UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No.1
LOEHMANN'S, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
540417102
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(CUSIP Number)
Page 1 of 4 pages
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CUSIP No. 540407102 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON - S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Entrecanales Y Tavora, S.A. N/A
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
N/A
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Spain
NUMBER OF 5 SOLE VOTING POWER
SHARES N/A
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY N/A
EACH 7 SOLE DISPOSITIVE POWER
REPORTING N/A
PERSON 8 SHARED DISPOSITIVE POWER
WITH N/A
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
N/A
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
N/A
12 TYPE OF REPORTING PERSON*
The Schedule 13G Report is filed pursuant to Rule 13d-1(c)
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT
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Item 1.
(a) Name of Issuer
Loehmann's, Inc.
(B) Address of Issuer's Principal Executive Offices
2500 Halsey Street
Bronx, NY 10461
Item 2.
(a) Name of Person Filing
Entrecanales Y Tavora, S.A.
The company filing this report owns a majority interest in Sefinco
Limited, a Bermuda company, the direct owner of the common stock
subject to this report. The company may therefore be deemed the
beneficial owner of such stock.
(b) Address of Principal Business Office or, if none, Residence
Cardenal Marcelo Spinola, 6
Edificio E
28016 Madrid
Spain
(c) Citizenship
Spain
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
540417102
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not applicable
Item 4. Ownership
If the percent of the class owned, as of December 31 of the year covered by
the statement, or as of the last day of any month described in Rule 13d-1(b)(2),
if applicable, exceeds five percent, provide the following information as of
that date and identify those shares which there is a right to acquire.
Not applicable
Page 3 of 4 pages
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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 person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [x].
The aggregate amount beneficially owned by the reporting person is
289,026 shares, representing 3.224% of the common stock (subject to
this report) outstanding as of December 5, 1997.
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
The company filing this report owns a majority of the voting stock of
Sefinco Limited, a Bermuda company with its principal address at Cedar
House, 41 Cedar Avenue, Hamilton HM12, Bermuda, which is the direct
owner of the common stock subject to this report. The company may
therefore be deemed the beneficial owner of such common stock.
Item 8. Identification and Classification of Members of the Group
Not applicable
Item 9. Notice of Dissolution of Group
Not applicable
Item 10. Certification
Not applicable
SIGNATURE
After a 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: January 23, 1998
ENTRECANALES Y TAVORA, S.A.
/s/Jose Manuel Entrecanales
---------------------------
Jose Manuel Entrecanales
Vice President
Page 4 of 4 pages
