-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 Qs3nxumdcwaPQ84f8c5G7kVaEA56um/Dx7CJbRltJybz0Ho3q8l2PsC+m4NAuNTV
 UTwlW4K3rUn4IhJaCBBc/w==

<SEC-DOCUMENT>0001181431-04-054159.txt : 20041119
<SEC-HEADER>0001181431-04-054159.hdr.sgml : 20041119
<ACCEPTANCE-DATETIME>20041119124111
ACCESSION NUMBER:		0001181431-04-054159
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041101
FILED AS OF DATE:		20041119
DATE AS OF CHANGE:		20041119

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHEROKEE INC
		CENTRAL INDEX KEY:			0000844161
		STANDARD INDUSTRIAL CLASSIFICATION:	WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330]
		IRS NUMBER:				954182437
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	BUSINESS ADDRESS:	
		STREET 1:		6835 VALJEAN AVE
		CITY:			VAN NUYS
		STATE:			CA
		ZIP:			91406-4713
		BUSINESS PHONE:		8189511002

	MAIL ADDRESS:	
		STREET 1:		6835 VALJEAN AVE
		CITY:			VAN NUYS
		STATE:			CA
		ZIP:			91406-4713

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GREEN ACQUISITION CO
		DATE OF NAME CHANGE:	19900814

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MARGOLIS ROBERT
		CENTRAL INDEX KEY:			0000942056

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-18640
		FILM NUMBER:		041157125

	BUSINESS ADDRESS:	
		STREET 1:		6835 VALJEAN AVE
		STREET 2:		C/O THE WILSTAR GROUP
		CITY:			VAN NUYS
		STATE:			CA
		ZIP:			91406
		BUSINESS PHONE:		8189089899X300

	MAIL ADDRESS:	
		STREET 1:		C/O THE WILSTAR GROUP
		STREET 2:		6835 VALJEAN AVE
		CITY:			VAN NUYS
		STATE:			CA
		ZIP:			91406
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>rrd58724.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2004-11-01</periodOfReport>

    <dateOfOriginalSubmission>2004-11-02</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000844161</issuerCik>
        <issuerName>CHEROKEE INC</issuerName>
        <issuerTradingSymbol>CHKE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000942056</rptOwnerCik>
            <rptOwnerName>MARGOLIS ROBERT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6835 VALJEAN AVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>VAN NUYS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91406</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-11-01</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2004-11-01</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>27811</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>28.14</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>794733</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-11-01</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2004-11-01</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>27811</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>28.14</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>150000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Non-profit foundation (3)</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>383541</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By The Newstar Group (2)</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <remarks>(1) Prior to the transaction of 11/01/2004 that was originally reported on 11/02/2004, the shares held directly by Mr. Margolis totaled 822,544.  The report of 11/02/2004 mistakenly reported that Mr. Margolis transferred 27,811 shares from The Newstar Group to The Robert Margolis Foundation.  However, the 27,811 shares that were transferred to The Robert Margolis Foundation were from shares held directly by Mr. Margolis.  Hence, after the corrected transaction shown above, the shares held directly by Mr. Margolis now total 794,733.  This total does not include the shares held by the Robert Margolis Foundation, Inc., a California non-profit foundation founded by Mr. Margolis.  Mr. Margolis disclaims any beneficial ownership of, or pecuniary interest in, the shares held by the Foundation.  This report shall not be deemed an admission that Mr. Margolis is the beneficial owner of, or has any pecuniary interest in, such shares for purposes of Section 16 or any other purposes.



(2) After the correction of the reporting of this transaction (as noted in footnote 1 above), the shares held by The Newstar Group, Inc., dba The Wilstar Group, of which Mr. Margolis is the sole shareholder, did not change, and still total 383,541.



(3) After the transfer noted above, there are a total of 150,000 shares held by The Robert Margolis Foundation, Inc., a California non-profit foundation founded by Mr. Margolis.  Mr. Margolis disclaims any beneficial ownership of, or pecuniary interest in, the shares held by the Foundation.  This report shall not be deemed an admission that Mr. Margolis is the beneficial owner of, or has any pecuniary interest in, such shares for purposes of Section 16 or any other purposes.</remarks>

    <ownerSignature>
        <signatureName>Russell J. Riopelle under POA for Robert Margolis</signatureName>
        <signatureDate>2004-11-19</signatureDate>
    </ownerSignature>
</ownershipDocument>

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