SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 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): June 7, 2000

                             GLOBE HOLDINGS, INC.
                          GLOBE MANUFACTURING CORP.
            (Exact name of registrant as specified in its charter)



                                                             

      Massachusetts                        333-64669                          04-2017769
        Alabama                            333-64675                          63-1101362
- ----------------------------        ------------------------       ---------------------------------
(State or other jurisdiction        (Commission File Number)       (IRS Employer Identification No.)
of incorporation)

456 Bedford Street, Fall River, Massachusetts                                   02720
456 Bedford Street, Fall River, Massachusetts                                   02720
- ---------------------------------------------                                ------------
  (Address of principal executive offices)                                    (Zip Code)



Registrant's telephone number, including area code:   (508) 674-3585
                                                      (508) 674-3585
                                                     ----------------

                       This Instrument contains 3 pages.



Item 5.   Other Events

     Effective May 31, 2000, the Forbearance Agreement dated April 12, 2000
among Globe Holdings, Inc., Globe Manufacturing Corp. (together, the "Company"),
Bank of America, N.A. as Administrative Agent and the lenders named therein (the
"Forbearance Agreement") was amended to extend the forbearance period to July
31, 2000. The Forbearance Agreement previously expired on May 31, 2000. Pursuant
to the Forbearance Agreement, the Company's senior lenders have agreed not to
exercise their right to call the Company's senior debt during the forbearance
period.

     The Company has retained Rothchilds, Inc. as its restructuring advisor and
continues to explore ways to restructure its outstanding debt.

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                                   SIGNATURE

     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.

                                        GLOBE HOLDINGS, INC.


Dated: June 7, 2000                     By: /s/ Kevin T. Cardullo
                                            ---------------------------
                                            Assistant Vice President, Finance
                                                    and Accounting

                                        GLOBE MANUFACTURING CORP.


Dated: June 7, 2000                     By: /s/ Kevin T. Cardullo
                                            ---------------------------
                                            Assistant Vice President, Finance
                                                and Accounting

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