ALLOU HEALTH & BEAUTY CARE INC
SC 13G/A, 1998-02-13
DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                              (Amendment No. 6 )*



                        Allou Health & Beauty Care, Inc.
     ---------------------------------------------------------------------
                                (Name of Issuer)

                 Class A Common Stock, par value $.001 per share
     ---------------------------------------------------------------------
                         (Title of Class of Securities)

                                   019782 10 1
              ----------------------------------------------------
                                 (CUSIP Number)





SEC 1745 (2-95)

                                Page 1 of 5 pages

<PAGE>





- ---------------------                                          -----------------
CUSIP No. 019782 10 1                13G                       Page 2 of 5 Pages
- ---------------------                                          -----------------



- --------------------------------------------------------------------------------
     1        NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                    Herman Jacobs
- --------------------------------------------------------------------------------
     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

                    USA
- --------------------------------------------------------------------------------
        NUMBER OF                5       SOLE VOTING POWER
          SHARES
       BENEFICIALLY                          448,750
         OWNED BY             --------------------------------------------------
           EACH                  6       SHARED VOTING POWER
        REPORTING
          PERSON                             -0-
           WITH               --------------------------------------------------
                                 7       SOLE DISPOSITIVE POWER

                                             448,750
                              --------------------------------------------------
                                 8       SHARED DISPOSITIVE POWER

                                             -0-
- --------------------------------------------------------------------------------
     9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                    448,750
- --------------------------------------------------------------------------------
    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

                    7.62%
- --------------------------------------------------------------------------------
    12        TYPE OF REPORTING PERSON*

                    IN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

SEC 1745 (2-95)

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<PAGE>



- ---------------------                                          -----------------
CUSIP No. 019782 10 1                13G                       Page 3 of 5 Pages
- ---------------------                                          -----------------



           Except as to Item 4, no  change  has  occurred  with  respect  to the
answer to any items of this  Schedule  from the  information  last  reported  in
respect of such item.

ITEM 4.    OWNERSHIP.  As of December 31, 1997:

           (a)        Amount beneficially owned: 448,750 shares.

                      (i) Includes the following shares of Class A Common Stock,
           par value $.001 per share (the "Class A Common  Stock"),  held by Mr.
           Jacobs:  25,000  shares of Class A Common  Stock held by Mr.  Jacobs;
           34,000 shares of Class A Common Stock issuable upon exercise of stock
           options held by Mr. Jacobs and exercisable at $7.70 per share; 20,000
           shares  of Class A  Common  Stock  issuable  upon  exercise  of stock
           options held by Mr. Jacobs and  exercisable  at $6.60 per share;  and
           18,750 shares of Class A Common Stock issuable upon exercise of stock
           options held by Mr. Jacobs and  exercisable at $6.47 per share.  Does
           not include the following  shares of Class A Common Stock held by Mr.
           Jacobs  that he does not have the  right to  acquire  within 60 days:
           20,000 shares of Class A Common Stock issuable upon exercise of stock
           options held by Mr. Jacobs and  exercisable  at $6.60 per share;  and
           56,250 shares of Class A Common Stock issuable upon exercise of stock
           options held by Mr. Jacobs and exercisable at $6.47 per share.

                      (ii)  Includes  the  following  shares  of  Class B Common
           Stock,  par value $.001 per share (the "Class B Common Stock"),  held
           by Mr.  Jacobs:  293,750  shares of Class B Common  Stock held by Mr.
           Jacobs;  41,000 shares of Class B Common Stock issuable upon exercise
           of stock  options  held by Mr.  Jacobs and  exercisable  at $7.70 per
           share,  such  Class B Common  Stock is  convertible  at any time into
           Class A Common Stock on a share for share basis; and 16,250 shares of
           Class B Common Stock  issuable upon exercise of stock options held by
           Mr. Jacobs and  exercisable at $6.47 per share.  Does not include the
           following  shares of Class B Common Stock held by Mr.  Jacobs that he
           does not have the right to acquire within 60 days:  100,000 shares of
           Class B Common Stock  issuable upon exercise of stock options held by
           Mr. Jacobs and exercisable at $5.80 per share; 25,000 shares of Class
           B Common Stock  issuable  upon  exercise of stock options held by Mr.
           Jacobs and exercisable at $7.70 per share; and 48,750 shares of Class
           B Common stock  issuable  upon  exercise of stock options held by Mr.
           Jacobs and exercisable at $6.47 per share.

                      Each  share of Class B Common  Stock  has five  votes  per
           share; each share of Class A Common Stock has one vote per share.



SEC 1745 (2-95)

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<PAGE>



- ---------------------                                          -----------------
CUSIP No. 019782 10 1                13G                       Page 4 of 5 Pages
- ---------------------                                          -----------------


           (b)        Percent of Class:       7.62%

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

                      (i)        sole power to vote or direct the vote: 
                                 448,750

                      (ii)       shared power to vote or direct the vote:
                                 None

                      (iii)      sole power to dispose or direct the disposition
                                 of: 448,750

                      (iv)       shared   power  to   dispose   or  direct   the
                                 disposition of: None




SEC 1745 (2-95)

                                Page 4 of 5 pages

<PAGE>



- ---------------------                                          -----------------
CUSIP No. 019782 10 1                13G                       Page 5 of 5 Pages
- ---------------------                                          -----------------

                                    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.

                                                            February 13, 1998
                                                     ---------------------------
                                                                 Date
                                                          /s/ Herman Jacobs
                                                     
                                                     ---------------------------
                                                               Signature
                                                     
                                                             Herman Jacobs
                                                     ---------------------------
                                                                 Name
                          

SEC 1745 (2-95)

                                Page 5 of 5 pages



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