<PAGE>
OMB APPROVAL
OMB Number: 3235-0145
Expires: October 31, 1997
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-------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------------------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )
DELIA*S CORP.
--------------------------------------------------------------------------------
(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE
--------------------------------------------------------------------------------
(Title of Class of Securities)
24688Q101
--------------------------------------------------------------------------------
(CUSIP Number)
STEPHEN I. KAHN JEFFREY A. HORWITZ, ESQ.
C/O DELIA*S CORP. PROSKAUER ROSE LLP
435 HUDSON STREET, 5TH FL. AND 1585 BROADWAY
NEW YORK, NEW YORK 10014 NEW YORK, NEW YORK 10036-8299
(212) 870-9096 (212) 969-3000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
NOVEMBER 20, 2000
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
|_|
(Continued on following pages)
(Page 1 of 25 Pages)
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 2 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Stephen I. Kahn
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 11,006,451
OWNED BY
EACH -----------------------------------------------------
REPORTING SHARED VOTING POWER
PERSON WITH 8
0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
5,754,553
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
12,371,180
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
23,377,631
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
46.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 3 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Elizabeth McHugh Kahn
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
352,062
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
352,062
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 4 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Robert Karetsky
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
892,283
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
892,283
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 5 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Geraldine Karetsky
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
1,677,437
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,677,437
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
3.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 6 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Robin Kahn
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
405,933
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
405,933
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 7 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Jeffrey Kahn
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
376,778
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
376,778
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 8 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Anne Kahn
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
414,508
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
414,508
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- ------------------
CUSIP NO. 24688Q101 PAGE 9 OF 25 PAGES
----------------------------------------------------- ------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Andrew Karetsky
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
234,433
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
234,433
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- -------------------
CUSIP NO. 24688Q101 PAGE 10 OF 25 PAGES
----------------------------------------------------- -------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Jennifer A.K. Andres
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
237,863
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
237,863
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- -------------------
CUSIP NO. 24688Q101 PAGE 11 OF 25 PAGES
----------------------------------------------------- -------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Maxine Kahn
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
152,967
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,967
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- -------------------
CUSIP NO. 24688Q101 PAGE 12 OF 25 PAGES
----------------------------------------------------- -------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Arlene Epstein
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
13,534
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
13,534
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- -------------------
CUSIP NO. 24688Q101 PAGE 13 OF 25 PAGES
----------------------------------------------------- -------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Joanna Bober
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
7,532
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
7,532
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- -------------------
CUSIP NO. 24688Q101 PAGE 14 OF 25 PAGES
----------------------------------------------------- -------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Arthur Bober
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
15,764
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
15,764
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- -------------------
CUSIP NO. 24688Q101 PAGE 15 OF 25 PAGES
----------------------------------------------------- -------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Elizabeth May
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
30,408
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
30,408
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
------------------------------------- -------------------
CUSIP NO. 24688Q101 PAGE 16 OF 25 PAGES
----------------------------------------------------- -------------------
--------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
Judith Goldman
1
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
SHARES 7
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH SHARED VOTING POWER
REPORTING 8
PERSON WITH 0
-----------------------------------------------------
SOLE DISPOSITIVE POWER
9
58,824
-----------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
58,824
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
Less than 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
<PAGE>
PAGE 17 OF 25 PAGES
ITEM 1. SECURITY AND ISSUER
This Statement on Schedule 13D (this "Statement") relates to the Class
A common stock, par value $.01 per share (the "Class A Common Stock"), of
dELiA*s Corp., a Delaware corporation formerly known as iTurf Inc. (the
"Issuer"), which has its principal executive offices at 435 Hudson Street, New
York, New York 10014.
ITEM 2. IDENTITY AND BACKGROUND
(a) Name
(b) Residence or business address
(c) Present principal occupation or employment
Stephen I. Kahn
c/o dELiA*s Corp.
435 Hudson Street
New York, NY 10014
Chairman of the Board of Directors and Chief Executive
Officer of the Issuer
Elizabeth Kahn
53 West 9th Street
New York, NY 10011
Art Consultant
Self-employed
Robert Karetsky
61 Irving Place, Apartment 5C
New York, NY 10003
Educator
Geraldine Karetsky
1660 Slilverking Drive
Aspen, CO 81611
Member of the Board of Directors of the Issuer
Private Investor
Self-employed
Robin Kahn
114 Mercer Street, #9
New York, NY 10012
Fine Artist
Self-employed
<PAGE>
PAGE 18 OF 25 PAGES
Jeffrey Kahn
125 Prospect Park West, #6E
Brooklyn, NY 11215
Writer
Self-employed
Anne Kahn
137 Joralemon Street, Apartment 7
Brooklyn, NY 11201
Psychologist
Village Institute
26 West 9th Street
New York, NY 10014
Andrew Karetsky
21 Sky Ridge Road
Greenwich, CT
Consultant
Jennifer A.K. Andres
4203 Tuscany Court
Baltimore, MD 21213
Homemaker
Maxine Kahn
1010 Ramapo Valley Road
Mahwah, NJ 07430
Retired
Arlene Epstein
23 West Pamrapo Court
Glen Rock, NJ 07452
School Teacher
Edgewater School District
Undercliff Avenue
Edgewater, NJ
Joanna Bober
61 West 9th Street, Apartment 9D
New York, NY 10011
Writer
Self-employed
<PAGE>
PAGE 19 OF 25 PAGES
Arthur Bober
P.O. Box 305
New Vernon, NJ 07976
Retired
Elizabeth May
41 Yatesbury, NR Calne
Wiltshire SN118YG England
Pre-school Helper
Wiltshire County Council
Village Hall, Chenhill Wiltshire
Judith Goldman
525 West End Avenue, Apt. 11E
New York, NY 10024
Writer, Curator, Publisher
Self-employed
(d) and (e)
During the last five years, none of the reporting persons has
been (i) convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Citizenship
All of the reporting persons are citizens of the United
States.
