SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

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

                For the quarterly period ended September 30, 2003
                                               ------------------

                                       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 0-21940
                                                -------

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

                 Delaware                                  51-0228891
                 --------                                  ----------
        (State or jurisdiction of                       (I.R.S. Employer
     incorporation or organization)                    Identification No.)

                        1411 Broadway, New York, NY 10018
                        ---------------------------------
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code (212) 790-3900
                                                           --------------

                                 NOT APPLICABLE
                                 --------------
              (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), Yes |X| No |_| and (2) has been
the subject to such filing requirements for the past 90 days. Yes |X| No |_|.

      Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Act) Yes |_| No |X|.

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

     Common Stock $0.01 par value                          4,367,417
     ----------------------------             ----------------------------------
               (Class)                        (Outstanding at November 11, 2003)
<PAGE>

                         DONNKENNY, INC AND SUBSIDIARIES

                   INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (FORM 10-Q)

PART I - FINANCIAL INFORMATION                                              Page
                                                                            ----

Item 1.  Consolidated financial statements:

            Balance sheets as of  September  30, 2003 (unaudited)
            and December 31, 2002..............................................1

            Statements of operations for the three and nine months
            ended September 30, 2003 and 2002 (unaudited)......................2

            Statements of cash flows for the nine months ended
            September 30, 2003 and 2002 (unaudited)............................3

            Notes to Consolidated Financial Statements (unaudited)..........4-11

Item 2.  Management's Discussion and Analysis of Financial Condition
         and Results of Operations.........................................12-17

Item 3.  Quantitative and Qualitative Disclosures about Market Risk...........18

Item 4.  Controls and Procedures..............................................18

PART II - OTHER INFORMATION

Item 1.  Legal Proceedings....................................................19

Item 6   Exhibits and Reports on Form 8-K..................................19-20

            Signatures........................................................21

            Certifications.................................................22-25
<PAGE>

                  DONNKENNY, INC. AND SUBSIDIARIES
                    Consolidated Balance Sheets
               (in thousands, except per share data)

<TABLE>
<CAPTION>
                                                          September     December 31,
                                                             2003           2002
                                                         -----------    ------------
                                                         (Unaudited)
<S>                                                        <C>           <C>
CURRENT ASSETS
  Cash ...............................................     $     62      $     66
  Accounts receivable - net of allowances for doubtful
  accounts & discounts of $121 and $116, in
  2003 and 2002 respectively .........................        1,067           908
  Due from factor, net ...............................       16,841        19,726
  Recoverable income taxes ...........................           --           203
  Inventories, net ...................................       17,722        15,949
  Prepaid expenses and other current assets ..........        1,255           615
  Assets held for sale ...............................          280           402
                                                           --------      --------
  Total current assets ...............................       37,227        37,869
PROPERTY, PLANT AND EQUIPMENT, NET ...................        3,679         4,515
OTHER ASSETS .........................................          369           234
INTANGIBLE ASSETS ....................................        1,301           821
                                                           --------      --------

TOTAL ................................................     $ 42,576      $ 43,439
                                                           ========      ========

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
  Current portion of long-term debt ..................     $     --      $    253
  Accounts payable ...................................        6,507        10,101
  Accrued expenses and other current liabilities .....        1,971         2,209
                                                           --------      --------
    Total current liabilities ........................        8,478        12,563
                                                           --------      --------
LONG-TERM DEBT .......................................       28,839        23,730

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY:
  Preferred stock $.01 par value; authorized 500
  shares, issued none ................................           --            --
  Common stock, $.01 par value; authorized 10,000
  shares, issued and outstanding 4,367 shares
  in 2003 and 2002 ...................................           44            44
  Additional paid-in capital .........................       50,449        50,449
  Accumulated deficit ................................      (45,234)      (43,347)
                                                           --------      --------
  Total Stockholders' Equity .........................        5,259         7,146
                                                           --------      --------

TOTAL ................................................     $ 42,576      $ 43,439
                                                           ========      ========
</TABLE>

          See accompanying notes to consolidated financial statements.


                                       1
<PAGE>

                        DONNKENNY, INC. AND SUBSIDIARIES
                      Consolidated Statements of Operations
                 (in thousands, except share and per share data)
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                     Three Months Ended             Nine Months Ended
                                                              ------------------------------  ------------------------------
                                                              Sept 30, 2003    Sept 30, 2002  Sept 30, 2003    Sept 30, 2002
                                                              -------------    -------------  -------------    -------------
<S>                                                            <C>              <C>            <C>              <C>
NET SALES ................................................     $    23,436      $   30,688     $    60,235      $    77,484
COST OF SALES ............................................          18,276          22,755          45,472           57,946
                                                               -----------      ----------     -----------      -----------
    Gross profit .........................................           5,160           7,933          14,763           19,538

OPERATING EXPENSES:
    Selling, general and administrative expenses .........           5,081           5,810          15,542           16,222
    Amortization of goodwill and other related
     acquisition costs ...................................              32              --              32               --
                                                               -----------      ----------     -----------      -----------
        Operating (loss) income ..........................              47           2,123            (811)           3,316

INTEREST EXPENSE .........................................             406             504           1,018            1,595
                                                               -----------      ----------     -----------      -----------
    (Loss) income before income taxes and cumulative
    effect of change in accounting principle .............            (359)          1,619          (1,829)           1,721

INCOME TAXES .............................................              27              45              58              135
                                                               -----------      ----------     -----------      -----------
    (Loss) income before cumulative effect of
    change in accounting principle .......................            (386)          1,574          (1,887)           1,586

CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING
PRINCIPLE (no tax benefit recognized) ....................              --              --              --           28,744
                                                               -----------      ----------     -----------      -----------

    NET (LOSS) INCOME ....................................     $      (386)     $    1,574     $    (1,887)     $   (27,158)
                                                               ===========      ==========     ===========      ===========

Basic (loss) income per common share:
    (Loss) income before accounting change ...............     $     (0.09)     $     0.36     $     (0.43)     $      0.36
    Cumulative effect of accounting change ...............              --              --              --            (6.58)
                                                               -----------      ----------     -----------      -----------
        Net (loss) income ................................     $     (0.09)     $     0.36     $     (0.43)     $     (6.22)
                                                               ===========      ==========     ===========      ===========

Diluted (loss) income per common share:
    (Loss) income before accounting change ...............     $     (0.09)     $     0.36     $     (0.43)     $      0.36
    Cumulative effect of accounting change ...............              --              --              --            (6.58)
                                                               -----------      ----------     -----------      -----------
        Net (loss) income ................................     $     (0.09)     $     0.36     $     (0.43)     $     (6.22)
                                                               ===========      ==========     ===========      ===========

Shares used in the calculation of (loss) income per share:
    Basic ................................................       4,367,417       4,367,417       4,367,417        4,367,417
                                                               ===========      ==========     ===========      ===========
    Diluted ..............................................       4,367,417       4,391,036       4,367,417        4,367,417
                                                               ===========      ==========     ===========      ===========
</TABLE>

          See accompanying notes to consolidated financial statements.


