UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q

(Mark One)

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

For the quarterly period ended September 30, 2000

                                       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....................................................1-8681

                          RUSS BERRIE AND COMPANY, INC.

 ................................................................................

             (Exact name of registrant as specified in its charter)

             New Jersey                                  22-1815337
 ................................................................................
  (State or other jurisdiction of           (I.R.S. Employer Identification No.)
  incorporation or organization)

       111 Bauer Drive,      Oakland,    New Jersey        07436
 ................................................................................
    (Address of principal executive offices)            (Zip Code)

                                 (201) 337-9000

 ................................................................................
              (Registrant's telephone number, including area code)

 ................................................................................
              (Former name, former address and former fiscal year,
                         if changed since last report)

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

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

<TABLE>
<CAPTION>
       CLASS                                     OUTSTANDING AT NOVEMBER 7, 2000
       -----                                     -------------------------------

<S>                                                       <C>
Common stock, $0.10 stated value                          19,881,803

</TABLE>


<PAGE>


                          RUSS BERRIE AND COMPANY, INC.

                                      INDEX

                                                                           PAGE
PART I - FINANCIAL INFORMATION                                            NUMBER
                                                                          ------

  Item 1.   Financial Statements

            Consolidated Balance Sheet as of September 30, 2000
            and December 31, 1999                                            3


            Consolidated Statement of Income for the three months
            and the nine months ended September 30, 2000 and 1999            4


            Consolidated Statement of Cash Flows for the nine
            months ended September 30, 2000 and 1999                         5

            Notes to Consolidated Financial Statements                 6 and 7


  Item 2.   Management's Discussion and Analysis of Financial
            Condition and Results of Operations                           8-11


PART II - OTHER INFORMATION

  Item 6.   Exhibits and Reports on Form 8-K                                12

            Signatures                                                      13





                                       2
<PAGE>



PART 1 - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                 RUSS BERRIE AND COMPANY, INC. AND SUBSIDIARIES

                           CONSOLIDATED BALANCE SHEET

                             (DOLLARS IN THOUSANDS)

                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                            SEPTEMBER 30,     DECEMBER 31,
                                                                2000             1999
                                                                ----             ----
<S>                                                          <C>               <C>
ASSETS
------
Current assets
  Cash and cash equivalents .........................        $  55,295         $  64,908
  Marketable securities .............................          133,970           137,143
  Accounts receivable, trade, less allowances of
     $3,765 in 2000 and $3,731 in 1999 ..............           82,483            61,385
  Inventories - net .................................           46,036            44,307
  Prepaid expenses and other current assets .........            9,611             9,503
  Deferred income taxes .............................            6,533             6,805
                                                             ---------         ---------
            TOTAL CURRENT ASSETS ....................          333,928           324,051

Property, plant and equipment - net .................           26,939            28,297
Other assets ........................................            3,284             3,072
                                                             ---------         ---------
            TOTAL ASSETS ............................        $ 364,151         $ 355,420
                                                             =========         =========
LIABILITIES AND SHAREHOLDERS' EQUITY
------------------------------------
Current liabilities
  Accounts payable ..................................        $   4,067         $   6,228
  Accrued expenses ..................................           23,420            23,488
  Accrued income taxes ..............................            9,436             6,106
                                                             ---------         ---------
            TOTAL CURRENT LIABILITIES ...............           36,923            35,822
                                                             ---------         ---------
Commitments and contingencies
Shareholders' equity
  Common stock: $0.10 stated value; authorized
    50,000,000 shares; issued 2000, 25,391,406
    shares; 1999, 25,325,849 shares .................            2,539             2,532
  Additional paid in capital ........................           62,293            60,957
  Retained earnings .................................          375,259           351,302
  Accumulated other comprehensive (loss) ............           (5,215)           (2,547)
  Unearned compensation .............................             (167)               --
  Treasury stock, at cost (5,526,214 shares at
  September 30, 2000 and 4,752,414 shares at
  December 31, 1999) ................................         (107,481)          (92,646)
                                                             ---------         ---------

           TOTAL SHAREHOLDERS' EQUITY ...............          327,228           319,598
                                                             ---------         ---------
           TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY        $ 364,151         $ 355,420
                                                             =========         =========

</TABLE>

         THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE CONSOLIDATED
                              FINANCIAL STATEMENTS.




