As filed with the Securities and Exchange Commission on May 17, 1999
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 14, 1999
dELiA*s Inc.
(Exact name of Registrant as specified in charter)
Delaware 0-21869 13-3914035
(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation) Number)
435 Hudson Street
New York, New York 10014
(Address of principal executive officers) (Zip Code)
(212) 807-9060
(Registrant's telephone number, including area code)
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Item 4. Changes in Registrant's Certifying Accountant
On May 14, 1999, the audit committee of the Company's board of directors
approved the dismissal of Deloitte & Touche LLP, the principal accountant
previously engaged to audit the Company's financial statements. Neither of the
reports provided by Deloitte & Touche LLP for the past two years contained an
adverse opinion or a disclaimer of opinion, or was qualified or modified as to
uncertainty, audit scope, or accounting principles. During the Company's two
most recent fiscal years and the subsequent period, there were no disagreements
with the former accountant on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedures, which
disagreement, if not resolved to the satisfaction of the former accountant,
would have caused it to make reference to the subject matter of the disagreement
in connection with its report.
On May 14, 1999, the audit committee approved the engagement of Ernst &
Young LLP as the principal accountant to audit the Company's financial
statements. During the Company's two most recent fiscal years and the subsequent
period prior to such appointment, the Company has not consulted the newly
engaged accountant regarding either the application of accounting principles to
a specified transaction or the type of audit opinion that might be rendered on
the Company's financial statements, nor on any matter that was either the
subject of a disagreement or a reportable event.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
See Exhibit Index following the Signature Page.
Item 8. Change in Fiscal Year
On May 14, 1999, the Company determined to change its fiscal year from
the calendar year ending January 31 used in its previous filings with the
Securities and Exchange Commission. Effective February 1, 1999, the Company's
fiscal year is comprised of 52 or 53 weeks, ending on the Saturday closest to
the last day of January. As the transition period is less than one month, no
transition report is required.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: May 14, 1999 dELiA*s Inc.
By: /s/ Stephen I. Kahn
-------------------------
Stephen I. Kahn
Chairman of the Board and
Chief Executive Officer
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<PAGE>
EXHIBIT INDEX
16.1 Letter of Deloitte & Touche LLP regarding change in certifying accountant.
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[Letterhead of Deloitte & Touche]
May 14, 1999
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs/Madams:
We have read and agree with the comments in Item 4 of Form 8-K of dELiA*s
Inc. dated May 14, 1999.
Yours truly,
/s/ Deloitte & Touche LLP
DELOITTE & TOUCHE LLP
