<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
CHEROKEE INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 Per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
16444H102
-------------------------------------------------
(CUSIP Number)
Michael E. Cahill, Esq. (213) 244-0000
Managing Director & General Counsel 865 South Figueroa Street, Suite 1800
The TCW Group, Inc. Los Angeles, California 90017
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
October 31, 1995
- --------------------------------------------------------------------------------
(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(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with the statement / /. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
SCHEDULE 13D
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- ----------------------------------- -------------------------------------------------------
CUSIP NO.16444H102 PAGE 2 OF 15 PAGES
- ----------------------------------- -------------------------------------------------------
- ----------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The TCW Group, Inc.
- ----------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ /
(b)/ /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
Not applicable.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ----------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
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7 SOLE VOTING POWER
NUMBER OF
330,000
SHARES ---------------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY ---------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH
330,000
REPORTING ---------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
PERSON
-0-
WITH
- ----------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
330,000
- ----------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ----------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.1%
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14 TYPE OF REPORTING PERSON*
HC, CO
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
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- ----------------------------------- -------------------------------------------------------
CUSIP NO.16444H102 PAGE 3 OF 15 PAGES
- ----------------------------------- -------------------------------------------------------
- ----------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TCW Asset Management Company
- ----------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ /
(b)/ /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
Not applicable.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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7 SOLE VOTING POWER
NUMBER OF
330,000
SHARES ---------------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY ---------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH
330,000
REPORTING ---------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
PERSON
-0-
WITH
- ----------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
330,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ----------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.1%
- ----------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO, IA
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C>
- ----------------------------------- -------------------------------------------------------
CUSIP NO.16444H102 PAGE 4 OF 15 PAGES
- ----------------------------------- -------------------------------------------------------
- ----------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Crescent/MACH I G.P. Corporation
- ----------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ /
(b)/ /
- ----------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
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7 SOLE VOTING POWER
NUMBER OF
165,000
SHARES ---------------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY ---------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH
165,000
REPORTING ---------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
PERSON
-0-
WITH
- ----------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
165,000
- ----------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ----------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.55%
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14 TYPE OF REPORTING PERSON*
CO
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
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- ----------------------------------- -------------------------------------------------------
CUSIP NO.16444H102 PAGE 5 OF 15 PAGES
- ----------------------------------- -------------------------------------------------------
- ----------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TCW Shared Opportunity Fund II, L.P.
- ----------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ /
(b)/ /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
Not applicable.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF
165,000
SHARES ---------------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY ---------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH
165,000
REPORTING ---------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
PERSON
-0-
WITH
- ----------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
165,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ----------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.55%
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14 TYPE OF REPORTING PERSON*
PN
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C>
- ----------------------------------- -------------------------------------------------------
CUSIP NO.16444H102 PAGE 6 OF 15 PAGES
- ----------------------------------- -------------------------------------------------------
- ----------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Crescent/MACH I Partners, L.P.
- ----------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ /
(b)/ /
- ----------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable.
- ----------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ----------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
165,000
SHARES ---------------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY ---------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH
165,000
REPORTING ---------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
PERSON
-0-
WITH
- ----------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
165,000
- ----------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ----------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.55%
- ----------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ----------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
ITEM 1. SECURITY AND ISSUER
This Statement relates to the Common Stock, par value $0.01 per share ("Common
Stock"), of Cherokee Inc., a Delaware corporation (the "Issuer"). The address
of the principal executive office of the Issuer is 6835 Valjean Avenue, Van
Nuys, California 91406.
ITEM 2. IDENTITY AND BACKGROUND
This Statement is filed on behalf of:
(1) The TCW Group, Inc., a Nevada corporation ("TCWG");
(2) TCW Asset Management Company, a California corporation and wholly-owned
subsidiary of TCWG ("TAMCO");
(3) Crescent/MACH I G.P. Corporation, a Texas corporation and wholly-owned
subsidiary of TAMCO ("Crescent G.P.");
(4) TCW Shared Opportunity Fund II, L.P., a Delaware limited partnership of
which TAMCO is the General Partner ("SHOP II"); and
(5) Crescent/MACH I Partners, L.P., a Delaware Limited Partnership of which
Crescent G.P. is the General Partner ("MACH I").
