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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GyoM5+b9yxsLdlRqcAA5PN4Q+GRqpZ0Qw3j9ZhTyJTIfwWWMjgmoz8Vclb2tg4Xw
 0FPneE/GzoZyTNnB53i/+w==

<SEC-DOCUMENT>0001209191-03-005148.txt : 20030521
<SEC-HEADER>0001209191-03-005148.hdr.sgml : 20030521
<ACCEPTANCE-DATETIME>20030521163327
ACCESSION NUMBER:		0001209191-03-005148
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030519
FILED AS OF DATE:		20030521

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RICHEMONT FINANCE SA
		CENTRAL INDEX KEY:			0001041054
		STATE OF INCORPORATION:			I8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08056
		FILM NUMBER:		03714776

	BUSINESS ADDRESS:	
		STREET 1:		35 BLVD PRINCE HENRI
		CITY:			LUXEMBOURG
		STATE:			I8
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		RICHEMONT FINANCE SA
		STREET 2:		35 BLVD PRINCE HENRI
		CITY:			LUXEMBOURG
		STATE:			I8
		ZIP:			00000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HANOVER DIRECT INC
		CENTRAL INDEX KEY:			0000320333
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
		IRS NUMBER:				138053260
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1227

	BUSINESS ADDRESS:	
		STREET 1:		1500 HARBOR BLVD
		CITY:			WEEHAWKEN
		STATE:			NJ
		ZIP:			07087
		BUSINESS PHONE:		2018653800

	MAIL ADDRESS:	
		STREET 1:		1500 HARBOR BLVD
		CITY:			WEEHAWKEN
		STATE:			NJ
		ZIP:			07087

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HORN & HARDART CO /NV/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bny86950_bny01rf.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0101</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-05-19</periodOfReport><notSubjectToSection16>1</notSubjectToSection16><issuer><issuerCik>0000320333</issuerCik><issuerName>HANOVER DIRECT INC</issuerName>        <issuerTradingSymbol>HNV</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001041054</rptOwnerCik><rptOwnerName>RICHEMONT FINANCE SA</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>  </rptOwnerStreet1><rptOwnerStreet2>  </rptOwnerStreet2><rptOwnerCity>  </rptOwnerCity><rptOwnerState>  </rptOwnerState><rptOwnerZipCode>  </rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>1</isOther><otherText>Former 10% Owner</otherText></reportingOwnerRelationship></reportingOwner><nonDerivativeSecurity><securityTitle><value>Common Stock</value></securityTitle><transacti
onDate><value>2003-05-19</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>29446888</value></transactionShares><transactionValue><value>40000000</value><footnoteId id="F1" /></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeSecurity><nonDerivativeSecurity><securityTitle><value>Series B Participating Preferred Stock</value></securityTitle><transactionDate><value>2003-05-19</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvol
ved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>1622111</value></transactionShares><transactionValue><value>40000000</value><footnoteId id="F1" /></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F1" /></directOrIndirectOwnership></ownershipNature></nonDerivativeSecurity><footnotes><footnote id="F1">The Reporting Person sold all shares of Common Stock and Series B Participating Preferred Stock of the Issuer in a private transaction for an aggregate sale price of $40 million. No other shares of the Issuer are owned directly or indirectly by the reporting owner or by any affiliate of the reporting owner.</footnote></footnotes><ownerSignature><signatureName>Robert P. Wessely, Attorney-in-Fact
</signatureName><signatureDate>2003-05-19</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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