                                       3

<PAGE>


                 RUSS BERRIE AND COMPANY, INC. AND SUBSIDIARIES

                        CONSOLIDATED STATEMENT OF INCOME

                  (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)

                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                        THREE MONTHS ENDED             NINE MONTHS ENDED
                                                           SEPTEMBER 30,                  SEPTEMBER 30,
                                                       2000            1999          2000               1999
                                                       ----            ----          ----               ----

<S>                                                     <C>           <C>           <C>            <C>


     Net sales .................................        $94,627        $89,837        $226,333        $212,714

     Cost of Sales .............................         38,797         35,410          93,889          86,310
                                                        -------        -------        --------        --------
       GROSS PROFIT ............................         55,830         54,427         132,444         126,404

     Selling, general and administrative expense         28,588         28,973          83,700          80,808

     Investment and other income-net ...........          3,236          2,182           6,764           6,928
                                                        -------        -------        --------        --------
       INCOME BEFORE TAXES .....................         30,478         27,636          55,508          52,524

     Provision for income taxes ................          9,932          9,398          18,160          18,344
                                                        -------        -------        --------        --------
     NET INCOME ................................        $20,546        $18,238        $ 37,348        $ 34,180
                                                        =======        =======        ========        ========
     NET INCOME PER SHARE:

           Basic ...............................        $  1.03        $  0.88        $   1.84        $   1.61
           Diluted .............................        $  1.02        $  0.88        $   1.84        $   1.60


</TABLE>




         THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE CONSOLIDATED
                             FINANCIAL STATEMENTS.



                                       4

<PAGE>



                 RUSS BERRIE AND COMPANY, INC. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENT OF CASH FLOWS

                             (DOLLARS IN THOUSANDS)

                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                                               NINE MONTHS ENDED
                                                                                 SEPTEMBER 30,
                                                                              2000            1999
                                                                              ----            ----

<S>                                                                       <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income ........................................................       $ 37,348        $ 34,180
Adjustments to reconcile net income to net cash
  provided by operating activities:
     Depreciation .................................................          2,928           3,314
     Amortization of intangible assets ............................             86              89
     Amortization of premium and discount on marketable
                         debt securities, net .....................            361              --
     Amortization of unearned compensation ........................             25              --
     Provision for accounts receivable reserves ...................          2,018           2,025
     Income from contingency reserve reversal (Note 1) ............         (1,607)             --
     Deferred income taxes ........................................            272            (886)
     Net (gain)/loss from sale or disposal of fixed assets ........              9             (31)
     Changes in assets and liabilities:
              Accounts receivable .................................        (23,116)        (28,437)
              Inventories - net ...................................         (1,729)          4,784
              Prepaid expenses and other current assets ...........           (108)            (48)
              Other assets ........................................           (298)             (5)
              Accounts payable ....................................         (2,161)           (146)
              Accrued expenses ....................................          1,539           3,203
              Accrued income taxes ................................          3,330           5,200
                                                                          --------        --------
                  Total adjustments ...............................        (18,451)        (10,938)
                                                                          --------        --------
                          Net cash provided by operating activities         18,897          23,242
                                                                          --------        --------

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of marketable securities .................................        (35,144)        (39,442)
Proceeds from sale of marketable securities .......................         38,422          47,932
Proceeds from sale of fixed assets ................................             52              67
Capital expenditures ..............................................         (3,330)         (7,272)
                                                                          --------        --------

                Net cash provided by investing activities .........             --           1,285

CASH FLOWS FROM FINANCING ACTIVITIES:

Proceeds from issuance of common stock ............................          1,343           1,626
Dividends paid to shareholders ....................................        (13,391)        (12,752)
Purchase of treasury stock ........................................        (15,027)        (44,292)
                                                                          --------        --------

                     Net cash (used in) financing activities ......        (27,075)        (55,418)

Effect of exchange rates on cash and cash equivalents .............         (1,435)             87
                                                                          --------        --------

Net (decrease) in cash and cash equivalents .......................         (9,613)        (30,804)
Cash and cash equivalents at beginning of period ..................         64,908          73,064
                                                                          --------        --------
Cash and cash equivalents at end of period ........................       $ 55,295        $ 42,260
                                                                          ========        ========


CASH PAID DURING THE PERIOD FOR:

          Interest ................................................       $    100        $    111
          Income taxes ............................................       $ 14,829        $ 12,607

</TABLE>

         THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE CONSOLIDATED
                             FINANCIAL STATEMENTS.




