SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                                 Commission File Number: 0-20382
                                                          Cusip Number

(Check One):  |_|Form 10-K  |_|Form 20-F  |_|Form 11-K  |X|Form 10-Q  
              |_|Form N-SAR
                  For Period Ended:  for the fiscal quarter ended 
                                     September 27, 1997
                                        
                  [  ] Transition Report on Form 10-K
                  [  ] Transition Report on Form 20-F
                  [  ] Transition Report on Form 11-K
                  [  ] Transition Report on Form 10-Q
                  [  ] Transition Report on Form N-SAR
                  For the Transition Period Ended:
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  Read attached instruction sheet before preparing form. Please print or type.
    Nothing in this form shall be construed to imply that the Commission has
                   verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates: ____


PART I - REGISTRANT INFORMATION

Danskin, Inc.
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Full Name of Registrant


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Former Name if Applicable

111 West 40th Street
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Address of Principal Executive Office (Street and Number)

New York, New York  10018
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City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate.)

|X|  (a)  The reasons described in reasonable detail in Part III of this form
          could not be eliminated without unreasonable effort or expense;

|X|  (b)  The subject annual report, semi-annual report, transition report on
          Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof, will be filed
          on or before the 15th calendar day following the prescribed due date;
          or the subject quarterly report or transition report on Form 10-Q, or
          portion thereof will be filed on or before the fifth calendar day
          following the prescribed due date; and



[_]  (c)  The accountant's statement or other exhibit required by Rule 12b-25(c)
          has been attached if applicable. 

PART III - NARRATIVE

State below in reasonable detail the reasons why the Form 10K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)

[The Company is unable to file its Form 10-Q within the prescribed time period
since it is in the process of finalizing the financial information contained in
the Form 10-Q. The Company anticipates filing the Form 10-Q no later that the
fifth calendar day from the prescribed due date of such Form 10-Q.]

PART IV - OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
     notification:

     Beverly Eichel, Executive Vice President
     and Chief Financial Officer                (212)         930-9157
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                     (Name)                     (Area Code)   (Telephone Number)

(2)  Have all other periodic reports required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter period that the
     registrant was required to file such reports been filed? If the answer is
     no, identify report(s). |X|Yes |_|No

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding period for the last fiscal year will be reflected by the
     earnings statements to be included in the subject report or portion
     thereof? |X|Yes |_|No

     If so, attach an explanation of the anticipated change, both narratively
     and quantitatively, and, if appropriate, state the reasons why a reasonable
     estimate of the results cannot be made.

                             See Attachment A hereto
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                                  Danskin, Inc.
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                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.


Date:    11/11/97                   By /s/ Beverly Eichel
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                                        Name:  Beverly Eichel
                                        Title: Executive Vice President and
                                               Chief Financial Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

                                    ATTENTION

   Intentional misstatements or omissions of fact constitute Federal Criminal
                        Violations (See 18 U.S.C. 1001).


                              GENERAL INSTRUCTIONS


1.   This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
     Rules and Regulations under the Securities Exchange Act of 1934.

2.   One signed original and four conformed copies of this form and amendments
     thereto must be completed and filed with the Securities and Exchange
     Commission, Washington, D.C. 25049, in accordance with Rule 0-3 of the
     General Rules and Regulations under the Act. The information contained in
     or filed with the form will be made a matter of public record in the
     Commission files.

3.   A manually signed copy of the form and amendments thereto shall be filed
     with each national securities exchange on which any class of securities of
     the registrant is registered.

4.   Amendments to the notifications must also be filed on Form 12b-25 but need
     not restate information that has been correctly furnished. The form shall
     be clearly identified as an amended notification.


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                                  ATTACHMENT A
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Net revenues of $32.7 million and $93.0 million, and gross margin of $11.6
million and $31.8 million, for the fiscal quarter and year to date,
respectively, were below prior fiscal year results by $2.1 million and $2.9
million for net revenues, and $0.8 million and $1.6 million for gross margin,
respectively.

Selling, general and administrative expenses, including retail store operating
costs, of $10.2 million and $30.2 million, for the fiscal quarter and year to
date, respectively, was below prior fiscal year results by $0.3 million and $1.3
million, respectively.

Interest expense amounted to $1.3 million for the three months ended September
1997 and $1.2 million for September 1996, and $3.7 million for the nine months
ended September 1997 and $3.6 million for the nine months ended September 1996.