10-Q/A

                                 UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-Q/A



[X]        QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                               SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 29, 1997

                                       OR

[ ]            TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                           SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________________ to __________________
                              
Commission file number 0-20382

                                  Danskin, Inc.
             (Exact name of registrant as specified in its charter)


            Delaware                                           62-1284179
- -------------------------------                            --------------------
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                             Identification No.)


                    111 West 40th Street, New York, NY 10018
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (212) 764-4630
                         -------------------------------
                         (Registrant's telephone number)

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

Yes   X   No
    ----    ---

     The number of shares outstanding of the issuer's Common Stock, $.01 par
value, as of April 30, 1997, excluding 1,000 shares held by a subsidiary:
6,100,101.




                                   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 thereunto duly authorized.


                                            DANSKIN, INC.



May 14, 1997                                By:   /s/Edwin W. Dean
                                                  ------------------------------
                                                  Edwin W. Dean
                                                  Vice Chairman of the Board,
                                                  General Counsel and Secretary


May 14, 1997                                By:   /s/Beverly Eichel
                                                  ------------------------------
                                                  Beverly Eichel
                                                  Executive Vice President and
                                                  Chief Financial Officer
                                                  (Principal Financial Officer)

EX-27

 


<ARTICLE>                     5
<CIK>                         0000889299
<NAME>                        Danskin, Inc.
<CURRENCY>                                 US $
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                   DEC-27-1997
<PERIOD-START>                      DEC-29-1996
<PERIOD-END>                        MAR-29-1997
<EXCHANGE-RATE>                            1.00
<CASH>                                1,331,000
<SECURITIES>                                  0
<RECEIVABLES>                        19,710,000
<ALLOWANCES>                          1,001,000
<INVENTORY>                          32,916,000
<CURRENT-ASSETS>                     57,057,000
<PP&E>                                8,894,000
<DEPRECIATION>                        8,196,000
<TOTAL-ASSETS>                       69,089,000
<CURRENT-LIABILITIES>                35,169,000
<BONDS>                                       0
<PREFERRED-MANDATORY>                         0
<PREFERRED>                                  10
<COMMON>                                 60,991
<OTHER-SE>                             (112,001)
<TOTAL-LIABILITY-AND-EQUITY>         69,089,000
<SALES>                              30,785,000
<TOTAL-REVENUES>                     30,785,000
<CGS>                                19,955,000
<TOTAL-COSTS>                        19,955,000
<OTHER-EXPENSES>                     10,354,000
<LOSS-PROVISION>                         86,000
<INTEREST-EXPENSE>                    1,185,000
<INCOME-PRETAX>                        (920,000)
<INCOME-TAX>                             49,000
<INCOME-CONTINUING>                    (969,000)
<DISCONTINUED>                                0
<EXTRAORDINARY>                               0
<CHANGES>                                     0
<NET-INCOME>                           (969,000)
<EPS-PRIMARY>                             (0.16)
<EPS-DILUTED>                                 0