Exhibit 99.2


HAMPSHIRE GROUP, LIMITED            [FOR IMMEDIATE RELEASE]
STOCK SYMBOL:    HAMP (NASDAQ)
CONTACT:         CHARLES W. CLAYTON
PHONE:          (864) 231-1211      FACSIMILE: (864) 231-1215

           HAMPSHIRE GROUP, LIMITED ANNOUNCES TWO-FOR-ONE STOCK SPLIT
                          AND STOCK REPURCHASE PROGRAM

Anderson,   South  Carolina,  May  9,  2005....Hampshire  Group,  Limited  today
announced that its Board of Directors had approved a two-for-one  stock split of
the  Company's  outstanding  common  stock,  payable in the form of a 100% stock
dividend on June 28, 2005, to stockholders of record at the close of business on
May 31, 2005.

Stockholders  of  record  on May 31,  2005,  will be  entitled  to  receive  one
additional  share for each share of common  stock held on the record  date.  The
stock  split  will  result  in  the  distribution  of  approximately   4,080,000
additional  shares of common  stock.  Upon  completion  of the stock split,  the
number of outstanding  shares of common stock will be  approximately  8,160,000.
The  Company's  common  stock will begin  trading  when  issued on NASDAQ at the
split-adjusted price.

The Board of Directors of Hampshire  Group,  Limited also  announced that it has
approved the  repurchase of up to 200,000  shares of the  Company's  outstanding
common stock  (400,000  shares  post-split).  The  repurchase  will be conducted
through  open market or privately  negotiated  transactions  over an  indefinite
period.

Hampshire Group,  Limited is a diversified  apparel company,  believed to be the
largest  supplier of women's and men's  sweaters in North  America and a leading
supplier of women's related separates.


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           Cautionary Disclosure Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the
Private  Securities  Litigation  Reform Act of 1995 that  reflect the  Company's
current  views with respect to future  events.  Such  statements  are subject to
certain  risks and  uncertainties  which  could cause  actual  results to differ
materially  from those  projected.  Readers  are  cautioned  not to place  undue
reliance  on these  forward-looking  statements  which speak only as of the date
hereof.   The  Company   undertakes   no   obligation   to   republish   revised
forward-looking  statements to reflect  events or  circumstances  after the date
hereof or to reflect the occurrences of unanticipated  events.  Readers are also
urged to review and  consider  carefully  the  various  disclosures  made by the
Company in its Form 10-K and other  Securities and Exchange  Commission  filings
which  advise  interested  parties of the  factors  that  affect  the  Company's
business.