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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
FRENCH FRAGRANCES, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
357 658 103
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(CUSIP Number)
February 12, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior cover
page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
Page 1 of ___ Pages
There are no exhibits
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CUSIP No. 357 658 103 Page 2 of ___ Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rafael Kravec
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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Number of (5) Sole Voting Power 2,600,551
Shares
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Beneficially (6) Shared Voting Power 0
Owned by
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Each Reporting (7) Sole Dispositive Power 2,600,551
Person
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With (8) Shared Dispositive Power 0
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,601,551 (a)
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(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
SEE INSTRUCTIONS) [ ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.2%
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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(a)Includes (i) 106,800 shares of Common Stock issuable upon the exercise
of stock options; (ii) 38,583 shares of Common Stock issuable upon the
conversion of Series B Convertible Preferred Stock owned by National
Trading Manufacturing, Inc. ("National Trading"), a corporation
controlled by Mr. Kravec; (iii) 8,835 shares of Common Stock issuable
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upon the conversion of Series C Convertible Preferred owned by National
Trading; (iv) 68,750 shares of Common Stock issuable upon the conversion
of 7.5% Convertible Debentures, and (iv) 234,583 shares of Common Stock
issuable upon the conversion of 7,5% Convertible Debentures owned by
National Trading.
(b) Also includes 1,000 shares of Common Stock which are owned by
Mr. Kravec's daughter and as to which he disclaims beneficial ownership.
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CUSIP No. 357 658 103 Page 3 of ___ Pages
ITEM 1(a). NAME OF ISSUER:
French Fragrances, Inc.
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ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
14100 N.W. 60 Avenue, Miami Lakes, Florida 33014
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ITEM 2(a). NAME OF PERSON FILING:
Rafael Kravec
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ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
14100 N.W. 60 Avenue, Miami Lakes, Florida 33014
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ITEM 2(c). CITIZENSHIP:
USA
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ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 Par Value
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ITEM 2(e). CUSIP NUMBER:
357 658 103
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 240.13d-1(b) or
240.13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A:
(a)[ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o);
(b)[ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c);
(c)[ ] Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c);
(d)[ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)[ ] An investment adviser in accordance with
Rule 240.13d-1(b)(1)(ii)(E);
(f)[ ] An employee benefit plan or endowment fund in
accordance with Rule 240.13d-1(b)(1)(ii)(F);
(g)[ ] A parent holding company or control person in
accordance with Rule 240.13d-1(b)(1)(ii)(G);
(h)[ ] A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)[ ] A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)[ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J).
IF THIS STATEMENT IS FILED PURSUANT TO RULE 240.13d-1(c),
CHECK THIS BOX [X]
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CUSIP No. 357 658 103 Page 4 of ___ Pages
ITEM 4 Ownership.
(a) Amount Beneficially Owned: 2,601,551(a)(b)
(b) Percent of Class: 18.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to
direct the vote 2,600,551(a)
(ii) shared power to vote or to
direct the vote 0
(iii) sole power to dispose or to
direct the disposition of 2,600,551(a)
(iv) shared power to dispose or to
direct the disposition of 0
ITEM 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following. [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
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CUSIP No. 357 658 103 Page 5 of ___ Pages
ITEM 10. CERTIFICATIONS.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.
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 12, 1999 /s/ RAFAEL KRAVEC
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Rafael Kravec