SHOP II and MACH I are hereinafter collectively referred to as the "Investing
L.P.'s." TCWG, TAMCO, Crescent G.P., and the Investing L.P.'s are hereinafter
collectively referred to as the "TCW Related Entities."
TCWG is a holding company of entities involved in the principal business of
providing investment advice and management services. TAMCO is an investment
adviser and provides investment advice and management services to institutional
and individual investors, including the Investing L.P.'s. SHOP II is an
investment partnership which invests primarily in below-investment-grade debt
securities including obligations of companies in financial distress and/or
bankruptcy, public and private securities and loans which appear to be
undervalued, and other types of securities and loans, including short sales,
options, partnership interests, trade claims and promissory notes. MACH I is
an investment partnership which invests in a diversified portfolio of senior
and subordinated indebtedness of U.S. corporations, partnerships and other
entities, and of equity interests of U.S. and or foreign corporations,
partnerships and other entities.
The sole purpose of this Schedule 13D Amendment No. 2 filing is to report:
(i) that SHOP II, effective October 31, 1995, changed its name from Crescent
Shared Opportunity Fund II, L.P. to TCW Shared Opportunity Fund II,
L.P.;
(ii) that TAMCO, as of October 31, 1995, acquired 100% of the capital stock
of Crescent G.P.;
(iii) that TAMCO, as of October 31, 1995, was substituted as G.P. of MACH I;
and
(iv) that Crescent G.P. and the Investing L.P.'s have withdrawn from and
disclaim inclusion in the group described in Item 2 of the Amendment
No. 1 Schedule 13D filing, which this filing amends (the "Amendment
No. 1 Schedule 13D").
(a)-(c) & (f)
(i) The executive officers of TCWG are listed below. The principal business
address and principal executive office address for TCWG and its executive
officers is 865 South Figueroa Street, Suite 1800, Los Angeles, California,
90017. Each executive officer is a citizen of the United States of America
unless otherwise specified below:
7
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<TABLE>
<CAPTION>
EXECUTIVE OFFICERS
<S> <C>
Robert A. Day Chairman of the Board & Chief Executive Officer
Ernest O. Ellison Vice Chairman of the Board
Marc I. Stern President
Alvin R. Albe, Jr. Executive Vice President, Finance & Administration
Thomas E. Larkin, Jr. Executive Vice President & Group Managing Director
Michael E. Cahill Managing Director, General Counsel & Secretary
David K. Sandie Managing Director, Chief Financial Officer & Assistant Secretary
</TABLE>
Schedule I attached hereto and incorporated herein sets forth with respect to
each director of TCWG his or her name, residence or business address,
citizenship, present principal occupation or employment and the name, principal
business and address of any corporation or other organization in which such
employment is conducted.
(ii) The executive officers and directors of TAMCO are listed below. The
principal business address and principal executive office address for TAMCO and
its executive officers and directors is 865 South Figueroa Street, Suite 1800,
Los Angeles, California, 90017. Each executive officer and director is a
citizen of the United States of America unless otherwise specified below:
<TABLE>
<CAPTION>
EXECUTIVE OFFICERS & DIRECTORS
<S> <C>
Robert A. Day Chairman of the Board & Chief Executive Officer
Thomas E. Larkin, Jr. Director & Vice Chairman of the Board
Marc I. Stern Director, Vice Chairman of the Board & Chief Investment Officer - International
Ernest O. Ellison Chief Investment Officer - Domestic Fixed Income
Alvin R. Albe, Jr. Director, Executive Vice President, Finance & Administration
Michael E. Cahill Managing Director, General Counsel & Secretary
David K. Sandie Managing Director, Chief Financial Officer & Assistant Secretary
Hilary G.D. Lord Senior Vice President, Chief Compliance Officer & Assistant Secretary
</TABLE>
(iii) The executive officers and directors of Crescent G.P. are listed
below. The principal business address of Crescent G.P. and its executive
officers and directors is 11100 Santa Monica Boulevard, Suite 2050, Los Angeles,
California 90067. The principal executive office address of Crescent G.P. and
its executive officers and directors is 865 South Figueroa Street, Los Angeles,
California 90017. The principal business of Crescent G.P. is to act as the
general partner of MACH I. Each executive officer and director is a citizen of
the United States of America.