                                       2
<PAGE>

                        DONNKENNY, INC. AND SUBSIDIARIES
                      Consolidated Statements of Cash Flows
                                 (in thousands)
                                   (unaudited)

<TABLE>
<CAPTION>
                                                               Nine Months Ended
                                                            ----------------------
                                                            Sept 30,      Sept 30,
                                                              2003          2002
                                                            --------      --------
<S>                                                         <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss ..............................................     $ (1,887)     $(27,158)
Adjustments to reconcile net loss to net cash
  provided by (used in) operating activities:

  Depreciation and amortization of fixed assets .......        1,051         1,119
  Loss on disposal of fixed assets ....................           16            --
  Amortization of intangibles .........................           32            --
  Cumulative effect of change in accounting principle .           --        28,744
  Provision for losses on accounts receivable .........            5            11
Changes in assets and liabilities:
  (Increase) decrease in accounts receivable ..........         (164)          428
  Decrease in due from factor .........................        2,885         2,340
  Decrease in recoverable income taxes ................          203             1
  Increase in inventories .............................       (1,773)       (3,223)
  (Increase) decrease in prepaid expenses and
  other current assets ................................         (640)          427
  (Increase) decrease in other non-current assets .....         (135)           71
  (Decrease) increase in accounts payable .............       (3,594)        4,070
  Decrease in accrued expenses and
  other current liabilities ...........................         (238)       (1,245)
                                                            --------      --------
    Net cash (used in) provided by operating activities       (4,239)        5,585
                                                            --------      --------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchase of property, plant and equipment ...........         (189)         (473)
  Proceeds from sale of property, plant and equipment .           80           143
  License acquisition cost ............................         (512)           --
                                                            --------      --------
    Net cash used in investing activities .............         (621)         (330)
                                                            --------      --------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Repayment of long-term debt .........................         (253)         (825)
  Borrowings under revolving credit line ..............       68,323        76,788
  Repayments under revolving credit line ..............      (63,214)      (81,224)
                                                            --------      --------
    Net cash provided by (used in) financing activities        4,856        (5,261)
                                                            --------      --------

NET DECREASE IN CASH ..................................           (4)           (6)
CASH, AT BEGINNING OF PERIOD ..........................           66            39
                                                            --------      --------

CASH, AT END OF PERIOD ................................     $     62      $     33
                                                            ========      ========

SUPPLEMENTAL DISCLOSURES

Income taxes paid .....................................     $     16      $     68
                                                            ========      ========
Interest paid .........................................     $    999      $  1,602
                                                            ========      ========
</TABLE>

          See accompanying notes to consolidated financial statements.


                                       3
<PAGE>

                        DONNKENNY, INC. AND SUBSIDIARIES
                   Notes to Consolidated Financial Statements
                                   (Unaudited)

NOTE 1 - BASIS OF PRESENTATION

      The accompanying unaudited consolidated financial statements have been
prepared by the Company pursuant to the Rules of the Securities and Exchange
Commission ("SEC") and, in the opinion of management, include all adjustments
(consisting of normal recurring accruals) necessary for the fair presentation of
financial position, results of operations and cash flows. Certain information
and footnote disclosures normally included in financial statements prepared in
accordance with accounting principles generally accepted in the United States of
America have been condensed or omitted pursuant to such SEC rules. The Company
believes the disclosures made are adequate to make such financial statements not
misleading. The results for the interim periods presented are not necessarily
indicative of the results to be expected for the full year. These financial
statements should be read in conjunction with the Company's Report on Form 10-K
for the year ended December 31, 2002. Balance sheet data as of December 31, 2002
have been derived from audited financial statements of the Company. Certain
reclassifications have been made to the 2002 financial statements to conform to
the 2003 presentation.

NOTE 2 - STOCK BASED COMPENSATION

      The Company accounts for its stock-based employee compensation plans under
the recognition and measurement principles of Accounting Principles Board
("APB") Opinion No. 25, Accounting for Stock Issued to Employees, and related
interpretations. No stock-based employee compensation cost is reflected in net
income, as all options granted under those plans had an exercise price equal to
the market value of the Common Stock on the dates of grant. The following table
details the effect on net income and earnings per share if the Company had
applied the fair value recognition provisions of Statement of Financial
Accounting Statement ("SFAS") No. 123, Accounting for Stock-Based Compensation,
as amended by SFAS No. 148, to stock-based employee compensation.

<TABLE>
<CAPTION>
                                            Three Months Ended                Nine Months Ended
                                      ------------------------------   ------------------------------
                                      Sept 30, 2003    Sept 30, 2002   Sept 30, 2003    Sept 30, 2002
                                      -------------    -------------   -------------    -------------
                                                   (in thousands, except per share data)
<S>                                    <C>              <C>             <C>              <C>
Net (loss) income, as reported         $      (386)     $     1,574     $    (1,887)     $   (27,158)

Deduct: Total stock-based employee
   Compensation expense determined
   under fair value based method                34               49              78              147
                                       -----------      -----------     -----------      -----------

Pro-forma net (loss) income            $      (420)     $     1,525     $    (1,965)     $   (27,305)
                                       ===========      ===========     ===========      ===========

(Loss) income per share:
     Basic - as reported               $     (0.09)     $      0.36     $     (0.43)     $     (6.22)
                                       ===========      ===========     ===========      ===========
     Basic - pro-forma                 $     (0.10)     $      0.35     $     (0.45)     $     (6.25)
                                       ===========      ===========     ===========      ===========
     Diluted - as reported             $     (0.09)     $      0.36     $     (0.43)     $     (6.22)
                                       ===========      ===========     ===========      ===========
     Diluted - pro-forma               $     (0.10)     $      0.35     $     (0.45)     $     (6.25)
                                       ===========      ===========     ===========      ===========
</TABLE>


                                       4
<PAGE>

The following weighted-average assumptions were used in the Black-Scholes
option-pricing model for grants in 2003: dividend yield of 0%, volatility of
251%; risk-free interest rate of 3.96%; and an expected life of 8 years.

