February 15, 1995

Mr. Richard P. Randall
Peaceable  Street
Redding, Connecticut  06896

Dear Dick:

Reference is hereby made to the Employment Agreement, dated as of
July 30, 1993, as amended by letter agreement, dated October 25,
1994 (the "Employment Agreement"), between yourself as the
Employee and Salant Corporation ("Salant")..
 
We hereby acknowledge that effective  February 26, 1995 you
voluntarily offered (along with other employees of  Salant) to
reduce your base salary as set forth in Section 4 of the
Employment Agreement from $300,000 per annum to $280,000 per
annum for the remainder of the 1995 calendar year. 
Notwithstanding anything to the contrary contained herein or
otherwise, the reduction in your base salary provided herein
shall not be considered for purposes of (i) calculating the
Incentive Compensation provided for in Section 4 (b) of the
Employment Agreement and (ii) calculating any severance owed to
you upon a termination of your Employment Agreement.

You hereby acknowledge that your voluntary reduction in Salary
contained herein is not a "reduction in the Employee's Salary" as
described in Section 9 (e) of the Employment Agreement.

If the foregoing correctly sets forth our mutual agreement,
please sign and return to me three attached copies of this
letter.

                              Very truly yours,

                              SALANT CORPORATION

                              By:  /s/ Nicholas P. DiPaolo
                                     Nicholas P. DiPaolo
                                     Chairman of the Board,
                                      President and CEO

Accepted and Agreed To:

By: /s/ Richard P. Randall
     Richard P. Randall
Date: February 15, 1995