<PAGE>


                                 UNITED STATES
                      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         December 31, 1996           .
                               ------------------------------------

                                      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 1-9169

                              BERNARD CHAUS, INC.
------------------------------------------------------------------------------
            (Exact Name of Registrant as Specified in its Charter)

            New York                                 13-2807386
------------------------------------------------------------------------------
(State or other jurisdiction of             (I.R.S. employer identification
 incorporation or organization)                       number)


    1410 Broadway, New York, New York                          10018
------------------------------------------------------------------------------
(Address of Principal Executive Offices)                     (Zip Code)

       Registrant's telephone number, including area code (212) 354-1280


------------------------------------------------------------------------------
             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.

         Date                     Class                 Shares Outstanding
         ----                     -----                --------------------
  February 7, 1997     Common Stock, $0.01 par value        26,277,274

<PAGE>



                     BERNARD CHAUS, INC. AND SUBSIDIARIES

                                     INDEX



PART I   FINANCIAL INFORMATION

Item 1.  Financial Statements (Unaudited)                              PAGE

          Condensed Consolidated Balance Sheets as of
          December 31, 1996, June 30, 1996 and
          December 31, 1995                                              3

          Condensed Consolidated Statements of Operations
          for the Six Months and Quarters ended
          December 31, 1996 and 1995                                     4

          Condensed Consolidated Statements of Cash Flows
          for the Six Months ended December 31, 1996 and 1995            5

          Notes to Condensed Consolidated Financial Statements           6

Item 2.  Management's Discussion and Analysis of Financial
         Condition and Results of Operations                           6 - 10

PART II  OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K                                11

SIGNATURES                                                               12

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

PART I -- FINANCIAL INFORMATION
Item 1.  Financial Statements

                     BERNARD CHAUS, INC. AND SUBSIDIARIES
                     CONDENSED CONSOLIDATED BALANCE SHEETS
         (In thousands, except number of shares and per share amounts)

<TABLE>
<CAPTION>
                                                            December 31,       June 30,      December 31,
                                                                1996             1996            1995
                                                            ------------       ---------     -------------
                                                             (Unaudited)                       (Unaudited)
<S>                                                         <C>               <C>            <C>
ASSETS
Current Assets
 Cash and cash equivalents                                     $    39         $    247          $    312
 Accounts receivable, net                                        7,124            7,995            19,401
 Inventories                                                    19,020           21,256            22,491
 Prepaid expenses and other current assets                         787              783             1,015
                                                              --------          -------           -------
   Total current assets                                         26,970           30,281            43,219
Fixed assets-- net                                               1,584            1,898             2,023
Other assets                                                     1,003              563               526
                                                               -------          -------           -------
                                                               $29,557          $32,742           $45,768
                                                               =======          =======           =======

LIABILITIES AND STOCKHOLDERS' DEFICIENCY
Current Liabilities
  Notes payable-- banks                                        $29,906          $26,077           $17,077
  Accounts payable                                              13,639           17,435            20,940
  Accrued expenses                                               5,559            6,056             5,484
  Accrued restructuring expenses                                -- 0--              196               811
                                                               -------          -------           -------
    Total current liabilities                                   49,104           49,764            44,312
Subordinated promissory notes                                   24,957           23,588            22,306
Accrued restructuring expenses                                      --                --               --
                                                               -------          -------           -------
                                                                74,061           73,352            66,618
STOCKHOLDERS' DEFICIENCY
  Preferred stock, $.01 par value,
   authorized shares -- 1,000,000;
   outstanding shares -- none
  Common stock, $.01 par value; authorized shares -- 50,000,000;
   issued shares -- 26,899,974 at December 31, 1996, 26,893,724 at
   June 30, 1996 and 26,883,641 at
   December 31, 1995                                               269              269               269
  Additional paid-in capital                                    65,463           65,450            65,110
  Deficit                                                     (108,756)        (104,849)          (84,749)
  Less:  Treasury stock, at cost --
     622,700 shares                                             (1,480)          (1,480)           (1,480)
                                                              --------         --------          --------

     Total stockholders' deficiency                            (44,504)         (40,610)          (20,850)
                                                              --------         --------          --------
                                                              $ 29,557         $ 32,742          $ 45,768
                                                              ========         ========          ========
</TABLE>

See accompanying notes to condensed consolidated financial statements.

