RULE 424(c)
Reg. No. 333-12545
PROSPECTUS SUPPLEMENT DATED APRIL 21, 1998 TO PROSPECTUS DATED AUGUST 22, 1997
NINE WEST GROUP INC.
$185,680,000
5-1/2% Convertible Subordinated Notes Due 2003
The following holders of the 5-1/2% Convertible Subordinated Notes Due 2003
(the "Notes") of Nine West Group Inc. (the "Company") have recently notified the
Company that they beneficially own the principal amount of the Notes shown
below, which Notes may be converted into the number of shares of the Company's
common stock, par value $.01 per share (the "Common Stock"), shown below and
that such holders may from time to time offer and sell such Notes and/or Common
Stock pursuant to the Company's Registration Statement No. 333-12545, as
amended, and the Prospectus dated August 22, 1997 included therein:
Aggregate Principal Amount Number of Shares of
of Notes Owned and Common Stock That
Name of Selling Holder That May Be Sold May Be Sold
- ---------------------- ---------------- -----------
American Travellers Life Insurance
Co. - Convertible (1) $ 332,000 5,464
Bankers Life & Casualty Insurance
Co. - Convertible (2) $ 668,000 10,994
Bear, Stearns & Co. Inc. (3) $4,380,000 72,086
Beneficial Standard Life Insurance
Co. - Convertible (1) $ 500,000 8,229
Capitol American Life Insurance
Co. - Convertible (4) $ 332,000 5,464
Everen Securities Inc. (5) $ 450,000 7,406
Forest Alternative Strategies Fund
II LP Series A-5 (1) $ 200,000 3,291
Forest Alternative Strategies Fund
II Series A 5I (1) $ 100,000 1,645
Forest Global Convertible Fund
Series A-5 (1) $ 200,000 3,291
Great American Reserve Insurance Co.
- Convertible (1) $ 668,000 10,994
Pacific Innovations Trust Capital
Income Fund (6) $ 120,000 1,974
- -------------------------
(1) The Company was not previously aware that these holders beneficially own the Notes.
(2) An increase of $167,000 of Notes and 2,749 shares of Common Stock over the $501,000 of Notes
and 8,245 of shares of Common Stock previously disclosed to the Company.
(3) An increase of $500,000 of Notes and 8,229 shares of Common Stock over the $3,880,000 of Notes
and 63,857 of shares of Common Stock previously disclosed to the Company.
(4) An increase of $83,000 of Notes and 1,366 shares of Common Stock over the $249,000 of Notes and
4,098 of shares of Common Stock previously disclosed to the Company.
(5) An increase of $415,000 of Notes and 6,830 shares of Common Stock over the $35,000 of Notes and
576 of shares of Common Stock previously disclosed to the Company.
(6) An increase of $20,000 of Notes and 329 shares of Common Stock over the $100,000 of Notes and
1,645 of shares of Common Stock previously disclosed to the Company.
The holders identified above may have sold, transferred or otherwise disposed
of all or a portion of their Notes since the date on which they provided
information regarding their Notes, in transactions exempt from the registration
requirements of the Securities Act of 1933, as amended.