<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED FINANCIAL STATEMENTS OF UNITED STATES LEATHER, INC. AS OF AND FOR THE PERIOD ENDED JULY 19, 1998 AND IS QULAIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <PERIOD-TYPE> OTHER <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUL-19-1998 <CASH> 621 <SECURITIES> 0 <RECEIVABLES> 33,817 <ALLOWANCES> 4,047 <INVENTORY> 43,307 <CURRENT-ASSETS> 73,656 <PP&E> 78,522 <DEPRECIATION> 48,062 <TOTAL-ASSETS> 135,386 <CURRENT-LIABILITIES> (68,293) <BONDS> (564) <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (100) <OTHER-SE> (51,750) <TOTAL-LIABILITY-AND-EQUITY> (135,386) <SALES> 135,131 <TOTAL-REVENUES> 135,131 <CGS> 131,984 <TOTAL-COSTS> 15,423 <OTHER-EXPENSES> (18,522) <LOSS-PROVISION> 3,410 <INTEREST-EXPENSE> 8,647 <INCOME-PRETAX> (2,401) <INCOME-TAX> 32 <INCOME-CONTINUING> (2,433) <DISCONTINUED> 0 <EXTRAORDINARY> 82,309 <CHANGES> 0 <NET-INCOME> 79,876 <EPS-PRIMARY> 798,760 <EPS-DILUTED> 798,760