                                      3
<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES


                     BERNARD CHAUS, INC. AND SUBSIDIARIES
                CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
         (In thousands, except number of shares and per share amounts)


<TABLE>
<CAPTION>
                                                       For the Six                            For the
                                                       Months Ended                        Quarter Ended
                                                        December 31,                        December 31,
                                                     1996           1995                 1996           1995
                                                ------------   ------------          -----------    --------
                                                         (Unaudited)                         (Unaudited)
<S>                                                <C>            <C>                  <C>            <C>     
Net Sales                                          $ 86,094       $ 97,920             $ 38,084       $ 49,035
Cost of goods sold                                   65,746         79,300               30,214         41,159
                                                   --------       --------              -------        -------
Gross profit                                         20,348         18,620                7,870          7,876

Selling, general &
  administrative expenses                            20,428         19,677               10,173          9,913
                                                   --------       --------             --------        -------
Loss from operations                                    (80)        (1,057)              (2,303)        (2,037)

Interest and other income, net                           41             50                   35           (58)
Interest expense                                     (3,832)        (3,128)              (1,994)        (1,709)
                                                   --------       --------             --------       --------
  Loss before income taxes                           (3,871)        (4,135)              (4,262)        (3,804)
Income taxes                                             36            151                    6             75
                                                   --------       --------             --------       --------

Net loss                                           ($ 3,907)      ($ 4,286)            ($ 4,268)      ($ 3.879)
                                                   =========      =========            =========      =========

Net loss per common share                            ($0.15)        ($0.20)              ($0.16)        ($0.17)
                                                     ======         ======               ======         ======

Weighted average number of common
  and common equivalent shares
  outstanding                                     26,277,000     21,735,000           26,277,000     23,010,000
                                                  ==========     ==========           ==========     ==========
</TABLE>

See accompanying notes to condensed consolidated financial statements.

                                       4

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

                     BERNARD CHAUS, INC. AND SUBSIDIARIES
                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                (In thousands)
<TABLE>
<CAPTION>
                                                             FOR THE SIX MONTHS ENDED
                                                          December 31,         December 31,
                                                              1996                 1995
                                                        -----------------     --------------
                                                                        (Unaudited)
<S>                                                         <C>                        <C>
OPERATING ACTIVITIES
 Net income (loss)                                          ($ 3,907)            ($ 4,286)           
 Adjustments to reconcile net income (loss)                                                         
    to net cash used in operating activities:                                                       
     Depreciation and amortization                               461                  575           
     (Credit) Provision for losses on accounts receivable        (60)                  90           
     Deferred interest on                                                                           
         subordinated promissory notes                         1,369                1,240           
     Non-cash interest expense                                  --                    200           
 Changes in operating assets and liabilities:                                                       
     Accounts receivable                                         931              (11,845)          
     Inventories                                               2,236               (6,288)          
     Prepaid expenses and other assets                          (444)                 460           
     Accounts payable                                         (3,796)               8,018           
     Accrued expenses                                           (497)                 (65)          
     Accrued restructuring expenses                             (196)              (1,993)          
                                                            --------             --------           
 Net Cash Used In Operating Activities                        (3,903)             (13,894)          
                                                                                                    
 INVESTING ACTIVITIES                                                                               
 Purchases of fixed assets-- net of disposal                    (147)                (206)          
                                                            --------             --------           
Net Cash Used In Investing Activities                           (147)                (206)          
                                                                                                    
 FINANCING ACTIVITIES                                                                               
 Net proceeds (payments) on short-term bank borrowings         3,829               (1,621)          
 Net proceeds from issuance of stock                            --                 15,423           
 Net proceeds from exercise of options                            13                  192           
                                                            --------             --------           
 Net Cash Provided By Financing Activities                     3,842               13,994           
                                                            --------             --------           
                                                                                                    
 Decrease in cash and cash equivalents                          (208)                (106)          
 Cash and Cash Equivalents, Beginning of Quarter                 247                  418           
                                                            --------             --------           
 Cash and Cash Equivalents, End of Quarter                  $     39             $    312           
                                                            ========             ========           
                                                                                                    
  Cash Paid for:                                                                                    
   Taxes                                                          27                   11           
   Interest                                                    2,197                1,860           
                                                                                                    
 Supplemental schedule of non-cash financing activities:                                            
   Issuance of warrants for credit support                                       
     by principal stockholder                                                         200
</TABLE>


See accompanying notes to condensed consolidated financial statements.