      Information regarding the Company's stock option plan is summarized below:

<TABLE>
<CAPTION>
                                                September 30, 2003            September 30, 2002
                                           ---------------------------   ---------------------------
                                                          Weighted-                      Weighted-
                                                           Average                        Average
                                            Options     Exercise Price    Options     Exercise Price
                                            -------     --------------    -------     --------------
<S>                                         <C>             <C>           <C>             <C>
Outstanding at beginning of the
period ............................         234,552         $ 6.95        399,928         $ 6.45
Granted ...........................          11,250           0.84             --             --
Exercised .........................              --             --             --             --
Cancelled .........................         (85,776)        $ 9.50         (2,500)        $ 3.75
                                           --------         ------       --------         ------

Outstanding at end of period ......         160,026         $ 5.16        397,428         $ 6.46
                                           ========         ======       ========         ======
Exercisable at end of period ......         131,026         $ 6.12        226,303         $10.54
                                           ========         ======       ========         ======
Available for grant at period end .         315,149                        77,747
                                           ========                      ========
</TABLE>

      The options outstanding at September 30, 2003 range in exercise price as
follows:

<TABLE>
<CAPTION>
                                                    OPTIONS OUTSTANDING                                  OPTIONS EXERCISABLE
                             ----------------------------------------------------------------   ------------------------------------
                             Outstanding as of       Weighted-Average        Weighted-Average   Exercisable as of   Weighted-Average
Range of Exercise Prices         09/30/2003     Remaining Contractual Life    Exercise Price        09/30/2003       Exercise Price
------------------------     -----------------  --------------------------   ----------------   -----------------   ----------------
<S>                                <C>                     <C>                    <C>                 <C>                <C>
  $0.0000 -  $7.2250               135,000                 7.4                    $ 1.39              106,000            $ 1.54

  $7.2251 - $14.4500                 4,375                 4.8                    $11.29                4,375            $11.29

 $14.4501 - $28.9000                13,125                 3.8                    $16.61               13,125            $16.61

 $28.9001 - $43.3500                 1,750                 1.6                    $33.25                1,750            $33.25

 $43.3501 - $65.0250                 3,751                 0.6                    $44.25                3,751            $44.25

 $65.0251 - $72.2500                 2,025                 2.6                    $72.25                2,025            $72.25
                                  --------                ----                    ------             --------            ------
                                   160,026                 6.8                    $ 5.16              131,026            $ 6.12
</TABLE>

NOTE 3 - EARNINGS PER SHARE

Basic net income (loss) per share is computed by dividing net income (loss) loss
attributable to common stockholders by the weighted number of common shares
outstanding during the period. Diluted net loss per share is computed by
dividing the net loss attributable to common stockholders by the weighted
average number of common and common equivalent shares outstanding during the
period.

The effect of outstanding stock option awards is antidilutive and, accordingly,
11,065 and 26,208 stock options which are common stock equivalents have been
excluded from the calculation of diluted loss per share for the three and nine
months periods ended September 30, 2003, respectively.


                                       5
<PAGE>

NOTE 4 - INVENTORIES

Inventories consist of the following:

                                                 Sept 30,          December 31,
                                                   2003                2002
                                                 --------          ------------
                                                        (In thousands)

Raw materials ......................             $  2,507            $    701
Work-in-process ....................                1,401                 143
Finished goods .....................               14,284              16,411
Reserves ...........................                 (470)             (1,306)
                                                 --------            --------
                                                 $ 17,722            $ 15,949
                                                 ========            ========

      Inventories at September 30, 2002 were $21.0 million consisting primarily
of finished goods.

NOTE 5 - DEBT

      On June 29, 1999, the Company and its operating subsidiaries signed a
three-year credit agreement (the "Credit Agreement") with CIT Group/Commercial
Services. The Credit Agreement provided the Company with a $75 million facility
comprised of a $72 million revolver with sub-limits up to $52 million for direct
borrowings, $35 million for letters of credit, certain overadvances and a $3
million term loan which was paid in full as of June 30, 2002.

      The Credit Agreement provides for advances of (i) up to 90% of eligible
accounts receivable plus (ii) up to 60% of eligible inventory plus (iii) up to
60% of the undrawn amount of all outstanding letters of credit plus (iv)
allowable overadvances.

      Collateral for the Credit Agreement includes a first priority lien on all
assets of the Company including accounts receivable, machinery, equipment,
trademarks, intangibles and inventory, a first mortgage on all real property and
a pledge of the Company's stock interest in the Company's operating
subsidiaries, Donnkenny Apparel, Inc. and Beldoch Industries Corporation.

      The Credit Agreement contains numerous financial and operational
covenants, including limitations on additional indebtedness, liens, dividends,
stock repurchases and capital expenditures. In addition, the Company is required
to maintain specified levels of tangible net worth and comply with a requirement
for minimum earnings before depreciation, amortization, interest and taxes
(EBITDA) and a minimum interest coverage ratio, all based upon the Company's
annual business plan approved by the lender.

      Effective January 1, 2003, the Company established covenants and the level
of allowable overadvances with the lender, through an Amendment to the Credit
Agreement dated March 27, 2003, to support its 2003 business plan. The Amendment
also amended the interest rate on the revolving credit borrowings to the prime
rate plus one and one-quarter percent (5.25% at September 30, 2003). No fee was
paid in connection with this Amendment

      The Company also has a factoring agreement with CIT Group/Commercial
Services. The factoring agreement provides for a factoring commission equal to
..35% of gross sales, plus certain customary charges. The factoring agreement
provides for annual renewals on the anniversary date unless either party
terminates the Agreement in accordance with its terms.


                                       6
<PAGE>

      Effective June 30, 2003, the Company through an Amendment and Waiver
Agreement dated August 11, 2003, extended the Final Maturity Date of the Credit
Agreement to June 30, 2007. This Amendment provides the Company with a $65
million facility, and amends the anniversary date of the factoring agreement
from December 2003 to June 30, 2004 with annual renewals thereafter. Fees paid
in connection with this Amendment were $243,750. All other terms and conditions
of the Revolving Credit Agreement remain unchanged.