                                       5
<PAGE>




                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The accompanying unaudited interim consolidated financial statements have been
prepared by Russ Berrie and Company, Inc. and Subsidiaries (the "Company") in
accordance with accounting principles generally accepted in the United States
for interim financial reporting and the instructions to Form 10-Q and Rule 10-01
of Regulation S-X. Accordingly, certain information and footnote disclosures
normally included in financial statements prepared under accounting principles
generally accepted in the United States have been condensed or omitted pursuant
to such principles and regulations. The information furnished reflects all
adjustments which are, in the opinion of management, necessary for a fair
presentation of the Company's financial position, results of operations and cash
flows for the interim periods presented. Results for interim periods are not
necessarily an indication of results to be expected for the year.

This report on Form 10-Q for the three and nine months ended September 30, 2000
should be read in conjunction with the Company's annual report on Form 10-K for
its year ended December 31, 1999. Certain prior year amounts have been
reclassified to conform with current year's presentation.

Investment and other income-net for the three and nine months ended September
30, 2000 includes income of $1,607,000, before tax, or $1,012,000 ($0.05 per
diluted share), after tax, for the reversal of certain contingency reserves
related to the Company's sale of its toy business segment in May 1997.

NOTE 2 - EARNINGS PER SHARE

A reconciliation of weighted average common shares outstanding to weighted
average common shares outstanding assuming dilution is as follows:

<TABLE>
<CAPTION>
                                                                  THREE MONTHS                          NINE MONTHS
                                                                ENDED SEPTEMBER 30,                 ENDED SEPTEMBER 30,
                                                             2000               1999              2000            1999
                                                             ----               ----              ----            ----
<S>                                                        <C>               <C>               <C>               <C>
Average common shares outstanding .................        20,004,000        20,654,000        20,303,000        21,247,000
Dilutive effect of common shares issuable (1) .....            70,000           103,000            48,000           141,000
                                                           ----------        ----------        ----------        ----------
Average common shares outstanding assuming dilution        20,074,000        20,757,000        20,351,000        21,388,000
                                                           ==========        ==========        ==========        ==========

</TABLE>


(1)  Issuable under stock option plans.

NOTE 3 - DIVIDENDS

Cash dividends of $4,394,000 ($0.22 per share) were paid on September 1, 2000 to
shareholders of record of the Company's Common Stock on August 18, 2000. Cash
dividends of $13,391,000 ($0.22 per share per quarter) were paid in the nine
months ended September 30, 2000.

Cash dividends of $4,110,000 ($0.20 per share) were paid on September 3, 1999 to
shareholders of record of the Company's Common Stock on August 20, 1999. Cash
dividends of $12,752,000 ($0.20 per share per quarter) were paid in the nine
months ended September 30, 1999.



                                       6
<PAGE>


NOTE 4 - COMPREHENSIVE INCOME

In accordance with Statement of Financial Accounting Standards (SFAS) No. 130,
"Reporting Comprehensive Income", comprehensive income, representing all changes
in shareholders' equity during the period other than changes resulting from the
issuance or repurchase of the Company's common stock, payment of dividends and
unearned compensation, is reconciled to net income for the three and nine months
ended September 30, 2000 and 1999 as follows:

<TABLE>
<CAPTION>
                                                       THREE MONTHS                                  NINE MONTHS
                                                     ENDED SEPTEMBER 30,                           ENDED SEPTEMBER 30,
                                                 2000                   1999                2000                  1999
                                                 ----                   ----                ----                  ----
<S>                                             <C>                  <C>                  <C>                  <C>
Net income                                      $ 20,546,000         $ 18,238,000         $ 37,348,000         $ 34,180,000
Other comprehensive income (loss),
     net of taxes:
Foreign currency translation adjustments          (1,530,000)           1,286,000           (3,134,000)             215,000
Net unrealized gain (loss) on securities
   available-for-sale                                630,000             (392,000)             466,000           (2,033,000)
                                                ------------         ------------         ------------         ------------
Other comprehensive income (loss)                   (900,000)             894,000           (2,668,000)          (1,818,000)
                                                ------------         ------------         ------------         ------------
Comprehensive income                            $ 19,646,000         $ 19,132,000         $ 34,680,000         $ 32,362,000
                                                ============         ============         ============         ============

</TABLE>


NOTE 5 - PENDING ACCOUNTING CHANGES

ACCOUNTING FOR DERIVATIVES AND HEDGING
--------------------------------------

In June 1999, the Financial Accounting Standards Board issued SFAS No. 137,
"Accounting for Derivatives and Hedging Activities - Deferral of the Effective
Date of SFAS No. 133" (SFAS No. 137), which deferred the effective date of SFAS
No. 133 for an additional year. SFAS No. 133, "Accounting for Derivative
Instruments and Hedging Activities" (SFAS No. 133), as amended by SFAS No. 138
"Accounting for Certain Derivative Instruments and Certain Hedging Activities"
(SFAS No. 138), establishes accounting and reporting standards requiring that
every derivative instrument (including certain derivative instruments embedded
in other contracts) be recorded in the balance sheet as either an asset or
liability measured at its fair value. SFAS No. 133, as amended by SFAS No. 138,
requires that changes in the derivative's fair value be recognized currently in
earnings unless specific hedge accounting criteria are met. Special accounting
for qualifying hedges allows a derivative's gains and losses to offset related
results on the hedged item in the income statement, and requires that a company
must formally document, designate and assess the effectiveness of transactions
that receive hedge accounting.

Under the deferral permitted by SFAS No. 137, SFAS No. 133, as amended by SFAS
No. 138, is now effective for fiscal years beginning after June 15, 2000;
calendar year 2001 for the Company, and cannot be applied retroactively. The
Company has not yet quantified the impacts of adopting SFAS No. 133, as amended
by SFAS No. 138, on the consolidated financial statements and has not determined
the timing or method of adoption, however, such adoption could increase
volatility in earnings and other comprehensive income.



                                       7
<PAGE>


ITEM 2.

               MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                       CONDITION AND RESULTS OF OPERATIONS


RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000
------------------------------------------------------------------

The Company's net sales for the nine months ended September 30, 2000 were
$226,333,000 compared to $212,714,000 for the nine months ended September 30,
1999. This represents an increase of $13,619,000, or 6.4%. Excluding the impact
of changes in foreign currency exchange rates net sales for the nine months
ended September 30, 2000 would have increased 7.6% compared to the same period
in 1999. Net sales for the nine months ended September 30, 1999 were negatively
impacted by the June 1999 conversion to a new computer system for the Company's
domestic operations. The Company's product line, including recent product
introductions, continues to receive a positive response from customers
worldwide. In September 2000, the Company launched a new division, Russ Trading,
along with a dedicated Hong Kong showroom. Orders and shipments from this
initiative are expected to commence in 2001, giving the Company the ability to
market new and different lines and private label merchandise to non-traditional
customers of the Company, such as mass merchandisers.

Cost of sales were 41.5% of net sales for the nine months ended September 30,
2000 compared to 40.6% for the same period in 1999. This percentage increase
primarily reflects lower gross profit margins on sales of certain of the
Company's product line concepts and greater utilization of other than normal
distribution channels, offset by lower provisions required for inventory.

Selling, general and administrative expense was $83,700,000 or 37.0% of net
sales for the nine months ended September 30, 2000 compared to $80,808,000 or
38.0% of net sales for the nine months ended September 30, 1999. This represents
an increase of $2,892,000, or 3.6%, compared to the prior year, however, as a
percentage of sales, is lower than the prior year. This increase can be
primarily attributed to the establishment of the Company's new subsidiary in
Australia in January 2000 and higher selling and shipping costs due to increased
sales.

