SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   ----------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): January 18, 2000

                           NANTUCKET INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)

          Delaware                     001-08509                 58-0962699
(State or other jurisdiction          (Commission             (I.R.S. Employer
      of incorporation)               File Number)           Identification No.)

      73 Fifth Avenue, Suite 6A
             New York, NY                                          10003
(Address of principal executive offices)                         (Zip Code)

                                 (917) 853-0475
              (Registrant's telephone number, including area code)
              (Former name, former address and former fiscal year,
                          if changed since last report)


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ITEM 3. Bankruptcy or Receivership

      On March 3, 2000,  Nantucket  Industries,  Inc.  (the  "Company")  filed a
Voluntary  Petition under Chapter 11 of the United States Bankruptcy Code in the
U.S.  Bankruptcy  Court  for the  Southern  District  of New York.  (Case  Name:
Nantucket  Industries,  Inc., Case Number:  00-B 10867).  The Company intends to
file a Chapter 11 Plan and a Disclosure Statement on or before July 3, 2000.

ITEM 5. Other Events

1. Appointment of John H. Treglia

      At a special meeting of the board of directors,  held on January 18, 2000,
John H.  Treglia was  appointed as a director of the Company to fill the vacancy
caused by the  resignation  of James H. Carey,  which had occurred on October 8,
1999.  Mr.  Treglia was also  appointed  President and Secretary of the Company.
Upon the  appointment  of Mr.  Treglia,  the  Company's  board  consisted of the
following five persons, John H. Treglia,  Steven Schneider,  Marc Feder, Kenneth
Klein,  and George J. Gold.  The  appointment  of Mr.  Treglia as an officer and
director  of the  Company,  was made in  contemplation  of the  Company's  being
reorganized through a Chapter 11 proceeding because, since the fall of 1999, the
Company  has  been  insolvent  and  dormant   without  any  assets  or  business
operations.

      Mr. Treglia is 57 years old and a graduate of Iona College,  from which he
received a BBA in Accounting in 1964.  Mr. Treglia was employed as an accountant
by Ernst & Ernst for seven years and,  thereafter,  founded and operated several
businesses in various  areas.  From 1994 through 1998,  Mr.  Treglia served as a
consultant to several  companies which were in Chapter 11. These included J.R.B.
Contracting,  Inc., Laguandia  Contracting,  and Melli-Borrelli  Associates.  In
1996, Mr. Treglia  founded  Accutone Inc., a company  engaged in the business of
manufacturing and distributing hearing aids.

2. Resignation of Three Directors

      At a meeting of the board of directors  held on February  17, 2000,  March
Feder  resigned  his  position  as a  director  of the  Company.  The  remaining
directors  present at the meeting  appointed Dr. Frank J.  Castanaro to fill the
vacancy on the board caused by Mr. Feder's  resignation.  Subsequent to the said
meeting,  two more directors,  Steven  Schneider and Kenneth Klein also resigned
from the board.

      Dr. Castanaro,  who is 49 years old, received a Bachelor of Science degree
from the  University of Scranton in 1974. In 1978 he graduated  from  Georgetown
University  School of  Dentistry  and has been in private  practice as a dentist
since such time. Dr. Castanaro has also


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assisted  two large  ophthalmology  practices  to  introduce  and  expand  their
activities in Laser therapy,  including,  but not limited to. Lasik  procedures.
Dr. Castanaro  presently practices dentistry in partnership with Dr.'s Joseph C.
and John B. Fontana in Peekskill,  New York, and has a solo practice in Yonkers,
New york.  Dr.  Castanaro is a member of the American  Dental  Association,  the
Dental Society of the State of New York, the Ninth District Dental Society,  and
the Peekskill-Yorktown Dental Society.

ITEM 7. EXHIBITS

      No Exhibits are being filed with this Report.

                                    SIGNATURE

      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 hereunto duly authorized.

                                       NANTUCKET INDUSTRIES INC.

Dated: March 7, 2000                   By /s/ John H. Treglia
                                          --------------------------------------
                                              John H. Treglia, President
                                                    and Secretary

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