      As of September 30, 2003, the Company was not in compliance with the
quarterly financial covenants. The Lender has waived this non-compliance. No fee
was paid in connection with the Waiver.

      At September 30, 2003 and 2002, direct borrowings under the revolving
credit facility were $28.8 million and $30.0 million, respectively.
Additionally, the Company had letters of credit outstanding of $6.9 million and
$10.1 million, respectively.

NOTE 6 - GOODWILL AND INTANGIBLE ASSETS

      Intangible assets consisted of licenses of $0.8 million with indefinite
lives and $0.5 million with definite lives at September 30, 2003. At December
31, 2002 intangible assets consisted of $0.8 million of licenses with indefinite
lives. The $0.8 million of intangible assets related to the Pierre Cardin
license acquired from Beldoch Industries Corporation ("Beldoch") in 1995, from
the Beldoch acquisition, and is classified as an intangible asset with an
indefinite life in the Company's September 30, 2003 and December 31, 2002
Consolidated Balance Sheets.

      Prior to January 1, 2002, the Company had net intangible assets of $29.6
million on its Consolidated Balance Sheet. The intangible assets included
goodwill of $25.4 million, which represented the excess purchase price over fair
value of net assets acquired. The assets acquired related to the acquisitions of
the Company in 1989 following a change in control, the sportswear division of
Oak Hill Sportswear Corporation ("Oak Hill"), Beldoch in 1995, and Ann Travis in
2000. Goodwill was amortized on a straight-line basis over expected periods to
be benefited, ranging from 10 to 40 years. Also included in the intangible
assets were $4.2 million of costs related to the Pierre Cardin license acquired
by the Company in connection with the Beldoch acquisition, which were amortized
on a straight-line basis over 20 years.

      As a result of adopting SFAS No. 142, "Goodwill and Other Intangible
Assets," on January 1, 2002, the Company ceased the amortization of goodwill and
other intangible assets with indefinite lives and determined that the value of
its intangible assets had been impaired. An impairment charge of $28.7 million,
recorded as a change in accounting principle, was calculated based upon a
valuation of the Company's market capitalization on January 1, 2002, adjusted
for an estimated premium that a willing buyer would assign to the market
capitalization in the event of a sale of the Company. The premium was based on
an average of such premiums paid in similar transactions in the industry. The
impairment charge consisted of $25.4 million related to goodwill and $3.3
million related to the license. The Company did not record an income tax benefit
related to this charge.

      On May 1, 2003, the Company entered into a licensing arrangement to
manufacture and sell coats under the Bill Blass(R), Bill Blass Signature(R) and
Blassport(R) labels. The Company recorded an intangible asset of approximately
$0.5 million for the costs incurred in connection with the acquisition of the
licenses. The intangible asset is being amortized over the expected life of the
licenses until December 31, 2009.


                                       7
<PAGE>

      The minimum licensing commitments under the Company's licensing
arrangements are disclosed in Note 8.

NOTE 7 - RECENT ACCOUNTING PRONOUNCEMENTS

      In December 2002, the FASB issued SFAS No. 148, "Accounting for
Stock-Based Compensation--Transition and Disclosure--an amendment of FASB
Statement No. 123". SFAS No. 148 amends SFAS No. 123, "Accounting for
Stock-Based Compensation", to provide alternative methods of transition for a
voluntary change to the fair value based method of accounting for stock-based
employee compensation. In addition, this Statement amends the disclosure
requirements of Statement 123 to require prominent disclosures in both annual
and interim financial statements about the method of accounting for stock-based
employee compensation and the effect of the method used on reported results. The
disclosure amendments to Statement 123 contained in SFAS No. 148 are effective
for financial statements for fiscal years ending after December 15, 2002. The
Company has adopted the disclosure provisions of SFAS No. 148.

      In April 2003, the FASB issued SFAS No. 149, "Amendment of Statement 133
on Derivative Instruments and Hedging Activities." SFAS No. 149 amends and
clarifies financial accounting and reporting for derivative instruments,
including certain derivative instruments embedded in other contracts and for
hedging activities under FASB Statement No. 133, "Accounting for Derivative
Instruments and Hedging Activities." SFAS No. 149 is effective for contracts
entered into or modified after June 30, 2003, and for hedging relationships
designated after June 30, 2003. The Company does not expect adoption of SFAS No.
149 to have an impact on the consolidated financial statements as the Company
does not engage in derivative or hedging activity.

      In May 2003, the FASB issued SFAS 150, "Accounting for Certain Financial
Instruments with Characteristics of both Liabilities and Equity," effective for
financial instruments entered into or modified after May 31, 2003, and otherwise
is effective at the beginning of the first interim period beginning after June
15, 2003. This statement establishes standards for how an issuer classifies and
measures certain financial instruments with characteristics of both liabilities
and equity. It requires that an issuer classify a freestanding financial
instrument that is within its scope as a liability (or an asset in some
circumstances). The adoption of SFAS 150 will not have an impact on the
Company's reported consolidated financial position, results of operations or
cash flows.

NOTE 8 - COMMITMENTS AND CONTINGENCIES

      a.    On April 27, 1998, Wanda King, a former employee of the Company,
            commenced an action against the Company in the United States
            District Court for the Western District of Virginia. In her
            complaint, the Plaintiff sought damages in excess of $8.0 million
            claiming that she was constructively discharged by the Company. The
            Company interposed an Answer to the amended Complaint denying the
            material allegations asserted in the Complaint and brought a motion
            for summary judgment to dismiss the case. On October 22, 2001, the
            Magistrate Judge, after considering the Motion for Summary Judgment,
            recommended to the United States District Court that the case
            against the Company be dismissed in its entirety. The Plaintiff
            objected to the recommendation of the Magistrate Judge. By Order
            dated February 25, 2002, the United States District Judge granted
            the Company's motion for summary judgment. The Plaintiff appealed
            this determination to the United States Court of Appeals for the
            Fourth Circuit. On appeal, the United States Court of Appeals for
            the Fourth Circuit reversed the United States District Court's
            decision and remanded the case back to the District Court for
            further consideration. The Company renewed its motion for summary
            judgment and the District Court, by decision dated November 6, 2003,