The reporting persons constitute a "group" within the meaning of Rule 13d-5
under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with
respect to their beneficial ownership of the shares of Class A Common Stock of
the Issuer to which this Statement relates.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Except for shares of Class A Common Stock beneficially owned by Stephen
I. Kahn and reported in the Schedule 13G relating to the Class A Common Stock
filed by Mr. Kahn and dELiA*s Inc. on February 15, 2000 (which shares of Class A
Common Stock directly owned by Mr. Kahn were acquired by Mr. Kahn using personal
funds), the shares of Class A Common Stock to which this Statement relates were
acquired by the reporting persons pursuant to the Agreement and Plan of Merger,
dated as of August 16, 2000 (the
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PAGE 20 OF 25 PAGES
"Merger Agreement"), by and among the Issuer, iTurf Breakfast Corp., a wholly
owned subsidiary of the Issuer, and dELiA*s Inc. ("Old dELiA*s"), which is
attached hereto as Exhibit 1. Pursuant to the Merger Agreement, on
November 20, 2000, iTurf Breakfast Corp. merged with and into Old dELiA*s (the
"Merger") as a result of which Old dELiA*s became a wholly owned subsidiary
of the Issuer (and changed its name to dELiA*s Group Inc.) and each share of
common stock, par value $.01 per share, of Old dELiA*s (other than shares
held in the treasury of Old dELiA*s) was converted into 1.715 shares of
Class A Common Stock.
ITEM 4. PURPOSE OF TRANSACTION
Except for shares of Class A Common Stock beneficially owned by Stephen
I. Kahn and reported in the Schedule 13G relating to the Class A Common Stock
filed by Mr. Kahn and dELiA*s Inc. on February 15, 2000, the shares of Class A
Common Stock to which this Statement relates were acquired by the reporting
persons pursuant to the Merger Agreement. Except as otherwise described in this
Statement, the reporting persons hold their Class A Common Stock for investment
purposes and currently have no plans to acquire additional shares of Class A
Common Stock. Stephen I. Kahn and the other reporting persons hereunder may
acquire additional shares of Class A Common Stock with an intent to increase
their control over the Issuer generally.
Except as otherwise described in this Statement, the reporting persons
currently have no plans or proposals of the type set forth in paragraphs (a)
through (j) of Item 4 of Schedule 13D promulgated under the Exchange Act.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) The reporting persons may be deemed to beneficially own an
aggregate of 22,699,576 shares of Class A Common Stock (approximately 47.2% of
the outstanding shares of Class A Common Stock based on the most recent SEC
filing of the Issuer). Such number of shares and percentage assume conversion of
all 11,425,000 shares of Class B common stock, par value $.01 per share (the
"Class B Common Stock"), of the Issuer, which shares are owned by dELiA*s Group
Inc. and may be converted, at any time at the option of dELiA*s Group Inc., into
shares of Class A Common Stock. The Certificate of Incorporation of the
Issuer provides that, automatically upon transfer, the Class B Common Stock
shall (i) convert to Class A Common Stock and (ii) lose its voting rights
unless the transaction is first approved by a majority of the Issuer's
outstanding shares entitled to vote.
Excluding (i) the 11,425,000 shares of Class B Common Stock held by
dELiA*s Group Inc. and which, under the Issuer's Restated Certificate of
Incorporation and Delaware law, are not entitled to vote and (ii) 1,136 and
945,044 shares of Class A Common Stock held by dELiA*s Group Inc. and iTurf
Finance Company, a wholly owned subsidiary of the Issuer, respectively, and
which, under Delaware law, are not entitled to vote, the reporting persons may
be deemed to beneficially own an aggregate of 11,274,576 shares of Class A
Common Stock entitled to vote (approximately 29.3% of the outstanding shares of
Class A Common Stock entitled to vote based on the most recent SEC filing of the
Issuer).
