UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 17, 1997
PACIFIC COAST APPAREL COMPANY, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
California 0-28760 95-4536683
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(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION
NUMBER)
1620 S. Los Angeles Street
Los Angeles, California 90015
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(ADDRESS OF PRINCIPAL EXECUTIVE (ZIP CODE)
OFFICES)
(213) 748-9724
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On September 17, 1997, the registrant acquired the business and
assets of Cotton Stuff, Inc., a California corporation, a designer
and manufacturer of casual sportswear. The purchase price was $475,000, paid in
cash, plus assumption of trade and other liabilities totaling approximately
$80,000. The registrant also entered into a six-month employment agreement with
Stuart Bryer, the former Cotton Stuff, Inc. chief executive officer, who will
serve as the general manager of the registrant.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) It is impractical to provide the required financial statements of the
acquired business at this time. Such financial statements will be filed as soon
as practicable, but not later than 60 days after the date of filing of this
report on Form 8-K. .
(b) The PRO FORMA financial information that would be required pursuant to
Article XI of Regulation S-X is not available at the time of this filing because
the preparation of such information at this time is impracticable. Such
information will be filed as soon as practicable, but not later than 60 days
after the date of filing of this report on Form 8-K. .
(c) EXHIBITS:
EXHIBIT
NO. DESCRIPTION OF EXHIBITS
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2.1 Agreement and Bill of Sale for Purchase of Assets dated August 22,
1997.
2.2 Press Release dated September 17, 1997.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PACIFIC COAST APPAREL COMPANY, INC.,
Date: September 29, 1997 By:
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Terrence L. McGovern
Chief Executive Officer
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