                                       8
<PAGE>

            granted the motion in part and dismissed the claims of the Plaintiff
            for infliction of emotional distress and let stand Plaintiff's claim
            for wrongful discharge. Further discovery will be conducted
            regarding the Plaintiff's claim prior to trial.

      b.    The Company is also a party to legal proceedings arising in the
            ordinary course of its business. Management believes that the
            ultimate resolution of these proceedings will not, in the aggregate,
            have a material adverse effect on the financial condition, results
            of operations, liquidity or business of the Company.

      c.    The Company's License Agreements for the manufacture of garments
            under licensed trademarks provide for payments of annual minimum
            royalty amounts. The Company estimates that the minimum guaranteed
            royalties for these Licenses are approximately $8.8 million as of
            September 30, 2003. These minimum payments are payable over the
            terms of the Agreements, including renewal periods, through 2009.
            There are no maximums to the royalty amounts.

      d.    On June 16, 2003, the Company entered into a licensing arrangement
            to manufacture knits, sweaters, and woven tops under the Z.
            Cavaricci label. The Company intends to begin shipments with the
            Spring 2004 season. The guaranteed minimum royalties for this
            license are reflected in the amount disclosed in Note 8c.

      e.    On September 10, 2003, the Company entered into a licensing
            arrangement to manufacture women's overcoats under the Nicole Miller
            label. The Company intends to begin shipments with the Fall 2004
            season. The guaranteed minimum royalties for this license are
            reflected in the amount disclosed in Note 8c.

      f.    The Company has agreed to purchase $2.7 million of raw materials in
            connection with the manufacturing of coats. It is estimated that 60%
            of this amount will be purchased in 2003 and the balance in 2004. To
            date, approximately $1.0 million has been purchased against this
            commitment.

NOTE 9 - SUBSEQUENT EVENTS

      a.    On October 1, 2003, the Company acquired certain assets of Robyn
            Meredith Inc.("RMI"). The assets that were acquired were the assets
            of RMI devoted to its women's sportswear business and consisted of
            inventory of finished goods, raw materials and trim, certain
            tradenames including the name "Robyn Meredith", open purchase orders
            and certain equipment that was subject to equipment lease
            agreements. The Company intends to continue to use these assets for
            the manufacture and distribution of women's sportswear. The
            acquisition is a component in the Company's long-term strategy to be
            a private label and branded business and will enable the Company to
            expand its avenues of distribution.


                                       9
<PAGE>

            The purchase price paid to RMI by the Company was $4.6 million, of
            which $3.4 million was delivered at the closing of the transaction
            and $1.2 million was represented by the delivery of a Promissory
            Note providing for equal monthly payments over three years without
            interest discounted to $1.1 million. The total purchase price
            including professional fees was $4.8 million. The Company also took
            over a lease obligation for facilities in Burlington New Jersey to
            be used primarily for office space and for some finishing and
            shipping functions. The lease for the premises provides for a three
            year term plus payment of a pro-rata portion of common expenses for
            the building. The Company also entered into a month to month
            agreement for temporary space in the Burlington New Jersey building.


                                       10
<PAGE>

      The following table summarizes the estimated fair values of the assets
acquired.

                                     ($000s)

        Inventory                                                 $3,104

        Intangibles                                                   50

        Goodwill                                                   1,633
                                                                  ------

                 Total assets acquired                            $4,787
                                                                  ======

Pro Forma Financial Information:

The pro forma financial information presented below gives effect to the Robyn
Meredith acquisition as if it had occurred as of the beginning of the Company's
fiscal year 2002. The information presented below is for illustrative purposes
only and is not indicative of results that would have been achieved or results
which may be achieved in the future.

<TABLE>
<CAPTION>
                                                                            Proforma Financial Information
                                                                  (in thousands, except share and per share data)
                                                                                    (unaudited)

                                                               Three Months Ended                     Nine Months Ended
                                                        Sept 30,2003       Sept 30, 2002     Sept 30, 2003        Sept 30, 2002
                                                        ------------       -------------     -------------        -------------
<S>                                                      <C>                <C>                <C>                 <C>
Net Sales                                                $   30,579         $   37,085         $   82,484          $    97,963

(Loss) income before cumulative effect of change
in accounting principle                                      (1,131)             1,618             (2,525)               1,563

Cumulative effect of change in accounting
principle                                                        --                 --                 --              (28,744)
                                                        -----------         ----------        -----------         ------------
Net (Loss) Income                                       ($    1,131)        $    1,618        ($    2,525)        ($    27,181)
                                                        ===========         ==========        ===========         ============

Net (Loss) Income per share

Basic (loss) income per common share:
  Loss (Income) before accounting change                ($     0.26)        $     0.37        ($     0.58)         $      0.36
  Cumulative effect of accounting change                         --                 --                 --                (6.58)
                                                        -----------         ----------        -----------         ------------
     Net (loss) income                                  ($     0.26)        $     0.37        ($     0.58)        ($      6.22)
                                                        ===========         ==========        ===========         ============

Diluted (loss) income per common share:
  Loss (Income) before accounting change                ($     0.26)        $     0.37        ($     0.58)         $      0.36
  Cumulative effect of accounting change                         --                 --                 --                (6.58)
                                                        -----------         ----------        -----------         ------------
     Net (loss) income                                  ($     0.26)        $     0.37        ($     0.58)        ($      6.22)
                                                        ===========         ==========        ===========         ============

Shares used in the calculation of (loss)
income per share:
  Basic                                                   4,367,417          4,367,417          4,367,417            4,367,417
                                                        ===========         ==========        ===========         ============
  Diluted                                                 4,367,417          4,391,036          4,367,417            4,367,417
                                                        ===========         ==========        ===========         ============
</TABLE>

      b. Effective October 1, 2003, Harry A. Katz resigned as a member of the
Company's Board of Directors.


                                       11
<PAGE>

                        DONNKENNY, INC. AND SUBSIDIARIES
       ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                            AND RESULTS OF OPERATIONS

Comparison of Nine Months Ended September 30, 2003 and 2002

      Net sales decreased by $17.3 million, or 22.3% from $77.5 million in the
first nine months of 2002 to $60.2 million in the first nine months of 2003. The
decline was primarily due to the continuing slow retail environment, uncertainty
about the war with Iraq and low consumer confidence. The Company is also
experiencing increased competition from both retailers private label brands as
well as recognizable brands, which caused a drop in the Company's core business.

