LITTLE SWITZERLAND INC/DE
8-K, 1997-10-29
JEWELRY STORES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                    -----------------------------------------


                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported)
                                October 24, 1997
                                ----------------


                            Little Switzerland, Inc.
                            ------------------------
               (Exact name of registrant as specified in charter)


      Delaware                     0-19369                     66-0476514
      --------                     -------                     ----------
  (State or other                 (Commission               (IRS employer
  jurisdiction of                file number)             identification no.)
  incorporation)


          161-B Crown Bay Cruise Ship Port, St. Thomas, U.S.V.I. 00802
          ------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


        Registrant's telephone number, including area code: (809)776-2010







                        There are 5 pages to this Report




<PAGE>


Item 5 - Other Events
- ---------------------

         On October 24, 1997, Little Switzerland, Inc. (the "Company") announced
that it has scheduled the Company's annual meeting of shareholders for Friday,
January 16, 1998 and has established December 10, 1997 as the record date for
the meeting. A copy of this press release is attached hereto as Exhibit 99.1 and
is incorporated by reference herein.                            ------------

Item 7 - Financial Statements, Pro Forma Financial Information and Exhibits
- ---------------------------------------------------------------------------

         Exhibit 99.1. Press Release issued by the Company on October 24, 1997.



                                  Page 2 of 5

<PAGE>


                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                              LITTLE SWITZERLAND, INC.



Date: October 29, 1997                        By: /s/ John E. Toler, Jr.
                                                  ----------------------
                                                  John E. Toler, Jr.
                                                  Chief Executive Officer

                                  Page 3 of 5

<PAGE>


                                  EXHIBIT INDEX
                                  -------------

Exhibit                                                                  Page *
- -------                                                                  ------


99.1          Press Release dated October 24, 1997                          5


* On sequentially numbered copy



                                   Page 4 of 5





                                                                    Exhibit 99.1
         
                             [D. F. King letterhead]



press release

         CONTACTS:
         C. William Carey                 Jeffrey H. Cohen
         Little Switzerland, Inc.         Wasserstein Perella & Co., Inc.
         617/451-3312                    212/969-2715

         Mary Ellen Goodall
         James E. Long
         D.F. King & Co., Inc.
         212/269-5550


         FOR IMMEDIATE RELEASE
         ---------------------

                   LITTLE SWITZERLAND SCHEDULES ANNUAL MEETING
                   -------------------------------------------

         ST. THOMAS, U.S. VIRGIN ISLANDS, October 24, 1997 . . . Little
Switzerland, Inc. (NASDAQ:LSVI), the Caribbean-based specialty retailer,
announced today that it has scheduled the Company's annual meeting of
shareholders for Friday, January 16, 1998, and has established December 10, 1997
as the record date for the meeting.

         Little Switzerland is a leading specialty retailer of brand name
watches, jewelry, crystal, china, fragrances and accessories, operating 24
stores on ten Caribbean islands, and three stores in Alaska. The Company's
primary market consists of vacationing tourists attracted by free-port pricing,
duty-free allowances and a wide variety of high quality merchandise.


                                  Page 5 of 5



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