<TABLE>
<CAPTION>
EXECUTIVE OFFICERS AND DIRECTORS
<S> <C>
Thomas O. Hicks President
Robert D. Beyer Director, Senior Vice President and Secretary
Paul D. Stone Vice President, Treasurer and Assistant Secretary
Mark L. Attanasio Director and Senior Vice President
Jean-Marc Chapus Director, Vice President and Assistant Secretary
Donald J. Puglisi Director and Vice President
</TABLE>
(iv) TAMCO is the sole general partner of SHOP II. See information in
paragraph (ii) above regarding TAMCO and its executive officers and directors.
(v) Crescent G.P. is the sole general partner of MACH I. See information
in paragraph (iii) above regarding Crescent G.P. and its executive officers and
directors.
8
<PAGE>
(d)-(e)
During the last five years, neither the TCW Related Entities, nor, to the best
of their knowledge, any of their respective executive officers, directors and
general partners (i) have been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors); or (ii) have been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceedings was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
No securities of the Issuer have been acquired by any of the TCW Related
Entities since the filing of the Amendment No. 1 Schedule 13D by the Investing
L.P.'s. Please see Item 2 above for further clarification regarding the change
in control of Crescent G.P. and the Investing L.P.'s and their withdrawal from
the group described in the Amendment No. 1 Schedule 13D. As previously
disclosed in the Amendment No. 1 Schedule 13D, the Investing L.P.'s utilized
funds available for investment for the acquisition of their shares of the
Issuer's Common Stock.
ITEM 4. PURPOSE OF TRANSACTION
This Amendment No. 2 to Schedule 13D does not report the acquisition of any
additional shares of the Issuer's Common Stock by any of the TCW Related
Entities, but rather is being filed to report the change in control of Crescent
G.P. and the Investing L.P.'s (described in Item 2, above). In addition,
Crescent G.P. and the Investing L.P.'s have withdrawn from the group described
in Item 2 of the Amendment No. 1 Schedule 13D (the "Group"). Crescent G.P.'s
and the Investing L.P.'s withdrawal from the Group has thereby changed the
purpose for which the Investing L.P.'s hold shares of the Issuer's Common Stock.
Crescent G.P. and the Investing L.P.'s now hold shares of the Issuer's Common
Stock solely and exclusively for investment purposes, and expressly without any
intent, purpose or effect of changing or influencing control of the Issuer.
ITEM 5. INTEREST AND SECURITIES OF THE ISSUER
(a) As of the date of the filing of the originally filed Schedule 13D, the
Amendment No. 1 Schedule 13D and as of the date of this Amendment No. 2 to
Schedule 13D, MACH I beneficially owns 165,000 shares of the Issuer's Common
Stock which is approximately 2.55% of the outstanding shares of the Issuer's
Common Stock; Crescent G.P., as the general partner of MACH I, may be deemed to
beneficially own 165,000 shares of the Issuer's Common Stock which is
approximately 2.55% of the outstanding shares of the Issuer's Common Stock.
As of the date of the filing of the originally filed Schedule 13D, the
Amendment No. 1 Schedule 13D and as of the date of this Amendment No. 2 to
Schedule 13D, SHOP II beneficially owns 165,000 shares of the Issuer's Common
Stock which is approximately 2.55% of the outstanding shares of the Issuer's
Common Stock.
TAMCO, as the general partner of SHOP II, the parent corporation of Crescent
G.P. and as the investment adviser of SHOP II and MACH I, may be deemed to
beneficially own shares of the Issuer's Common Stock held by the Investing
L.P.'s, all of which constitutes 330,000 shares or approximately 5.1% of the
outstanding shares of the Issuer's Common Stock.
TCWG, as the parent corporation of TAMCO, may be deemed to beneficially own
shares of the Issuer's Common Stock deemed to be owned by the Investing L.P.'s,
all of which constitutes 330,000 shares of the Issuer's Common Stock
(approximately 5.1% of the outstanding shares of the Issuer's Common Stock).
TCWG, TAMCO and Crescent G.P. each disclaims beneficial ownership of the shares
of the Issuer's Common Stock reported herein and the filing of this Statement
shall not be construed as an admission that any such entity is the beneficial
owner of any securities covered by this Statement.