      Gross profit for the first nine months of 2003 was $14.8 million, or 24.5%
of net sales, compared to $19.5 million, or 25.2% of net sales, during the first
nine months of 2002. The decrease in gross profit was due to the drop in sales
and the sell off of slow moving inventory.

      Selling, general and administrative expenses for the first nine months of
2003 were $15.5 million compared to $16.2 million in the first nine months of
2002. The decrease in selling, general and administrative expenses was primarily
due to reductions in headcount and reductions in distribution, administration
and product-related expenses.

      Net interest expense decreased from $1.6 million during the first nine
months of 2002 to $1.0 million during the first nine months of 2003. The
decrease was attributable to lower revolving credit borrowings under the credit
agreement, a lower interest rate and interest received from an income tax
refund.

      The Company recorded a provision for state and local income taxes of
$0.135 million in the first nine months of 2002 compared to $0.058 million in
2003. In the first nine months of 2003, an audit of prior years State income tax
returns was completed. As a result, the Company received additional refunds of
$0.06 million.

      In the first nine months of 2002, the Company recorded an impairment
charge related to goodwill and intangible assets of $28.7 million as a change in
accounting principle upon the adoption of SFAS No. 142.

Comparison of Quarters Ended September 30, 2003 and 2002

      Net sales decreased by $7.3 million, or 23.7% from $30.7 million in the
third quarter of 2002 to $23.4 million in the third quarter 2003. The decline
was primarily due to the slow retail environment, competitive price reductions,
and low consumer confidence which caused a drop in the Company's core
businesses. The Company is also experiencing increased competition from both
retailers private label brands as well as recognizable brands, which caused a
drop in the Company's core business.

      Gross profit for the third quarter of 2003 was $5.2 million, or 22.0% of
net sales, compared to $7.9 million, or 25.9% of net sales, during the third
quarter of 2002. The decrease in gross profit in dollars was due to the drop in
sales as a result of the slow retail environment.

      Selling, general and administrative expenses for the third quarter 2003
was $5.1 million compared to $5.8 million in the third quarter of 2002. The
decrease in selling, general and administrative expenses was primarily due to
reductions in headcount and reductions in distribution, sales, administrative
and product-related expenses.


                                       12
<PAGE>

      Net interest expense decreased from $0.5 million during the third quarter
of 2002 to $0.4 million during the third quarter of 2003. The decrease was
attributable to lower revolving credit borrowings under the credit agreement and
a lower interest rate.

      The Company recorded a provision for state and local income taxes of $0.03
million in third quarter 2003 and $0.05 million in 2002.

New Licensing Agreements

      On May 1, 2003, the Company entered into a licensing arrangement to
manufacture and sell coats under the Bill Blass(R), Bill Blass Signature(R) and
Blassport(R) labels. The Company began shipments with the Fall 2003 season.

      On June 16, 2003, the Company entered into a licensing arrangement to
manufacture knits, sweaters, and woven tops under the Z. Cavaricci label. The
Company intends to begin shipments with the Spring 2004 season.

      On September 10, 2003, the Company entered into a licensing arrangement to
manufacture women's overcoats under the Nicole Miller label. The Company intends
to begin shipments with the Fall 2004 season.

Liquidity and Capital Resources

      The Company's liquidity requirements arise from the funding of working
capital needs, primarily inventory and accounts receivable, and interest and
principal payments related to certain indebtedness and capital expenditures. The
Company's borrowing requirements for working capital fluctuate throughout the
year.

      On June 29, 1999, the Company and its operating subsidiaries signed a
three-year credit agreement (the "Credit Agreement") with CIT Group/Commercial
Services. The Credit Agreement provided the Company with a $75 million facility
comprised of a $72 million revolver with sub limits up to $52 million for direct
borrowings, $35 million for letters of credit, certain overadvances and a $3
million term loan which was paid in full as of June 30, 2002.

      The Credit Agreement provides for advances of (i) up to 90% of eligible
accounts receivable plus (ii) up to 60% of eligible inventory plus (iii) up to
60% of the undrawn amount of all outstanding letters of credit plus (iv)
allowable overadvances.

      Collateral for the Credit Agreement includes a first priority lien on all
assets of the Company including, accounts receivable, machinery, equipment,
trademarks, intangibles and inventory, a first mortgage on all real property and
a pledge of the Company's stock interest in the Company's operating
subsidiaries, Donnkenny Apparel, Inc. and Beldoch Industries Corporation.

      The Credit Agreement contains numerous financial and operational
covenants, including limitations on additional indebtedness, liens, dividends,
stock repurchases and capital expenditures. In addition, the Company is required
to maintain specified levels of tangible net worth and comply with a requirement
for minimum earnings before depreciation, amortization, interest and taxes
(EBITDA) and a minimum interest coverage ratio, all based upon the Company's
annual business plan approved by the lender.


                                       13
<PAGE>

      Effective January 1, 2003, the Company established covenants and the level
of allowable overadvances with the lender, through an Amendment to the Credit
Agreement dated March 27, 2003, to support its 2003 business plan. The Amendment
also amended the interest rate on the revolving credit borrowings to the prime
rate plus one and one-quarter percent (5.25% at September 30, 2003). No fee was
paid in connection with this Amendment.

      The Company also has a factoring agreement with CIT Group/Commercial
Services. The factoring agreement provides for a factoring commission equal to
..35% of gross sales, plus certain customary charges. The factoring agreement
provides for annual renewals on the anniversary date unless either party
terminates the Agreement in accordance with its terms.

      Effective June 30, 2003, the Company through an Amendment and Waiver
Agreement dated August 11, 2003, extended the Final Maturity Date of the Credit
Agreement to June 30, 2007. This Amendment provides the Company with a $65
million facility, and amends the anniversary date of the factoring agreement
from December 2003 to June 30, 2004 with annual renewals thereafter. Fees paid
in connection with this Amendment were $243,750. All other terms and conditions
of the Revolving credit Agreement remain unchanged.

      As of September 30, 2003, the Company was not in compliance with the
quarterly financial covenants. The Lender has waived this non-compliance. No fee
was paid in connection with the Waiver.