                                       5

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

             NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                  (UNAUDITED)
           Six Months Ended December 31, 1996 and December 31, 1995

1.     Summary  Of Significant Accounting Policies

         Basis of Presentation: The accompanying unaudited condensed
consolidated financial statements have been prepared in accordance with
generally accepted accounting principles for interim financial information and
with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X.
Accordingly, they do not include all of the information and footnotes required
by generally accepted accounting principles for complete financial statements.
In the opinion of management, all adjustments (consisting of normal recurring
accruals) considered necessary for a fair presentation have been included.
Operating results for the quarter ended December 31, 1996 are not necessarily
indicative of the results that may be expected for the year ending June 30,
1997 or any other period. The balance sheet at June 30, 1996 has been derived
from the audited financial statements at that date. For further information,
refer to the financial statements and footnotes thereto included in the
Company's Annual Report on Form 10-K for the year ended June 30, 1996.

         Net Loss Per Share: Net loss per share has been computed by dividing
the applicable net loss by the weighted average number of common shares
outstanding. Common equivalent shares were not included as their inclusion
would have been antidilutive.

2.       Inventories

         Inventories (principally finished goods) are stated at the lower of
cost, using the first-in first-out (FIFO) method, or market. Included in
inventories is merchandise in transit of approximately $7.9 million at
December 31, 1996, $9.0 million at June 30, 1996 and $8.9 million at December
31, 1995.


Item 2.           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                  CONDITION AND RESULTS OF OPERATIONS

Results of Operations

         Operating results for the six months and quarter ended December 31,
1996 are not necessarily indicative of the results that may be expected for
the year ending June 30, 1997 or any other period.

         For the six months ended December 31, 1996, net sales decreased by
$11.8 million or 12.1% as compared to the six months ended December 31, 1995.
Net sales for the quarter ended December 31, 1996, decreased by $10.9 or 22.3%
as compared to the quarter end December 31, 1995. The sales decrease for the
six months and quarter as compared to the prior fiscal year was primarily due
to a decrease in the volume of sales of Chaus products, and the discontinuation
of the Chaus dress product line. The sales decrease was partially

                                       6

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

offset by initial regular price sales of the Company's licensed Nautica(R)
product line. The amount of units shipped for the six months ended December
31, 1996 decreased by 20% and by 24% for the quarter. The impact of the
decrease on the Company's net sales was partially offset by an increase in the
average selling price per unit.

         Gross profit as a percentage of net sales was 23.6% for the six
months and 20.7% for the quarter ended December 31, 1996 as compared to 19.0%
and 16.1% for the six months and three months ended December 31, 1995,
respectively. The increase in gross profit as a percentage of net sales for
each of the six months and quarter was attributable to the initial sales of
the Nautica(R) product line and an improved gross profit percentage for Chaus
products due to fewer units being sold off price this year as compared to last
year.

         Selling, general and administrative expenses increased by $0.8
million and $0.3 million for the six months and quarter ended December 31,
1996, respectively, as compared to the comparable periods in the prior fiscal
year. The increase in expenses for the six months and quarter are primarily
due to expenses associated with Nautica(R) product line. The increases in
expenses were partially offset by the discontinuation of the Chaus dress
product line and the Company continuing to review its overhead structure,
which resulted in decreases in payroll and payroll related items and decreases
in other selling, general and administrative expenses. As a percentage of net
sales, selling, general, and administrative expenses were 23.7% and 26.7% for
the six months and quarter ended December 31, 1996 as compared to 20.1% and
20.2% for the six months and quarter ended December 31, 1995.