9
<PAGE>
(b) TAMCO, as the sole general partner of SHOP II, has discretionary authority
and control over all of the assets of SHOP II pursuant to the limited
partnership agreement of SHOP II including the power to vote and dispose of the
Issuer's Common Stock held by SHOP II. TAMCO, as the parent of Crescent G.P.,
may be deemed to have the power to vote and dispose of the shares of the
Issuer's Common Stock that are held by MACH I. Crescent G.P., as the sole
general partner of MACH I, has discretionary authority and control over all of
the assets of MACH I pursuant to the limited partnership agreement of MACH I
including the power to vote and dispose of the Issuer's Common Stock held by
MACH I. In addition, TAMCO, as the investment manager of the Investing L.P.'s,
has discretionary authority and control over all of the assets of such accounts
pursuant to the investment management agreements relating to such accounts
including the power to vote and dispose of the Issuer's Common Stock held in the
name of the Investing L.P.'s. Therefore, Crescent G.P. has the power to vote
and dispose of 165,000 shares of the Issuer's Common Stock and TAMCO has the
power to vote and dispose of 330,000 shares of the Issuer's Common Stock.
TCWG, as the parent of TAMCO, may be deemed to have the power to vote and
dispose of the shares of the Issuer's Common Stock that the other TCW Related
Entities have power to vote and dispose, all of which constitutes 330,000
shares of the Issuer's Common Stock.
(c) None of the TCW Related Entities, and to the best of their knowledge, none
of their respective executive officers, directors or general partners, have
effected transactions involving the Issuer's Common Stock during the last 60
days.
(d) None.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
TAMCO, as investment adviser of the Investing L.P.'s, receives a fee for
managing the assets of each Investing L.P.
There are no contracts, understandings or relationships (legal or otherwise)
among or between any member of the TCW Related Entities or, to the best of their
knowledge, their respective executive officers, directors or general partners or
between or among any of such persons and with respect to any securities of the
Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The following are filed herewith as Exhibits to this Schedule 13D and are
thereby incorporated herein:
Exhibit 1.1- Agreement of TCW Related Entities regarding a joint Schedule 13D
(and such amendments as may become necessary) with respect to the
Common Stock of Cherokee Inc. dated as of November 17, 1995.
10
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certify that the information set forth in this Statement is true,
complete and correct.
Dated as of the seventeenth day of November, 1995.
THE TCW GROUP, INC.
_______________________________________
Michael E. Cahill
Managing Director and General Counsel
TCW ASSET MANAGEMENT COMPANY
_______________________________________
Mohan V. Phansalkar, Vice President,
Associate General Counsel and
Assistant Secretary
CRESCENT/MACH I G.P. CORPORATION
_______________________________________
Nicholas W. Tell, Jr.
Assistant Secretary
TCW SHARED OPPORTUNITY FUND II, L.P.
_______________________________________
Mohan V. Phansalkar
Vice President, Associate General Counsel and
Assistant Secretary of TCW Asset Management
Company, the general partner of TCW Shared
Opportunity Fund II, L.P.
CRESCENT/MACH I PARTNERS, L.P.
_______________________________________
Nicholas W. Tell, Jr.
Assistant Secretary of Crescent/MACH I G.P.
Corporation, the general partner of Crescent/MACH I
Partners, L.P.
11
<PAGE>
SCHEDULE I
BOARD OF DIRECTORS
OF
THE TCW GROUP, INC.
All of the following individuals are directors of The TCW Group, Inc. Each
director is a citizen of the United States of America unless otherwise specified
below:
<TABLE>
<CAPTION>
<S> <C>
HOWARD P. ALLEN HAROLD R. FRANK
Former Chairman & CEO Chairman of the Board
Southern California Edison Applied Magnetics Corporation
2244 Walnut Grove Blvd. 75 Robin Hill Rd.
Rosemead, CA 91770 Goleta, CA 93017
JOHN M. BRYAN DR. HENRY A. KISSINGER
Partner Chairman
Bryan & Edwards Kissinger Associates, Inc.
600 Montgomery St., 35th Floor 350 Park Ave., 26th Floor
San Francisco, CA 94111 New York, NY 10022
ROBERT A. DAY KENNETH L. LAY
Chairman of the Board, Enron Corp.
