERSON*
IN
- ---------======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 12 Pages
<PAGE>
Item 1(a). Name of Issuer:
dELiA*s Inc. ("Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
435 Hudson Street
New York, New York 10014
Item 2. Identity and Background:
A. American Retail Enterprises, L.P.
(a) American Retail Enterprises, L.P. ("ARE")
(b) 1620 Grand Avenue
Baldwin, New York 11510
(c) New York
(d) Common Stock, par value $.01 per share ("Shares")
(e) 246885107
B. The Pants Set, Inc.
(a) The Pants Set, Inc. ("Pants Set")
(b) c/o American Retail Enterprises, L.P.
1620 Grand Avenue
Baldwin, New York 11510
(c) Delaware
(d)(e)The information set forth in (d) and (e) of Item 2(A)
above is incorporated herein.
C. Landmark Pants Corp.
(a) Landmark Pants Corp. ("Landmark")
(b) c/o American Retail Enterprises, L.P.
1620 Grand Avenue
Baldwin, New York 11510
(c) New York
Page 7 of 12 Pages
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(d)(e)The information set forth in (d) and (e) of Item 2(A)
above is incorporated herein.
D. William Siegel
(a) William Siegel ("Siegel")
(b) c/o American Retail Enterprises, L.P.
1620 Grand Avenue
Baldwin, New York 11510
(c) United States
(d)(e)The information set forth in (d) and (e) of Item 2(A)
above is incorporated herein.
E. Ronald Lubel
(a) Ronald ("Lubel")
(b) c/o American Retail Enterprises, L.P.
1620 Grand Avenue
Baldwin, New York 11510
(c) United States
(d)(e)The information set forth in (d) and (e) of Item 2(A)
above is incorporated herein.
With respect to the persons or entities listed above: (i) ARE is filing
with respect to the Shares held by it; (ii) Pants Set is filing with respect to
the Shares held by ARE; (iii) Landmark is filing with respect to the Shares held
by ARE; (iv) Siegel is filing with respect to the Shares held by ARE; and (v)
Lubel is filing with respect to the Shares held by ARE (ARE, Pants Set,
Landmark, Siegel and Lubel shall collectively be referred to hereafter as the
"Reporting Persons").
The Shares reported hereby for ARE are owned directly by ARE. Each of
Pants Set and Landmark may be deemed, as General Partners of ARE, to be the
beneficial owner of all such Shares. Siegel may be deemed, as President of Pants
Set and Vice President of Landmark, to be the beneficial owner of all such
Shares. Lubel may be deemed, as President of Landmark, to be the beneficial
owner of all such Shares. Each of Pants Set, Landmark, Siegel and Lubel hereby
disclaims any beneficial ownership of any such Shares.
Item 3. If this Statement Is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing Is a:
(a) [ ] Broker or Dealer registered under Section 15 of the
Exchange Act.
Page 8 of 12 Pages
<PAGE>
(b) [ ] Bank as defined in section 3(a)(6) of the Exchange Act.
(c) [ ] Insurance Company as defined in section 3(a)(19) of the
Exchange Act.
(d) [ ] Investment Company registered under section 8 of the
Investment Company Act.
(e) [ ] An Investment Adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An Employee Benefit Plan or Endowment Fund in accordance
with Rule 13d-1(b)(ii)(F);
(g) [ ] A Parent Holding Company or Control Person in accordance
with Rule 13d-1(b)(ii)(G);
(h) [ ] A Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
Investment Company under Section 3(c)(14) of the Investment
Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [X]
Item 4. Ownership.
(a) Amount Beneficially Owned:
The information set forth in Row 9 of the cover page hereto for each
Reporting Person is incorporated herein by reference for each such
Reporting Person.
(b) Percent of Class:
The information set forth in Row 11 of the cover page hereto for
each Reporting Person is incorporated herein by reference for each
such Reporting Person.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
The information set forth in Row 5 of the cover page hereto
for each Reporting Person is incorporated herein by reference
for each such Reporting Person.
(ii) shared power to vote or to direct the vote:
Page 9 of 12 Pages
<PAGE>
The information set forth in Row 6 of the cover page hereto
for each Reporting Person is incorporated herein by reference
for each such Reporting Person.
(iii) sole power to dispose or to direct the disposition of:
The information set forth in Row 7 of the cover page hereto
for each Reporting Person is incorporated herein by reference
for each such Reporting Person.
(iv) shared power to dispose or to direct the disposition of:
The information set forth in Row 8 of the cover page hereto
for each Reporting Person is incorporated herein by reference
for each such Reporting Person.
The Shares reported hereby for ARE are owned directly by ARE. Each of
Pants Set and Landmark may be deemed, as General Partners of ARE, to be the
beneficial owner of all such Shares. Siegel may be deemed, as President of Pants
Set and Vice President of Landmark, to be the beneficial owner of all such
Shares. Lubel may be deemed, as President of Landmark, to be the beneficial
owner of all such Shares. Each of Pants Set, Landmark, Siegel and Lubel hereby
disclaims any beneficial ownership of any such Shares.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Page 10 of 12 Pages
<PAGE>
Item 10. Certifications.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.
Page 11 of 12 Pages
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: July 24, 1998
AMERICAN RETAIL ENTERPRISES, L.P.
By: LANDMARK PANTS CORP.
Its General Partner
/s/ Ronald Lubel
-----------------------------
Name: Ronald Lubel
Title: President
By: THE PANTS SET, INC.,
Its General Partner
/s/ William Siegel
-----------------------------
Name: William Siegel
Title: President
LANDMARK PANTS CORP.
By: /s/ Ronald Lubel
-----------------------------
Name: Ronald Lubel
Title: President
THE PANTS SET, INC.
By: /s/ William Siegel
-----------------------------
Name: William Siegel
Title: President
/s/ William Siegel
------------------------------------
William Siegel
/s/ Ronald Lubel
------------------------------------
Ronald Lubel
Page 12 of 12 Pages