          Interest expense for the six months and quarter ended December 31,
1996 increased as compared to the comparable periods in the prior fiscal year
primarily as a result of the cash compensation payable to Josephine Chaus for
credit support provided by her to the Company ( see-- "Financial Position,
Liquidity and Capital Resources"), in addition to higher average bank
borrowings.

Financial Position, Liquidity and Capital Resources

General

         Net cash used in operating activities was $3.9 million for the six
months ended December 31, 1996 as compared to $13.9 million in the six months
ended December 31, 1995. The decrease in net cash used in operating activities
resulted primarily from the net loss of $3.9 million (inclusive of the $1.4
million non-cash interest charge), a decrease in accounts payable of $3.8
million, partially offset by a decrease in inventory of $2.2 million and a
decrease in accounts receivable of $0.9 million.

Amended Financing Agreement

         The Company and BNY Financial Corporation ("BNYF") entered into a
financing agreement in July 1991, which was amended and restated effective as
of February 21, 1995 and further amended, effective as of September 28, 1995
(the "September 1995 Amendment"), May 9, 1996 (the "May 1996 Amendment"),
September 17, 1996 (the "September 1996 Amendment")

                                       7

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

and January 31, 1997 (the "January 1997 Amendment") (collectively, the
"Amended Financing Agreement"). The Amended Financing Agreement provides the
Company with a $70 million credit facility for letters of credit and direct
borrowings, with a sublimit for loans and advances ranging between $40.0 and
$56.0 million. The amount of financing available is based upon a formula
incorporating eligible receivables and inventory, cash balances, other
collateral and permitted overadvances, all as defined in the Amended Financing
Agreement. The January 1997 Amendment allows for overadvances ranging between
$9.5 and $15.0 million through June 1997, subject to compliance with certain
financial covenants through such date. At December 31, 1996, the Company had
availability of approximately $2.2 million (inclusive of overadvance
availability) under the Amended Financing Agreement. The Amended Financing
Agreement is collateralized by substantially all of the Company's assets,
including accounts receivable and inventory.

         The Amended Financing Agreement contains certain financial covenants
including covenants limiting the Company's tangible net worth deficit and
working capital deficiency. In addition to a cap on personal property leases,
the Company is also prohibited from declaring or paying dividends or making
other distributions on its capital stock, with certain exceptions. In
the Waiver, dated February 4, 1997 (the "Waiver"), BNYF waived covenant
compliance with the net worth and quarterly minimum loss covenants through
December 31, 1996.

         Interest on direct borrowings is payable monthly at an annual rate
equal to the higher of (i) The Bank of New York's prime rate (8.25% at
December 31, 1996) plus 0.5% (The Bank of New York prime rate plus 1.5% in the
event the Company's overadvance position exceeds the allowable overadvances)
or (ii) the Federal Funds Rate (8% at December 31, 1996) in effect plus 1%
(Federal Funds Rate in effect plus 2% in the event the Company's overadvance
position exceeds the allowable overadvances). There is an annual commitment
fee of 0.375% of the unused portion of the line, payable monthly, and letter
of credit fees equal to 0.125% of the outstanding letter of credit balance,
payable monthly. The Amended Financing Agreement requires the payment of
minimum service charges of $0.6 million per annum. In connection with the May
1996 Amendment, BNYF was paid a fee of $25,000, and additional fees of $10,000
per month through December 1996 were provided for, with BNYF agreeing to
provide specified levels of overadvances up to $10.0 million through the same
period. In connection with the Waiver, BNYF was paid a fee of $25,000.
Additionally, the Company agreed to issue warrants to purchase 125,000 shares 
of the Company's common stock to BNYF at an exercise price of $.625 per share
(the market price per share on the date of approval of such warrants). The
Company may terminate the Amended Financing Agreement upon 90 days' prior
written notice at any time, subject to termination fees. BNYF may terminate
the Amended Financing Agreement after February 20, 1999, upon 60 days' written
notice to the Company.

