<PAGE> 1
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: July 8, 1999
THE SIRENA APPAREL GROUP, INC.
(Exact name of registrant as specified in its charter)
<TABLE>
<CAPTION>
Delaware 0-24636 36-2998726
- ---------------------------- ------------ ----------------------
<S> <C> <C>
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
</TABLE>
2825 South Santa Fe Avenue
Vernon, California 90058
----------------------------------------
(Address of principal executive offices)
(323) 581-9700
-------------------------------
(Registrant's telephone number,
including area code)
<PAGE> 2
On July 8, 1999, The Sirena Apparel Group, Inc. (the "Company") issued a
press release, a copy of which is attached hereto as Exhibit 99, announcing
that the Company's common stock will be delisted from The Nasdaq Stock Market
effective as of the close of business on July 9, 1999.
Item 7. Exhibits.
(c) Exhibits.
99 Press Release, dated July 8, 1999, announcing that the
Company's common stock will be delisted from The Nasdaq
Stock Market effective as of the close of business on July
9, 1999.
2
<PAGE> 3
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit Number Exhibit
- -------------- -------
<S> <C>
99 Press Release, dated July 8, 1999, announcing that the
Company's common stock will be delisted from The Nasdaq Stock
Market effective as of the close of business on July 9, 1999.
</TABLE>
3
<PAGE> 4
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.
Dated: July 8, 1999 THE SIRENA APPAREL GROUP, INC.
By: /s/ Howard H. Hedinger
------------------------------------
Name: Howard H. Hedinger
Title: Chairman of the Board
4
<PAGE> 1
EXHIBIT 99
The Sirena Apparel Group, Inc. Announces Nasdaq Delisting
Business Editors
VERNON, CA - (BUSINESS WIRE)--July 8, 1999--The Sirena Apparel Group, Inc.
(Nasdaq:SIRNQ) today announced that its common stock will be delisted from The
Nasdaq Stock Market, effective at the close of business on July 9, 1999. Sirena,
which filed a petition for bankruptcy protection under Chapter 11 of the
Bankruptcy Code on June 25, 1999, no longer meets The Nasdaq Stock Market
maintenance requirements. The Nasdaq Stock Market halted trading in Sirena's
common stock on June 8, 1999. In light of its condition, the Company does not
currently intend to list its common stock on any other trading market.
The Company is a leading designer, manufacturer and marketer of branded and
private-label swimwear, intimate apparel and resortwear under well-recognized
brands that include Anne Klein, Liz Claiborne, Elisabeth, Sirena, Rose Marie
Reid, Hang Ten, and Jezebel.
Statements in this release that are not historical may be deemed forward-
looking statements within the meaning of the Private Securities Litigation Act
of 1995. Although the Company believes the expectations reflected in any
forward-looking statements are based on reasonable assumptions, it can give no
assurance that its expectations will be attained. Factors that could cause
actual results to differ materially from the Company's expectations include the
findings of the Special Committee appointed to review the Company's accounting
practices, determinations of Sirena's auditors with regard to the company's
accounting practices, the extent and timing of any charges to be taken in
connection therewith, Sirena's ability to implement its strategic business plan
as well as appropriate financial and operational controls, the ability to
maintain existing licenses and obtain new licenses, the continued ability to
obtain financing, general economic and industry
<PAGE> 2
conditions, competition within the apparel industry, and other risks detailed
from time to time in Company's SEC reports, including Quarterly Reports on Form
10-Q, Current Reports on Form 8-K, and Annual Reports on Form 10-K.
SOURCE: The Sirena Apparel Group, Inc.
