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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

November 26, 1997
(Date of Report) (Date of earliest event reported)

NANTUCKET INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)

1-8509 58-0962699
(Commission File Number) (I.R.S. Employer
Identification No.)

510 Broadhollow Road, Melville, NY 11747
(Address of principal executive offices) (Zip Code)

(516) 293-3172
Registrant's telephone number, including area code

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(Former name or former address, if changed since last report)

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Item 5. Other Events.

(a) On November 26, 1997, the Board of Directors of the Company accepted
the resignations of Joseph Visconti and Ronald S. Hoffman as members of the
Board of Directors and elected Steven Schneider and Richard Ryan to fill the
vacancies created by such resignations. In addition, the Board increased the
number of Directors from nine (9) to ten (10) members and elected Marc M. Feder
and James H. Carey as Directors.

(b) On November 26, 1997, the Board of Directors accepted the
resignation of Ronald S. Hoffman, as Chief Financial Officer, Vice
President-Finance, and Secretary and elected Nicholas Dmytryszyn as Chief
Financial Officer and Katherine M. Kozub as Secretary.

(c) On December 3, 1997, the Company entered into a lease for
approximately 71,000 square feet of space at 435 Industrial Park Road in
Cartersville, Georgia for a 60-month term commencing on January 1, 1998. The
monthly rental amount will be $15,679 increasing based on an established formula
over the term of the lease. These premises will be used for offices, warehouse,
packaging and as a distribution center.

(d) On December 9, 1997, Donald Gold, a Director of the Company filed a
Complaint against the Company in the State Court of Fulton County, State of
Georgia relating to payments allegedly due to him under the March 18, 1994
Severance Agreement.

Item 7

Exhibits which, in their entirety, are incorporated by reference to any
report, exhibit or other filing previously made with the Securities and Exchange
Commission are designated by an asterisk (*) and the location of such material
is included in its description.

Exhibit No Description Page No.
- ---------- ----------- --------

99 (S) Lease dated December 3, 1997 Filed Herewith

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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.

NANTUCKET INDUSTRIES, INC.

/s/ Stephen M. Samberg
By: _______________________________________
Stephen M. Samberg,
Chairman and Chief Executive Officer

Dated: December 19, 1997