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Non-Tech : DESIGNER HOLDINGS

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To: Michael Collins who wrote (26)4/29/1997 3:21:00 PM
From: Michael Berkowitz   of 86
 
Tuesday April 29 12:35 PM EDT

Designer Holdings Ltd gets $200 mln facility = 3

Designer Holdings, which went public in May 1996, posted earnings per
share of $0.23 for the first quarter, based on 32.2 million shares
outstanding.

The earnings included $0.03 per share from a reimbursement from Donna
Karan International Inc , which terminated a licensing agreement with
the company in March.

In the year-ago quarter Designer Holdings earned $0.27 per share on 24.2
million shares oustanding.

POSSIBLE LOST DATA POSSIBLE LOST DATA

A company spokesman said Designer Holdings was "basically on track to
meet the projections discussed in March," when 1997 sales were projected
at $495-$510 million, compared with $480.4 million in 1996.

The spokesman declined comment on specific acquisition plans but said
the company was moving "aggressively" on that front.
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