(b) Number of shares of Class A Common Stock as to which reporting
persons hold:
With respect to Stephen I. Kahn:
(i) Sole power to vote or to direct the vote - 11,006,451
shares of Class A Common Stock. Of these shares, (1)
Mr. Kahn directly owns 5,685,953 shares, including
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PAGE 21 OF 25 PAGES
301,563 shares of restricted stock issued to Mr.
Kahn but subject to vesting requirements, which Mr.
Kahn has the authority to vote (2) Mr. Kahn has the
sole power to vote 4,950,334 shares pursuant to the
Family Stockholders Agreement (as defined herein)
and (3) Mr. Kahn owns 68,600 shares as the sole
trustee of a trust for the benefit of his minor
children;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition -
5,754,553 shares of Class A Common Stock. Of these
shares, (1) Mr. Kahn directly owns 5,384,390 shares
and (2) Mr. Kahn owns 68,600 shares as the sole
trustee of a trust for the benefit of his minor
children;
(iv) Shared power to dispose or to direct the disposition
- 12,371,180 shares of Class A Common Stock. Of
these shares, (1) 11,426,136 shares (11,425,000 of
which are in the form of Class B Common Stock) are
held by dELiA*s Group Inc., a wholly owned
subsidiary of the Issuer, and a subsidiary of
dELiA*s Group Inc. and (2) 945,044 shares are
held by iTurf Finance Company, a wholly owned
subsidiary of the Issuer. Mr. Kahn may be deemed to
be the beneficial owner of these shares because he
is the direct owner of approximately 15.6% of the
outstanding shares of the Issuer and controls
approximately 28.6% of the voting power in the
Issuer as a result of the Family Stockholders
Agreement. Mr. Kahn disclaims beneficial ownership
of these shares, and this Statement should not be
deemed an admission that Mr. Kahn is the beneficial
owner of these shares for any purpose.
With respect to Elizabeth Kahn:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition -
352,062 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Robert Karetsky:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition -
892,283 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Geraldine Karetsky:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition -
1,677,437 shares of Class A Common Stock. Of these
shares, (1) Ms. Karetsky owns 1,664,822 shares as
trustee of the Geraldine Karetsky 2000 Trust and (2)
Ms. Karetsky owns 12,615 shares as trustee of The
Ruth Kahn Trust f/b/o Sidney S. Kahn;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Robin Kahn:
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PAGE 22 OF 25 PAGES
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition -
405,933 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Jeffrey Kahn:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 376,778 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Anne Kahn:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 414,508 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Andrew Karetsky:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 234,433 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Jennifer A.K. Andres:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 237,863 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Maxine Kahn:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 152,967 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Arlene Epstein:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 13,534 shares of Class A Common Stock;
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(iv) Shared power to dispose or to direct the disposition
- 0.
PAGE 23 OF 25 PAGES
With respect to Joanna Bober:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 7,532 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Arthur Bober:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 15,764 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Elizabeth May:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 30,408 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
With respect to Judith Goldman:
(i) Sole power to vote or to direct the vote - 0;
(ii) Shared power to vote or to direct the vote - 0;
(iii) Sole power to dispose or to direct the disposition
- 58,824 shares of Class A Common Stock;
(iv) Shared power to dispose or to direct the disposition
- 0.
(c) None.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER
The reporting persons have entered into the Family Stockholders
Agreement dated December 18, 1996 (the "Family Stockholders Agreement"), which
is incorporated herein by reference as Exhibit 3. The Family Stockholders
Agreement gives Stephen I. Kahn the right to vote all the shares of Class A
Common Stock owned by the reporting persons on all matters that come before the
Issuer's stockholders. The Family Stockholders Agreement will expire on December
18, 2006.
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PAGE 24 OF 25 PAGES
Stephen I. Kahn is the sole trustee of a trust for the benefit of his
minor children and, pursuant to the terms of the trust, has the sole right to
vote and direct the disposition of the shares of Class A Common Stock owned by
such trust.
Geraldine Karetsky is the trustee of each of the Geraldine Karetsky
2000 Trust and The Ruth Kahn Trust f/b/o Sidney S. Kahn and, pursuant to the
terms of such trusts, has the sole right to vote and direct the disposition of
the shares of Class A Common Stock owned by such trusts.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1. Agreement and Plan of Merger dated August 16, 2000, by and
among iTurf, Merger Sub and Old dELiA*s
Exhibit 2. Amendment dated October 12, 2000 to Agreement and Plan of
Merger dated August 16, 2000, by and among iTurf, Merger
Sub and Old dELiA*s
Exhibit 3. Form of Family Stockholders Agreement among Old dELiA*s,
Stephen I. Kahn and the persons listed on Exhibit A thereto
Exhibit 4. Power of Attorney
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SIGNATURE
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.
Dated: November 20, 2000
/s/ Stephen I. Kahn
------------------------------------
Stephen I. Kahn, individually and
as attorney-in-fact for each of the
other reporting persons
