<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS RESTATED SUMMARY FINANCIAL INFORMATION FOR MARISA CHRISTINA, INCORPORATED'S CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF JUNE 30, 1998 AND THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE SIX MONTHS THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO THE COMPANY'S FORM 10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1998. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 727,956 <SECURITIES> 0 <RECEIVABLES> 6,230,422 <ALLOWANCES> (550,490) <INVENTORY> 11,486,286 <CURRENT-ASSETS> 24,841,069 <PP&E> 2,964,582 <DEPRECIATION> 0 <TOTAL-ASSETS> 59,424,201 <CURRENT-LIABILITIES> 14,222,907 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 85,868 <OTHER-SE> 44,612,152 <TOTAL-LIABILITY-AND-EQUITY> 59,424,201 <SALES> 0 <TOTAL-REVENUES> 33,299,602 <CGS> 24,414,397 <TOTAL-COSTS> 24,414,397 <OTHER-EXPENSES> 0 <LOSS-PROVISION> (490,000) <INTEREST-EXPENSE> (320,300) <INCOME-PRETAX> (3,349,661) <INCOME-TAX> (961,400) <INCOME-CONTINUING> (2,388,261) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 0 <EPS-PRIMARY> (0.29)<F1> <EPS-DILUTED> (0.29) <FN> <F1>AMOUNT REPORTED IS ACTUALLY EPS-BASIC </FN>