SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-C

                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

                  Filed  pursuant  to  Section  13 or  15(d)  of the  Securities
      Exchange Act of 1934 and Rule 13a-17 or 15d-17 thereunder


                             SWISS ARMY BRANDS, INC.
                 (Exact name of issuer as specified in charter)

                   One Research Drive, Shelton, CT 06484-6226
                    (Address of principal executive offices)

         Issuer's telephone number, including area code: (203) 929-6391


                    I. CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:

1.      TITLE OF SECURITY:

2.      NUMBER OF SHARES OUTSTANDING BEFORE THE CHANGE:

3.      NUMBER OF SHARES OUTSTANDING AFTER THE CHANGE:

4.      EFFECTIVE DATE OF CHANGE:

5.      METHOD OF CHANGE:

        Specify  method (such as merger,  acquisition,  exchange,  distribution,
stock split, reverse split, acquisition of stock for treasury, etc.):

Give brief description of transaction:







                          II. CHANGE IN NAME OF ISSUER

        1.     Name prior to change:  The Forschner Group, Inc.

        2.     Name after change:  Swiss Army Brands, Inc.

        3.     Effective date of charter amendment changing name: May 21, 1996

        4.     Date of shareholder approval of change, if required: May 16, 1996





                            ----------------------------------------------------
Date: June 27, 1996         Thomas D. Cunningham
                            Executive Vice President and Chief Financial Officer