<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED
FINANCIAL STATEMENTS OF PERISCOPE SPORTSWEAR, INC. AS OF DECEMBER 31, 1997 AND
FOR THE YEAR THEN ENDED.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                         496,686
<SECURITIES>                                         0
<RECEIVABLES>                                  367,834
<ALLOWANCES>                                  (50,000)
<INVENTORY>                                 10,996,315
<CURRENT-ASSETS>                            13,144,897
<PP&E>                                         571,198
<DEPRECIATION>                               (189,324)
<TOTAL-ASSETS>                              15,382,547
<CURRENT-LIABILITIES>                       12,700,882
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        40,000
<OTHER-SE>                                (15,858,335)
<TOTAL-LIABILITY-AND-EQUITY>                15,382,547
<SALES>                                     87,957,306
<TOTAL-REVENUES>                            87,957,306
<CGS>                                       70,610,571
<TOTAL-COSTS>                               70,610,571
<OTHER-EXPENSES>                            12,322,151
<LOSS-PROVISION>                               196,847
<INTEREST-EXPENSE>                           4,743,107
<INCOME-PRETAX>                                 84,630
<INCOME-TAX>                                    59,678
<INCOME-CONTINUING>                             24,952
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    24,952
<EPS-PRIMARY>                                      612
<EPS-DILUTED>                                      612