KELLWOOD CO
SC 13G/A, 1999-12-16
WOMEN'S, MISSES', AND JUNIORS OUTERWEAR
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<PAGE>


                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934
                                 Amendment No. 1



                                Kellwood Company
- -------------------------------------------------------------------------------
                                (Name of Issuer)



                          Common Stock, $0.01 par value
- -------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    488044108
                  --------------------------------------------
                                 (CUSIP Number)





                                 December 9, 1999
- -------------------------------------------------------------------------------
             (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)



                               Page 1 of 16 pages
<PAGE>

- -----------------------
  CUSIP No. 488044108                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           Goldman, Sachs & Co.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           New York

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               186,971
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               186,971

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           186,971

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.7%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           BD-PN-IA

- ------------------------------------------------------------------------------



                               Page 2 of 16 pages
<PAGE>

- -----------------------
  CUSIP No. 488044108                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           The Goldman Sachs Group, Inc.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           Delaware

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               186,971
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               186,971

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           186,971

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.7%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           HC-CO

- ------------------------------------------------------------------------------



                               Page 3 of 16 pages
<PAGE>

- -----------------------
  CUSIP No. 488044108                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           GS Capital Partners, L.P.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           Delaware

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               167,630
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               167,630

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           167,630

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.6%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           PN

- ------------------------------------------------------------------------------



                               Page 4 of 16 pages
<PAGE>

- -----------------------
  CUSIP No. 488044108                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           GS Advisors, L.P.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           Delaware

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               167,630
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               167,630

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           167,630

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.6%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           PN

- ------------------------------------------------------------------------------



                               Page 5 of 16 pages
<PAGE>

- -----------------------
  CUSIP No. 488044108                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           Stone Street Fund 1994, L.P.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           Delaware

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               9,098
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               9,098

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           9,098

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.0%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           PN

- ------------------------------------------------------------------------------



                               Page 6 of 16 pages
<PAGE>

- -----------------------
  CUSIP No. 488044108                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           Bridge Street Fund 1994, L.P.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           Delaware

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               9,526
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               9,526

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           9,526

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.0%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           PN

- ------------------------------------------------------------------------------



                               Page 7 of 16 pages
<PAGE>

- -----------------------
  CUSIP No. 488044108                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           Stone Street 1994, L.L.C.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           Delaware

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               18,624
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               18,624

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           18,624

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.1%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           OO

- ------------------------------------------------------------------------------



                               Page 8 of 16 pages
<PAGE>
Item 2(a).         Name of Persons Filing:
                   Goldman,  Sachs & Co.,  The  Goldman  Sachs  Group, Inc.,  GS
                   Capital Partners, L.P.,  GS Advisors, L.P., Stone Street Fund
                   1994, L.P.,  Bridge Street Fund 1994, L.P. and  Stone  Street
                   1994, L.L.C.

Item 2(c).         Citizenship:
                   Goldman, Sachs & Co. - New York
                   The Goldman Sachs Group, Inc. - Delaware
                   GS Capital Partners, L.P. - Delaware
                   GS Advisors, L.P. - Delaware
                   Stone Street Fund 1994, L.P. - Delaware
                   Bridge Street Fund 1994, L.P. - Delaware
                   Stone Street 1994, L.L.C. - Delaware

Item 4.            Ownership.(1)(2)

          (a).     Amount beneficially owned:
                   See the response(s) to Item  9 on the attached cover page(s).

          (b).     Percent of Class:
                   See the response(s) to Item 11 on the attached cover page(s).

          (c).     Number of shares as to which such person has:

                   (i).     Sole power to  vote or to direct  the vote:  See the
                            response(s) to Item 5 on the attached cover page(s).

                   (ii).    Shared power to vote or to direct the vote:  See the
                            response(s) to Item 6 on the attached cover page(s).

                   (iii).   Sole power to  dispose or to direct  the disposition
                            of:  See the response(s) to  Item 7  on the attached
                            cover page(s).

                   (iv).    Shared power to dispose or to direct the disposition
                            of:  See the response(s) to  Item 8  on the attached
                            cover page(s).

Item 5.            Ownership of Five Percent or Less of a Class.
                   If this statement is being  filed to report the  fact that as
                   of the date  hereof the reporting  persons have  ceased to be
                   the  beneficial  owners of  more  than  five  percent  of the
                   class of securities, check the following [X].

Item 7.            Identification  and  Classification  of the Subsidiary  Which
                   Acquired the Security Being Reported on by the Parent Holding
                   Company.
                             See Exhibit (99.2)

Item 10.           Certification.
                   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.

- --------------------------
  (1) In accordance with Securities and Exchange Commission  ("SEC") Release No.
34-39538  (January 12,  1998),  this filing  reflects the fact that GS Group and
Goldman,  Sachs & Co.  ("Goldman  Sachs") will no longer  report the  beneficial
ownership of the securities  beneficially owned by the asset management division
of  Goldman  Sachs  (the  "Asset  Management  Division").  The Asset  Management
Division  will  separately  report,  to  the  extent  required,  its  beneficial
ownership of securities.

   (2) GS Group  and  Goldman Sachs each  disclaim beneficial  ownership of  the
securities  beneficially  owned by (i) any client accounts with respect to which
Goldman   Sachs  or  employees  of  Goldman  Sachs  have  voting  or  investment
discretion,  or both and (ii) certain investment entities, of which a subsidiary
of GS Group or Goldman Sachs is the general partner, managing general partner or
other  manager,  to the extent  interests  in such  entities are held by persons
other than GS Group, Goldman Sachs or their affiliates.


