ST JOHN KNITS INC
8-K, 1999-06-30
KNIT OUTERWEAR MILLS
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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)   June 28, 1999
                                                   -------------




                             ST. JOHN KNITS, INC.
- --------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)


         California                      1-11752               95-2245070
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  (State or other jurisdiction          Commission            (IRS Employer
        of incorporation)              File Number)         Identification No.)


              17422 Derian Avenue, Irvine, California             92614
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              (Address of principal executive offices)          (Zip Code)

Registrant's telephone number, including area code               (949) 863-1171
                                                  -----------------------------


                                Not Applicable
- -------------------------------------------------------------------------------
        (Former name or former address, if changed since last report.)


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ITEM 5.  OTHER EVENTS
- ------   ------------

          A copy of the press release issued by St. John Knits, Inc., a
California corporation (the "Company"), on June 28, 1999 is filed as Exhibit
99.1 to this Current Report and is incorporated herein by reference.


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
- ------   ------------------------------------------------------------------

99.1    Press Release issued by the Company on June 28, 1999.
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                                  SIGNATURES

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


Date: June 28, 1999

                            ST. JOHN KNITS, INC.



                            By:     /s/ Roger G. Ruppert
                                    ----------------------------
                            Name:   Roger G. Ruppert
                            Title:  Senior Vice President - Finance,
                                    Chief Financial Officer
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                                 EXHIBIT INDEX
                                 -------------



Exhibit
   No.         Description of Exhibit
 -------       ----------------------

99.1           Press Release issued by the Company on June 28, 1999.

<PAGE>

For Immediate Release
- ---------------------


Contact:  For St. John Knits:
          Roger G. Ruppert
          (949) 863-1171


     ST. JOHN SHAREHOLDERS OVERWHELMINGLY APPROVE BUYOUT

IRVINE, California (June 28, 1999) - St. John Knits, Inc. (NYSE:SJK) announced
today that at a special shareholders' meeting held today, shareholders approved
the $30 per share buyout proposal made by the Gray family and Vestar Capital
Partners.  The buyout proposal, which was first announced on December 8, 1998
and amended on February 2, 1999, is valued at about $520 million.  Nearly 92% of
those shareholders who voted cast their vote in favor of the transaction, while
less than 8% voted against the transaction.  About 80% of the total shares
outstanding voted at the special meeting.  Chairman and CEO, Bob Gray, said:
"We are pleased that such an overwhelming majority of the shareholders favored
the transaction."

The Company, headquartered in Irvine, California, is a leading designer,
manufacturer and marketer of women's clothing and accessories, sold principally
under the St. John, Griffith & Gray and Marie Gray trade names.  In addition,
the Company's Retail Division operates eighteen boutiques and nine outlet
stores.


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