SEC File Number: 0-10593
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One)
[X] Form 10-K and Form 10-KSB [ ] Form 11-K [ ]
Form 20-F [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: January 31, 1999
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: N/A
Nothing in this Form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
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Part I - Registrant Information
Full Name of Registrant: Candie's, Inc.
Former name if applicable: Millfeld Trading Co., Inc.
Address of Principal
Executive Office (Street and Number): 2975 Westchester Avenue
Purchase, New York 10577
Part II - Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if
appropriate)
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(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-KSB, Form 20-F, Form 11-K or Form N-SAR, or portion thereof,
will be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report or transition
report on Form 10-QSB, or portion thereof, will be filed on or before
the fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
Part III - Narrative
State below in reasonable detail the reasons why the Form 10-KSB, 20-F,
11-K, 10-QSB, N-SAR or the transition report or portion thereof, could not be
filed within the prescribed time period.
The Form 10-K could not be filed within the prescribed time period due to
the Registrant's inability to obtain certain of the necessary information to
complete the preparation of its financial statements on a timely basis, and
accordingly finalize its audited financial statements required in the Form 10-K.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
David Golden (914) 694-8600
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 of 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months (or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify report(s). [X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof? [X] Yes [ ] No
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If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
Candie's, Inc.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
/s/ David Golden
Date: May 3, 1999 ----------------------------------
David Golden
Senior Vice President and
Chief Financial Officer
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ATTACHMENT TO PART IV OF
FORM 12b-25 OF
CANDIE'S, INC.
With respect to its Form 10-K for the fiscal year
ended January 31, 1999
The Registrant estimates that its financial results for the fiscal year
ended January 31, 1999 ("Fiscal 1999") as reflected in its statement of income
to be included in its Form 10-K for Fiscal 1999, will reflect an increase of 24%
in its net revenues to approximately $115 million compared to net revenues of
$93 million for the fiscal year ended January 31, 1998 ("Fiscal 1998"). In
addition, the Registrant expects to report pre-tax income of approximately
$750,000 for Fiscal 1999 compared to pre-tax income of $5.7 million for Fiscal
1998.