Credit Support

         Josephine Chaus has arranged for a letter of credit (the "Letter of
Credit") in various amounts since April 1994 in return for which BNYF has
increased the availability under the Amended Financing Agreement. In
consideration for credit support provided by Ms. Chaus to the Company prior to
February 1995, Ms. Chaus was granted 1,216,500 warrants (the "1994 Warrants"),
exercisable through November 22, 1999, at prices ranging between $2.25 and
$4.62 per share. As part of the negotiations with BNYF in connection with the
Amended Financing

                                       8

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

Agreement, in February 1995 Josephine Chaus increased the Letter of Credit to
$10.0 million and extended its term to October 31, 1995 (the "February 1995
Increase/Extension"). In addition, in February 1995, Ms. Chaus provided a $5.0
million personal guarantee (the "$5.0 Million Guarantee"), to be in effect
during the Amended Financing Agreement's term. In September 1995, Ms. Chaus
further extended the term of the Letter of Credit to January 31, 1996 (the
"September 1995 Extension"). In consideration of her provision of the February
1995 Increase/Extension, the $5.0 Million Guarantee and the September 1995
Extension, a special committee consisting of disinterested members of the
Board of Directors of the Company (the "Special Committee") authorized the
issuance to Ms. Chaus of warrants (the "1995 Warrants") to purchase an
aggregate of 1,580,000 shares of Common Stock at prices ranging between $4.05
and $6.75 per share. The issuance of the 1995 Warrants was approved at the
1995 Annual Meeting of Stockholders. The issuance of the 1994 Warrants, the
warrants for the February 1995 Increase/Extension and the warrants for the
$5.0 Million Guarantee was recorded in fiscal 1995 at a value of $1.1 million,
and was included as a charge to interest expense with a corresponding increase
to additional paid-in capital. The issuance of the warrants for the September
1995 Extension was recorded in the second quarter of fiscal 1996 at a value of
$0.2 million, and was included as a charge to interest expense with a
corresponding increase to additional paid-in capital. Ms. Chaus received
warrant compensation for her provision of the $5.0 Million Guarantee only
through October 31, 1995. Thereafter, for each three month period of the $5.0
Million Guarantee, she has received cash compensation of $50,000, as
authorized by the Special Committee.

         In connection with the September 1995 Amendment, Ms. Chaus provided
the Company with an option to further extend the Letter of Credit to July 31,
1996 (the "July 1996 Option"), subject to the consummation of the Company's
November 1995 public offering of Common Stock. In January 1996, the Company
exercised the July 1996 Option to extend the Letter of Credit to July 31, 1996
(the "July 1996 Extension"). In consideration of her provision of the July
1996 Extension, the Special Committee authorized the issuance to Ms. Chaus,
warrants (the "1996 Warrants") to purchase an aggregate of 682,012 shares of
Common Stock at a price of $4.20 per share. The issuance of the 1996 Warrants
was approved by the stockholders of the Company at the 1996 Annual Meeting of
Stockholders. The issuance of the 1996 Warrants ($0.3 million) was recorded in
the second quarter of fiscal 1997, at a value of $0.3 million and was included
as a charge to interest expense with a corresponding increase to additional
paid-in capital.

         In connection with the May 1996 Amendment, Ms. Chaus agreed to extend
the Letter of Credit to January 31, 1997 (the "January 1997 Extension") and
additionally provided a collateralized increase of $5.0 million in the $5.0
million Guarantee to $10.0 million (the "$10.0 Million Guarantee"). In
connection with the January 1997 Extension, the Special Committee approved the
payment of cash compensation to Ms. Chaus of $100,000 for each three month
period of the Letter of Credit as extended from July 31, 1996 to January 31,
1997. For her provision of the $10.0 Million Guarantee, the Special Committee
approved an increase in the amount of cash compensation payable to Ms. Chaus
for her guaranty, to $100,000 for each three month period of the $10.0 Million
Guarantee.

         In connection with the September 1996 Amendment, Ms. Chaus agreed to
extend the Letter of Credit to July 31, 1997 (the "July 1997 Extension"),
increase the amount of the $10.0

                                       9

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

Million Guarantee by $2.5 million to $12.5 million (the "$12.5 Million
Guarantee") and fully collateralize the $12.5 Million Guarantee. In connection
with the July 1997 Extension, the Special Committee approved the payment of
cash compensation to Ms. Chaus of $100,000 for each additional three month
period of the Letter of Credit as extended from January 31, 1997 to July 31,
1997. For her provision of the $12.5 Million Guarantee, the Special Committee
approved an increase in the amount of cash compensation payable to Ms. Chaus
for her guaranty, to $125,000 for each three month period of the $12.5 Million
Guarantee.