                               Page 9 of 16 pages
<PAGE>



                                    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.


Date:  December 16, 1999



GOLDMAN, SACHS & CO.                      THE GOLDMAN SACHS GROUP, INC.

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



GS CAPITAL PARTNERS, L.P.                 GS ADVISORS, L.P.

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



STONE STREET FUND 1994, L.P.              BRIDGE STREET FUND 1994, L.P.

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



STONE STREET 1994, L.L.C.

By:/s/ Hans L. Reich
- ---------------------------------
Name:  Hans L. Reich
Title: Attorney-in-fact



                               Page 10 of 16 pages
<PAGE>

                                INDEX TO EXHIBITS



Exhibit No.         Exhibit
- -----------         -------

  99.1              Joint  Filing  Agreement,  dated December 16, 1999,  between
                    Goldman Sachs & Co.,  The  Goldman  Sachs  Group,  Inc.,  GS
                    Capital Partners, L.P., GS Advisors, L.P., Stone Street Fund
                    1994, L.P.,  Bridge Street Fund 1994, L.P. and  Stone Street
                    1994, L.L.C.

  99.2              Item 7 Information

  99.3              Power of Attorney,  dated  December 16,  1999,  relating  to
                    Stone  Street Fund 1994, L.P.

  99.4              Power of Attorney,  dated  December 16,  1999,  relating  to
                    Bridge Street Fund 1994, L.P.

  99.5              Power of Attorney,  dated  December 16,  1999,  relating  to
                    Stone  Street 1994, L.L.C.



                              Page 11 of 16 pages
<PAGE>

                                                                  EXHIBIT (99.1)



                             JOINT FILING AGREEMENT



     In  accordance  with  Rule 13d-1(k)(1)  promulgated  under  the  Securities
Exchange Act of 1934, the  undersigned  agree to the joint filing of a Statement
on Schedule 13G (including  any and all amendments  thereto) with respect to the
Common Stock,  $0.01 par value,  of Kellwood  Company,  and further agree to the
filing of this agreement as an Exhibit thereto. In addition,  each party to this
Agreement expressly authorizes each other party to this Agreement to file on its
behalf any and all amendments to such Statement on Schedule 13G.


Date:  December 16, 1999



GOLDMAN, SACHS & CO.                      THE GOLDMAN SACHS GROUP, INC.

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



GS CAPITAL PARTNERS, L.P.                 GS ADVISORS, L.P.

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



STONE STREET FUND 1994, L.P.              BRIDGE STREET FUND 1994, L.P.

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



STONE STREET 1994, L.L.C.

By:/s/ Hans L. Reich
- ---------------------------------
Name:  Hans L. Reich
Title: Attorney-in-fact



                               Page 12 of 16 pages
<PAGE>

                                                                  EXHIBIT (99.2)



                               ITEM 7 INFORMATION



     The securities being reported on by  The  Goldman  Sachs  Group,  Inc. ("GS
Group"),  as a parent holding company,  are owned by GS Capital Partners,  L.P.,
Stone Street Fund 1994,  L.P., or Bridge Street Fund 1994,  L.P. (the "Investing
Entities"),   each  a  Delaware  limited  partnership,  or  The  Hull  Group,  a
wholly-owned  subsidiary  of GS  Group,  or are  owned,  or may be  deemed to be
beneficially  owned,  by Goldman,  Sachs & Co.  ("Goldman  Sachs"),  a broker or
dealer  registered  under  Section  15 of  the  Act  and an  investment  adviser
registered under Section 203 of the Investment Advisers Act of 1940. The general
partner,  managing  general  partner or other  manager of each of the  Investing
Entities is an affiliate of GS Group. Goldman Sachs is the investment manager of
certain of the Investing  Entities.  GS Group is a general partner of and owns a
99% interest in Goldman Sachs.



                               Page 13 of 16 pages
<PAGE>

                                                                   Exibit (99.3)



                                POWER OF ATTORNEY


     KNOW ALL PERSONS BY THESE PRESENTS  that  STONE STREET FUND 1994, L.P. (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall remain in full force and effect until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of December 16, 1999.


STONE STREET FUND 1994, L.P.

By: Stone Street 1994, L.L.C.


By:/s/ Kaca B. Enquist
- ---------------------------------
Name:  Kaca B. Enquist
Title: Vice President



                               Page 14 of 16 pages
<PAGE>

                                                                   Exibit (99.4)



                                POWER OF ATTORNEY


     KNOW ALL PERSONS BY THESE PRESENTS  that BRIDGE STREET FUND 1994, L.P. (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall remain in full force and effect until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of December 16, 1999.


BRIDGE STREET FUND 1994, L.P.

By: Stone Street 1994, L.L.C.


By:/s/ Kaca B. Enquist
- ---------------------------------
Name:  Kaca B. Enquist
Title: Vice President



                               Page 15 of 16 pages
<PAGE>

                                                                   Exibit (99.5)



                                POWER OF ATTORNEY


     KNOW ALL  PERSONS BY  THESE  PRESENTS  that  STONE STREET 1994, L.L.C. (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall remain in full force and effect until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of December 16, 1999.


STONE STREET 1994, L.L.C.


By:/s/ Kaca B. Enquist
- ---------------------------------
Name:  Kaca B. Enquist
Title: Vice President


                               Page 16 of 16 pages


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