IC ISAACS & CO INC
8-K, 1999-07-08
KNIT OUTERWEAR MILLS
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                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 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): June 22, 1999


                           I.C. ISAACS & COMPANY, INC.
               (Exact Name of Registrant as Specified in Charter)





           Delaware                     0-23379                    52-1377061
(State or Other Jurisdiction of   Commission File Number      (IRS Employer
         Incorporation)                                      Identification No.)






                3840 Bank Street, Baltimore, Maryland 21224-2522
               (Address of Principal Executive Offices) (ZIP Code)





        Registrant's telephone number, including area code (410) 342-8200



          (Former Name or Former Address, if Changed Since Last Report)


<PAGE>




Item 5.       Other Events.

     On June 22, 1999, I.C. Isaacs & Company, Inc. (the "Company") announced the
retirement  of Gerald W.  Lear,  who  previously  served  as a  Director  and as
President and Chief Operating Officer of the Company.  Robert J. Arnot, Chairman
of the Board and Chief  Executive  Officer,  assumed  the  additional  title and
responsibilities  of President,  effective  June 30, 1999, the effective date of
Mr. Lear's resignation. The Board of Directors has not filled the vacancy on the
Board of Directors created by Mr. Lear's resignation.

Item 7.      Financial Statements, Pro Forma Financial Information and Exhibits.

                (a) and (b) Not Applicable

                (c) Exhibits.  The following exhibit is filed with this report:

                    1.  I.C. Isaacs & Company, Inc. Press Release dated June 22,
                        1999.





                         [Signature on following page.]
















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<PAGE>


                                   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.

                            I.C. ISAACS & COMPANY, INC.




                            /s/ Eugene C. Wielepski
                            ----------------------------------------------------
                            Eugene C. Wielepski
                            Vice President - Finance and Chief Financial Officer


Date:  July 8, 1999


































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<PAGE>


                                  EXHIBIT INDEX
                                  -------------


Exhibit       Description                                      Page No.

(c)(1)        I.C. Isaacs & Company, Inc. Press Release           5
              dated June 22, 1999.







































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<PAGE>





                                 EXHIBIT (c)(1)




I.C. Isaacs & Company, Inc.
3840 Bank Street
Baltimore, Maryland 21224-2522
(Nasdaq:  ISAC)

AT THE COMPANY:                 AT THE FINANCIAL RELATIONS BOARD:
Eugene C. Wielepski             Kelly Lofts - General Inquiries
Chief Financial Officer         Lynn Saywer-Landau-Investor Inquiries
(410) 342-8200                  Alan Goldsand - Media Inquiries
                                (212) 661-8030

June 22, 1999

I.C. Isaacs & Company, Inc. Announces retirement of President Gerald W. Lear

BALTIMORE,  MD - June 22/PRNewswire - I.C.Isaacs & Company,  Inc. (Nasdaq:ISAC -
news)  today  announced  the  retirement  of Gerald W. Lear from the Company and
Board of Directors.  Robert J. Arnot, Chairman and Chief Executive Officer, will
assume the title and responsibilities of President, effective June 30, 1999.

Robert J.  Arnot  commented,  "We  thank  Jerry for the  extensive  efforts  and
commitment he exhibited  during his 37 years with our Company.  We will wish him
well in future endeavors."

I.C. Isaaacs & Company, Inc. is a designer, manufacturer and marketer of branded
sportswear  based in New York City and Baltimore.  The Company offers full lines
of sportswear  for young men, women and boys under the BOSS brand in the United
States and Puerto  Rico,  for men and boys  under the  Beverly  Hills Polo Club
brand in the United States,  Puerto Rico and Europe, and for men and women under
the  Girbaud  brand in the United  States and Puerto  Rico.  The  Company  also
markets  women' pants and jeans under various other  Company-owned  brand names
and under third-party private labels.


                                       ###






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