Subordinated Debt

         The Company has outstanding at December 31, 1996, $25.0 million of
subordinated notes payable to Josephine Chaus (the "Subordinated Notes"). In
connection with the Company's November 1995 public offering (see "--
Nautica(R) License Agreement"), Josephine Chaus extended the maturity date of
the Subordinated Notes (which were to mature on July 1, 1996) to July 1, 1998.
The Company has been unable to pay principal or interest, with certain
exceptions, under the Subordinated Notes as a result of covenants in the
Amended Financing Agreement (see "-- Amended Financing Agreement").

Nautica(R) License Agreement

         In September 1995, the Company entered into a license agreement with
Nautica(R) Apparel, Inc. (the "Nautica(R) License Agreement"), pursuant to
which the Company has an exclusive license to arrange for the manufacture of,
market, distribute and sell a new women's career and casual sportswear line
under the Nautica(R) name. The Nautica(R) License Agreement runs through
December 31, 1999. The Company is required to devote at least $7.0 million to
the fulfillment of the Company's obligations under the Nautica(R) License
Agreement, including related capital expenditures. The Company's obligations
also include minimum royalty and advertising payments.

         Under the Nautica(R) License Agreement, the Company was obligated to
raise $10.0 million in equity capital. On November 22, 1995, the Company
consummated an underwritten public offering of 5,750,000 shares of Common
Stock at a price of $3.00 per share. Net proceeds, after expenses and
commissions of $1.8 million, were $15.4 million.

Future Financing Requirements

         At December 31, 1996, the Company had a working capital deficiency of
$22.1 million. The Company requires the availability of sufficient cash flow
and borrowing capacity to finance its Chaus product lines and to develop and
market its licensed Nautica(R) product lines. The Company expects to satisfy
such requirements through cash flows from operations, its line of credit under
the Amended Financing Agreement, continued credit support from Josephine Chaus
and additional sources of financing. In that regard, the Company has engaged
Lehman Brothers to explore various alternatives available to the Company.
However, there can be no assurances the Company will be successful in
obtaining additional sources of financing.

         The foregoing discussion contains forward-looking statements. Certain
important factors could cause actual results to differ materially from those
anticipated. Among these factors are

                                      10

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

retail market conditions; consumer and customer acceptance of the Company's
products; BNYF's willingness to continue to support the Company; and Josephine
Chaus's willingness to continue to provide the Company with credit support and
the Company's ability to secure additional sources of financing.

PART II - OTHER INFORMATION

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

     (a) Attached hereto as Exhibits are the following:

         10.67  Amendment dated January 31, 1997 to the Financing Agreement

         10.68   Waiver dated February 4, 1997 to the Financing Agreement

         10.69   Consulting Agreement dated as of December 31, 1996 between the
                 Company  and Michael Winter

         27      Financial Data Schedule

      (b)        The Company filed no reports on Form 8-K during the 
                 quarter ended December 31, 1996.

                                      11

<PAGE>


                     BERNARD CHAUS, INC. AND SUBSIDIARIES

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.

                                    BERNARD CHAUS, INC.
                                    (Registrant)



Date: February 14, 1997             By:  /s/ Josephine Chaus
                                    -------------------------
                                    JOSEPHINE CHAUS
                                    Chairwoman of the Board and
                                    Office of the Chairman



Date: February 14, 1997             By:  /s/ Andrew Grossman
                                    --------------------------
                                    ANDREW GROSSMAN
                                    Chief Executive Officer and
                                    Office of the Chairman



Date: February 14, 1997             By:  /s/ Wayne S. Miller
                                    ---------------------------
                                    WAYNE S. MILLER
                                    Executive Vice President --
                                    Finance and Administration and
                                    Chief Financial Officer


                                      12