Investment and other income of $6,764,000 for the nine months ended September
30, 2000 compares to $6,928,000 for the nine months ended September 30, 1999.
Included in investment and other income for the nine months ended September 30,
2000 was income of $1,607,000 for the reversal of certain contingency reserves
related to the Company's sale of its toy business segment in May 1997. Excluding
the income from this reserve reversal, investment and other income decreased
$1,771,000. This decrease can be primarily related to decreased investment
income attributable to lower investment balances and lower total returns on the
Company's investment portfolio.

The provision for income taxes as a percent of income before taxes for the nine
months ended September 30, 2000 was 32.7% compared to 34.9% for the same period
in the prior year. This decrease is due primarily to the lower effective tax
rate of the Company's domestic operations, as a result of relatively higher net
permanent deductions for tax reporting purposes, and lower effective tax rates
of the Company's foreign operations.


                                       8
<PAGE>


Net income for the nine months ended September 30, 2000 of $37,348,000 compares
to net income of $34,180,000 for the same period last year. Included in net
income for the nine months ended September 30, 2000 was income of $1,012,000,
after tax, for the reversal of certain contingency reserves related to the
Company's sale of its toy business segment in May 1997. Excluding the income
from this reserve reversal, net income increased $2,156,000 or 6.3%. This
increase is primarily due to the increase in gross profit and the decreased
effective income tax rate offset by the increase in selling, general and
administrative expense and decreased investment and other income.

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2000
-------------------------------------------------------------------

The Company's net sales for the three months ended September 30, 2000 were
$94,627,000 compared to $89,837,000 for the three months ended September 30,
1999. This represents an increase of $4,790,000, or 5.3%. Excluding the impact
of changes in foreign currency exchange rates, net sales for the three months
ended September 30, 2000 would have increased 7.1% compared to the same period
in 1999. Net sales for the three months ended September 30, 1999 were negatively
impacted by the June 1999 conversion to a new computer system for the Company's
domestic operations. The Company's product line, including recent product
introductions, continues to receive a positive response from customers
worldwide. In September 2000, the Company launched a new division, Russ Trading,
along with a dedicated Hong Kong showroom. Orders and shipments from this
initiative are expected to commence in 2001, giving the Company the ability to
market new and different lines and private label merchandise to non-traditional
customers of the Company, such as mass merchandisers.

Cost of sales were 41.0% of net sales for the three months ended September 30,
2000 compared to 39.4% for the same period in 1999. This percentage increase
primarily reflects lower gross profit margins on sales of certain of the
Company's product line concepts and greater utilization of other than normal
distribution channels, offset by lower provisions required for inventory.

Selling, general and administrative expense was $28,588,000 or 30.2% of net
sales for the three months ended September 30, 2000 compared to $28,973,000 or
32.3% of net sales for the three months ended September 30, 1999. This
represents a decrease of $385,000, or 1.3%, compared to the prior year and as a
percentage of net sales is lower than the prior year. This decrease can
primarily be attributed to lower shipping and administration costs due to
inefficiencies experienced in the three months ended September 30, 1999
resulting from the conversion to a new computer system for the Company's
domestic operation offset by the establishment of the Company's new subsidiary
in Australia in January 2000 and higher selling costs due to increased sales.

Investment and other income of $3,236,000 for the three months ended September
30, 2000 compares to $2,182,000 for the three months ended September 30, 1999.
Included in investment and other income for the three months ended September 30,
2000, was income of $1,607,000 million for the reversal of certain contingency
reserves related to the Company's sale of its toy business segment in May 1997.
Excluding the income from this reserve reversal, investment and other income
decreased $553,000. This decrease can be primarily related to decreased
investment income attributable to lower investment balances and lower total
returns on the Company's investment portfolio.


                                       9
<PAGE>


The provision for income taxes as a percent of income before taxes for the three
months ended September 30, 2000 was 32.6% compared to 34.0% in the same period
in the prior year. This decrease is due primarily to the lower effective tax
rate of the Company's domestic operations, as a result of relatively higher net
permanent deductions for tax reporting purposes, and lower effective tax rates
of the Company's foreign operations.