      During the first nine months of 2003, cash used in operating activities
was $4.2 million, principally as the result of decreases in accounts payable and
increases in inventory and prepaid expenses and other current assets partially
offset by decreases in due from factor. On a comparable basis, net inventories
at September 30, 2003 were $3.3 million less than September 30, 2002. During the
first nine months of 2002, cash provided by operating activities was $5.6
million, principally as the result of decreases in accounts receivable and due
from factor and prepaid expenses and increases in accounts payable partially
offset by increases in inventories and decreases in accrued expenses and other
current liabilities.

      Cash used in investing activities during the first nine months of 2003 was
$0.6 million, mainly for the purchase of fixed assets, principally computer
equipment and related software and costs associated with the acquisition of a
license. Cash used in investing activities during the first nine months of 2002
included $0.5 million for the purchase of fixed assets, principally computer
equipment and related software, partially offset by $0.1 million from the sale
of fixed assets.

      Cash provided by financing activities during the first nine months of 2003
was $4.8 million, which represents net borrowings under the revolver of $5.1
million and repayments of $0.3 million on the term loan. Cash used in financing
activities during the first nine months of 2002 was $5.3 million, which
represents net repayments under the revolver of $4.5 million and repayments of
$0.8 million on the term loan.

      The Company believes that cash flows from operations and amounts available
under the Credit Agreement, as amended, will be sufficient for its needs for the
foreseeable future.


                                       14
<PAGE>

Contractual Commitments and Contingent Liabilities

The following table summarizes the Company's contractual commitments at
September 30, 2003:

<TABLE>
<CAPTION>
Contractual Obligations         Payments due by     Less than         1-3 years         3-5 years         More than
(In Thousands)                      period            1 year                                               5 years

                                    Total
<S>                                <C>               <C>              <C>                <C>              <C>
Long Term debt                     $ 28,839          $                      --           $ 28,839               --
Operating Leases                   $ 12,179          $  2,787         $  6,947           $  2,445               --
Guaranteed Minimum Royalties       $  8,800          $  2,006         $  3,069           $  2,400         $  1,325
Notes Payable                      $  1,200          $    333         $    867
Letters of Credit                  $  6,982          $  6,982               --                 --               --
                                   --------          --------         --------           --------         --------
Total                              $ 58,000          $ 12,108         $ 10,883           $ 33,684         $  1,325
</TABLE>

The Company has not provided any financial guarantees as of September 30, 2003.

Seasonality of Business and Fashion Risk

      The Company's principal products are organized into seasonal lines for
resale at the retail level during the Spring, Summer, Transition, Fall and
Holiday seasons. Typically, the Company's products are designed as much as one
year in advance and manufactured approximately one season in advance of the
related retail selling season. Accordingly, the success of the Company's
products is often dependent on the ability to successfully anticipate the needs
of retail customers and the tastes of the ultimate consumer up to a year prior
to the relevant selling season.


                                       15
<PAGE>

Critical Accounting Policies and Estimates

      The Company's significant accounting policies are more fully described in
Note 1 to the Annual Consolidated Financial Statements filed on Form 10-K (not
presented herein). Certain of the Company's accounting policies require the
application of significant judgment by management in selecting the appropriate
assumptions for calculating financial estimates. By their nature, these
judgments are subject to an inherent degree of uncertainty. These judgments are
based on historical experience, observation of trends in the industry,
information provided by customers and information available from other outside
sources, as appropriate. Critical accounting policies include:

      Revenue Recognition - The Company recognizes sales upon shipment of
products to customers as title and risk of loss pass upon shipment. Provisions
for estimated uncollectible accounts, discounts and returns and allowances are
provided when sales are recorded based upon historical experience and current
trends. While such amounts have been within expectations and the provisions
established, the Company cannot guarantee that it will continue to experience
the same rates as in the past.

      Accounts Receivable and Due from Factor - Accounts Receivable and due from
factor as shown on the Consolidated Balance Sheets, are net of allowances and
anticipated discounts. An allowance for doubtful accounts is determined through
analysis of the aging of accounts receivable at the date of the financial
statements, assessments of collectibility based on historic trends and an
evaluation of the impact of economic conditions. The allowance for doubtful
accounts is not significant since the Company sells a substantial portion of its
trade receivables to a commercial factor, without recourse, up to maximum credit
limits established by the factor for each individual account. Receivables sold
in excess of these limitations are subject to recourse in the event of
non-payment by the customer. An allowance for discounts is based on those
discounts relating to open invoices where trade discounts have been extended to
customers. Costs associated with potential returns of products as well as
allowable customer markdowns and operational charge backs, net of expected
recoveries, are included as a reduction to net sales and are part of the
provision for allowances. These provisions result from seasonal negotiations as
well as historic deduction trends, net expected recoveries and the evaluation of
current market conditions. The Company's historical estimates of these costs
have not differed materially from actual results.

      Inventories - Inventory is stated at the lower of cost or market, cost
being determined on the first-in, first-out method. Reserves for slow moving and
aged merchandise are provided based on historical experience and current product
demand. Inventory reserves for slow moving and aged merchandise were $0.5
million and $1.3 million at September 30, 2003 and December 31, 2002,
respectively. Inventory reserves decreased due to the levels and composition of
inventory on hand at September 30, 2003. Additionally, during the first nine
months of 2003, the Company directly wrote down the value of certain
merchandise, which reduced the cost of finished goods and reduced corresponding
inventory reserves. The Company evaluates the adequacy of the reserves
quarterly. While markdowns have been within expectations and the provisions
established, the Company cannot guarantee that it will continue to experience
the same level of markdowns as in the past.


                                       16
<PAGE>

      Valuation of Long-Lived Assets - The Company periodically reviews the
carrying value of its long-lived assets for continued appropriateness. This
review is based upon projections of anticipated future undiscounted cash flows.
While the Company believes that its estimates of future cash flows are
reasonable, different assumptions regarding such cash flows could materially
affect evaluations.

      Income Taxes - The Company provides for income taxes only to the extent
that it expects to pay taxes (primarily state franchise and local taxes). As of
December 31, 2002, the Company's cumulative net operating loss (NOL)
carryforward of $18.3 million for federal income taxes and $29.4 million for
state income taxes, resulted in estimated tax benefits of $7.6 million. However,
the Company has recorded a valuation allowance against these deferred tax assets
due to the size of the NOL carryforward and the Company's history of
unprofitable operations. However, should the Company conclude that future
profitability is reasonably assured, the value of the deferred tax asset would
be increased by eliminating some or all of the valuation allowance. Subsequent
revisions to the estimated value of the deferred tax asset could cause the
Company's provision for income taxes to vary from period to period; payments
would remain unaffected until the benefit of the NOL is utilized.