Chairman and Chief Executive Officer 1400 Smith Street
Trust Company of the West Houston, TX 77002-7369
200 Park Avenue, Suite 2200
New York, New York 10166 MICHAEL T. MASIN, ESQ.
Vice Chairman
DAMON P. DE LASZLO, ESQ. GTE Corporation
Managing Director of Harwin One Stamford Forum
Engineers S.A., Chairman & D.P. Stamford, CT 06904
Advisers Holdings Limited
Byron's Chambers EDFRED L. SHANNON, JR.
A2 Albany, Piccadilly Investor/Rancher
London W1V 9RD - England 1000 S. Fremont Ave.
(Citizen of United Kingdom) Alhambra, CA 9l802
WILLIAM C. EDWARDS ROBERT G. SIMS
Partner - Bryan & Edwards Private Investor
3000 Sand Hill Road, Suite 190 11828 Rancho Bernardo, Box 1236
Menlo Park, CA 94025 San Diego, CA 92128
ERNEST O. ELLISON CARLA A. HILLS
Vice Chairman 1200 19th Street, N.W.
Trust Company of the West 5th Floor
865 South Figueroa St., Suite 1800 Washington, DC 20036
Los Angeles, California 90017
</TABLE>
12
<PAGE>
EXHIBIT INDEX
<TABLE>
<CAPTION>
Sequential
Exhibit Page
Number Description Number
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<S> <C> <C>
1.1 Agreement of TCW Related Entities regarding a joint 14
Schedule 13D (and such amendments as may become necessary)
with respect to the Common Stock of Cherokee Inc. dated as
of November 17, 1995.
</TABLE>
13
<PAGE>
EXHIBIT 1.1
AGREEMENT
WHEREAS, The TCW Group, Inc. ("TCWG"), TCW Asset Management Company
("TAMCO"), Crescent/MACH I G.P. Corporation ("Crescent G.P."), TCW Shared
Opportunity Fund II, L.P. ("SHOP II") and Crescent/MACH I Partners, L.P. ("MACH
I"), individually or collectively, may be deemed to be a beneficial owner within
the meaning of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), for purposes of Section 13(d) of the Exchange Act of the Common Stock,
$0.01 par value per share, of Cherokee Inc., a Delaware corporation; and
WHEREAS, TCWG, TAMCO, Crescent G.P., SHOP II and MACH I each desires to
satisfy any filing obligation each may have under Section 13(d) of the Exchange
Act by filing a single Schedule 13D pursuant to such Section with respect to
each class of securities;
NOW THEREFORE, TCWG, TAMCO, Crescent G.P., SHOP II and MACH I agree to
file a Schedule 13D under the Exchange Act relating to the Common Stock of
Cherokee Inc. and agree further to file any such amendments thereto as may
become necessary unless and until such time as one of the parties shall give
written notice to the other parties of this Agreement that it wishes to file a
separate Schedule 13D relating to the Common Stock of Cherokee Inc., provided
that each person on whose behalf the Schedule 13D or any amendment is filed is
responsible for the timely filing of such Schedule 13D and any amendments
thereto necessitated by the actions or intentions of such person and for the
completeness and accuracy of the information pertaining to it and its actions
and intentions.
The Agreement may be executed in two or more counterparts, each of which
shall constitute but one instrument.
14
<PAGE>
Dated as of the 17th day of November, 1995.
THE TCW GROUP, INC.
_______________________________________
Michael E. Cahill
Managing Director and General Counsel
TCW ASSET MANAGEMENT COMPANY
_______________________________________
Mohan V. Phansalkar
Vice President, Associate General Counsel &
Assistant Secretary
CRESCENT/MACH I G.P. CORPORATION
_______________________________________
Nicholas W. Tell, Jr.
Assistant Secretary
TCW SHARED OPPORTUNITY FUND II, L.P.
_______________________________________
Mohan V. Phansalkar
Vice President, Associate General Counsel and
Assistant Secretary of TCW Asset Management
Company, the general partner of TCW Shared
Opportunity Fund II, L.P.
CRESCENT/MACH I PARTNERS, L.P.
_______________________________________
Nicholas W. Tell, Jr.
Assistant Secretary of Crescent/MACH I G.P.
Corporation, the general partner of Crescent/
MACH I Partners, L.P.
15