Net income for the three months ended September 30, 2000 of $20,546,000 compares
to net income of $18,238,000 for the same period last year. Included in the net
income for the three months ended September 30, 2000 was income of $1,012,000,
after tax, for the reversal of certain contingency reserves related to the
Company's sale of its toy business segment in May 1997. Excluding the income
from this reserve reversal, net income increased $1,296,000, or 7.1%. This
increase is due primarily to the increase in gross profit, the decreased
effective income tax rate and the decrease in selling, general and
administrative expense offset by decreased investment and other income.

YEAR 2000 ISSUE
---------------

The Company has not experienced any significant business disruptions related to
the transition into the Year 2000; however, it will continue to monitor its
computer systems and significant third-party relationships.

LIQUIDITY AND CAPITAL RESOURCES
-------------------------------

At September 30, 2000, the Company had cash and cash equivalents and marketable
securities of $189,265,000 compared to cash and cash equivalents and marketable
securities of $202,051,000 at December 31, 1999.

Working capital requirements during the nine months ended September 30, 2000
were met entirely through internally generated funds. The Company remains in a
highly liquid position and believes that the resources available from
investments, operations and bank lines of credit are sufficient to meet the
foreseeable requirements of its business.

At September 30, 2000, the Company had marketable securities of $133,970,000
included in the amount above. These investments consist of U.S. government
obligations, municipal obligations and preferred stock. The objective of the
investment portfolio is to maximize after tax returns while minimizing risk.

The Company's portfolio of preferred securities investments are subject to
market fluctuations based largely, but not exclusively, on the securities'
sensitivity to changes in interest rates. By maintaining an economic hedge
consisting of government futures contracts and options, the Company seeks to
reduce interest rate related risk. The portfolio of preferred securities and
futures contracts and options position are intended to produce offsetting
capital gains and losses, both realized and unrealized, as interest rates
change.

The Company enters into forward exchange contracts and currency options,
principally to manage the economic currency risks associated with the purchase
of inventory and the repayment of intercompany loans by its European and
Canadian operations. Gains and losses, related to such contracts, were not
material to its results of operations. The Company does not anticipate any
material adverse impact on its results of operations or financial position from
these contracts.



                                       10
<PAGE>


In February 2000, the Board of Directors authorized the Company to repurchase
2,000,000 additional shares of common stock to bring the total authorization to
7,000,000 shares since the beginning of the Company's stock repurchase program
in March, 1990. During the three months ended September 30, 2000 the Company
repurchased 335,400 shares for $6,527,000. As of September 30, 2000, 5,530,100
shares have been repurchased since the beginning of the Company's stock
repurchase program in March, 1990.

FORWARD-LOOKING STATEMENTS
--------------------------

This filing of the Form 10-Q contains forward-looking statements. Additional
written and oral forward-looking statements may be made by the Company from time
to time in Securities and Exchange Commission (SEC) filings and otherwise. The
Private Securities Litigation Reform Act of 1995 provides a safe-harbor for
forward-looking statements. The Company cautions readers that results predicted
by forward-looking statements, including, without limitation, those relating to
the Company's future business prospects, revenues, working capital, liquidity,
capital needs, interest costs, and income are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
indicated in the forward-looking statements. Specific risks and uncertainties
include, but are not limited to, the Company's ability to continue to
manufacture its products in the Far East, the seasonality of revenues, the
actions of competitors, ability to increase production capacity, price
competition, the effects of government regulation, possible delays in the
introduction of new products, customer acceptance of products, issues related to
the start up of the Company's recently announced Russ Trading division, changes
in foreign currency exchange rates, issues related to the Company's computer
systems and other factors.




                                       11
<PAGE>


PART II - OTHER INFORMATION

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

     a)   Documents filed as part of this Report

          27.1 Financial Data Schedule.

     b)   During the quarter ended September 30, 2000 no reports on Form 8-K
          were filed.


                                       12


<PAGE>

                                   SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.






                             RUSS BERRIE AND COMPANY, INC.
                             -----------------------------
                                     (Registrant)



     11/13/00                By  /s/ NICHOLAS TRUYENS
-----------------------          ---------------------
       Date                      Nicholas Truyens
                                 Vice President,
                                 Chief Financial Officer



                                       13