      Forward Looking Statements - This Form 10-Q (including but not limited to
the sections hereof entitled "Business" and "Management's Discussion and
Analysis") contains or incorporates by reference forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Where any such forward-looking statement includes a statement of the assumptions
or bases underlying such forward-looking statement, the Company cautions that
assumed facts or bases almost always vary from the actual results, and the
differences between assumed facts or bases and actual results can be material,
depending on the circumstances. Where, in any forward-looking statement, the
Company or its management expresses an expectation or belief as to future
results, there can be no assurance that the statement of the expectation or
belief will result, or be achieved or accomplished. The words "believe",
"expect", "estimate", "project", "seek", "anticipate" and similar expressions
may identify forward-looking statements.


                                       17
<PAGE>

Item 3. Quantitative and Qualitative Disclosures about Market Risk

      Interest Rate Risk - The Company is subject to market risk from exposure
to changes in interest rates based primarily on its financing activities. The
market risk inherent in the financial instruments represents the potential loss
in earnings or cash flows arising from adverse changes in interest rates. These
debt obligations with interest rates tied to the prime rate are described in
"Liquidity and Capital Resources", as well as Note 4 of the Notes to the
Consolidated Financial Statements. The Company manages these exposures through
regular operating and financing activities. The Company has not entered into any
derivative financial instruments for hedging or other purposes. The following
quantitative disclosures are based on the prevailing prime rate. These
quantitative disclosures do not represent the maximum possible loss or any
expected loss that may occur, since actual results may differ from these
estimates.

      At September 30, 2003 and 2002, the carrying amounts of the Company's
revolving credit borrowings and term loans approximated fair value. Effective
January 1, 2003, the Company's revolving credit borrowings under its Credit
Agreement bear interest at the prime rate plus one and one-quarter percent
(5.25% at September 30, 2003). As of September 30, 2003, a hypothetical
immediate 10% adverse change in prime interest rates (from 4.0% to 4.4%)
relating to the Company's revolving credit borrowings would have a $0.1 million
unfavorable impact on the Company's earnings and cash flows over a one-year
period.

Item 4. Controls and Procedures

      The Company's management with the participation of Daniel H. Levy, the
Chief Executive Officer and Maureen d Schimmenti, the Chief Financial Officer of
the Company has evaluated the effectiveness of the Company's disclosure controls
and procedures as of the end of the period covered by this report. Based on this
evaluation the Company's Chief Executive Officer and Chief Financial Officer,
concluded that the Company's disclosure controls and procedures are effective in
alerting them on a timely basis to material information required to be included
in the reports that it files or submits under the Securities and Exchange Act of
1934, as amended. Such evaluation did not identify any change in the Company's
internal control over financial reporting that occurred during the quarter ended
September 30, 2003, that has materially affected, or is reasonably likely to
materially affect, the Company's internal control over financial reporting.


                                       18
<PAGE>

                           PART II. OTHER INFORMATION

ITEM 1. Legal Proceedings

      On April 27, 1998, Wanda King, a former employee of the Company, commenced
an action against the Company in the United States District Court for the
Western District of Virginia. In her complaint, the Plaintiff sought damages in
excess of $8.0 million claiming that she was constructively discharged by the
Company. The Company interposed an Answer to the amended Complaint denying the
material allegations asserted in the Complaint and brought a motion for summary
judgment to dismiss the case. On October 22, 2001, the Magistrate Judge, after
considering the Motion for Summary Judgment, recommended to the United States
District Court that the case against the Company be dismissed in its entirety.
The Plaintiff objected to the recommendation of the Magistrate Judge. By Order
dated February 25, 2002, the United States District Judge granted the Company's
motion for summary judgment. The Plaintiff appealed this determination to the
United States Court of Appeals for the Fourth Circuit. On appeal, the Fourth
Circuit reversed the District Court's decision and remanded the case back to the
District Court for further consideration. The Company renewed its motion for
summary judgment and the District Court, by decision dated November 6, 2003,
granted the motion in part and dismissed the claims of the Plaintiff for
infliction of emotional distress and let stand Plaintiff's claim for wrongful
discharge. Further discovery will be conducted regarding the Plaintiff's claim
prior to trail.

      The Company is also a party to legal proceedings arising in the ordinary
course of its business. Management believes that the ultimate resolution of
these proceedings will not, in the aggregate, have a material adverse effect on
financial condition, results of operations, liquidity or business of the
Company.

ITEM 2. Not Applicable

ITEM 3. Not Applicable

ITEM 4. Not Applicable

ITEM 5. Not Applicable

ITEM 6. Exhibits and Reports on Form 8-K

(a)   Exhibits

      Exhibit No.   Description of Exhibit
      -----------   ----------------------

      31.1          Certification Pursuant to Section 302 of the Sarbanes-Oxley
                    Act of 2002.

      31.2          Certification Pursuant to Section 302 of the Sarbanes-Oxley
                    Act of 2002.

      32.1          Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
                    Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

      32.2          Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
                    Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.


                                       19
<PAGE>

(b)   Reports on Form 8-K

      On September 2, 2003, the Company filed a Current Report on Form 8-K
      reporting the designation of Mahoney Cohen & Company, CPA, P.C. as the
      Company's new independent auditors.

      On September 3, 2003, the Company filed a Current Report on Form 8-KA
      regarding the designation of Mahoney Cohen & Company, CPA, P.C. as new
      independent auditors.

      On September 19, 2003, the Company filed a Current Report on Form 8-K
      announcing plans to acquire the Robyn Meredith Sportswear business.

      On October 7, 2003, the Company filed a Current Report on Form 8-K
      reporting the acquisition of the assets of the Robyn Meredith Sportswear
      business.


                                       20
<PAGE>

                                   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.

                                           Donnkenny, Inc.
                                           Registrant


Date: November 13, 2003                    /s/ Daniel H. Levy
                                           ------------------------------------
                                           Daniel H. Levy
                                           Chairman of the Board,
                                           Chief Executive Officer


Date: November 13, 2003                    /s/ Maureen d. Schimmenti
                                           ------------------------------------
                                           Maureen d. Schimmenti
                                           Vice President
                                           and Chief Financial Officer,
                                           (Principal Financial Officer)


                                       21