----

|                      X                      |   | QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|--------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                           |   | For                  the quarterly period ended April 30, 2005                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                                                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                           |   |                                                                                                                    OR |
|                              |   | TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                                                                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                           |   | For                  the transition period from                                                                              to                                                                                                                                                                                                         |

----

| DELAWARE                                                   |   | 36-2472410                                |
|------------------------------------------------------------|--------|-------------------------------------------|
| (State                    or other jurisdiction            |   | (IRS                    Employer          |
|  of                    incorporation or organization) |   | Identification                    Number) |

| 600                  KELLWOOD PARKWAY, P.O. BOX 14374, ST. LOUIS, MO      |                                 |  | 63178 |
|---------------------------------------------------------------------------|---------------------------------|--|-------|
| (Address                  of principal executive offices)                 | (Zip                  Code)     |
|                                                                      |                            |
| Registrant’s                  telephone number, including area code | (314)                  576-3100 |

----

INDEX

|                      |                     |                                                                                                                                                             | Page                  No. |
|---------------------------|--------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------|
| PART                  I.  |                     | FINANCIAL                  INFORMATION                                                                                                                           |                      |
|                      |                     |                                                                                                                                                             |                      |
|                      | Item                  1. | Financial                  Statements (Unaudited):                                                                                                               |                      |
|                      |                     |                                                                                                                                                             |                      |
|                      |                     | Condensed                  Consolidated Balance                  Sheet                                                                                           | 3                         |
|                      |                     |                                                                                                                                                             |                      |
|                      |                     | Condensed                  Consolidated Statement of                  Earnings                                                                                   | 4                         |
|                      |                     |                                                                                                                                                             |                      |
|                      |                     | Condensed                  Consolidated Statement of Cash                  Flows                                                                                 | 5                         |
|                      |                     |                                                                                                                                                             |                      |
|                      |                     | Notes                  to Condensed Consolidated Financial                  Statements                                                                           | 6-17                      |
|                      |                     |                                                                                                                                                             |                      |
|                      | Item                  2. | Management’s                  Discussion and Analysis of                     Financial Condition and Results of                  Operations |  18-24               |
|                      |                     |                                                                                                                                                             |                      |
|                      | Item                  3. | Quantitative                  and Qualitative Disclosures about Market Risk                                                                                      | 24                        |
|                      |                     |                                                                                                                                                             |                      |
|                      | Item                  4. | Controls                  and Procedures                                                                                                                         | 24                        |
|                      |                     |                                                                                                                                                             |                      |
|                      |                     |                                                                                                                                                             |                      |
| PART                  II. |                     | OTHER                  INFORMATION                                                                                                                               |                      |
|                      |                     |                                                                                                                                                             |                      |
|                      | Item                  2. | Unregistered                  Sales of Equity Securities and Use of                  Proceeds                                                                    | 25                        |
|                      |                     |                                                                                                                                                             |                      |
|                      | Item                  4. | Submission                  of Matters to a Vote of Security                  Holders                                                                            | 25                        |
|                      |                     |                                                                                                                                                             |                      |
|                      | Item                  6. | Exhibits                                                                                                                                                         | 26                        |

----

Index

**PART        I. FINANCIAL INFORMATION**

**Item        1. Financial Statements**

**KELLWOOD        COMPANY AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED BALANCE SHEET        (UNAUDITED)**

|                                                                                 |   |                       |      |                    |   |                         |   |
|--------------------------------------------------------------------------------------|--------|----------------------------|-----------|-------------------------|--------|------------------------------|--------|
|                                                                                 |   | April                  30, |      | May                  1, |   | January                  29, |   |
|                                                                                 |   | 2005                       |      | 2004                    |   | 2005                         |   |
| ASSETS                                                                               |   |                       |      |                    |   |                         |   |   |   |   |
| Current                  assets:                                                     |   |                       |      |                    |   |                         |   |   |   |   |
| Cash                  and cash equivalents                                           |   | $                          | 279,243   |                    | $      | 72,672                       |   | $ | 261,395 |   |
| Receivables,                  net                                                    |   |                       | 375,261   |                    |   | 388,317                      |   |   | 381,697 |   |
| Inventories                                                                          |   |                       | 275,301   |                    |   | 247,384                      |   |   | 331,602 |   |
| Current                  deferred taxes and prepaid expenses                         |   |                       | 54,421    |                    |   | 70,506                       |   |   | 55,220 |   |
| Total                  current assets                                                |   |                       | 984,226   |                    |   | 778,879                      |   |   | 1,029,914 |   |
|                                                                                 |   |                       |      |                    |   |                         |   |   |   |   |
| Property,                  plant and equipment, net                                  |   |                       | 93,739    |                    |   | 94,706                       |   |   | 95,807 |   |
| Intangible                  assets, net                                              |   |                       | 188,757   |                    |   | 227,298                      |   |   | 191,958 |   |
| Goodwill                                                                             |   |                       | 224,620   |                    |   | 186,597                      |   |   | 223,982 |   |
| Other                  assets                                                        |   |                       | 34,445    |                    |   | 31,250                       |   |   | 36,641 |   |
| Total                  assets                                                        |   | $                          | 1,525,787 |                    | $      | 1,318,730                    |   | $ | 1,578,302 |   |
|                                                                                 |   |                       |      |                    |   |                         |   |   |   |   |
|                                                                                 |   |                       |      |                    |   |                         |   |   |   |   |
| LIABILITIES                  AND SHAREOWNERS’ EQUITY                           |   |                       |      |                    |   |                         |   |   |   |   |
| Current                  liabilities:                                                |   |                       |      |                    |   |                         |   |   |   |   |
| Notes                  payable and currentportion                  of long-term debt |   | $                          | 94        |                    | $      | 18,153                       |   | $ | 149 |   |
| Accounts                  payable                                                    |   |                       | 143,080   |                    |   | 152,353                      |   |   | 175,852 |   |
| Accrued                  salaries and employee benefits                              |   |                       | 31,923    |                    |   | 38,892                       |   |   | 43,787 |   |
| Other                  accrued expenses                                              |   |                       | 69,550    |                    |   | 80,025                       |   |   | 90,359 |   |
| Total                  current liabilities                                           |   |                       | 244,647   |                    |   | 289,423                      |   |   | 310,147 |   |
|                                                                                 |   |                       |      |                    |   |                         |   |   |   |   |
| Long-term                  debt                                                      |   |                       | 469,690   |                    |   | 271,875                      |   |   | 469,657 |   |
| Deferred                  income taxes and other                                     |   |                       | 79,461    |                    |   | 73,435                       |   |   | 77,522 |   |
|                                                                                 |   |                       |      |                    |   |                         |   |   |   |   |
| Shareowners’                  equity:                                          |   |                       |      |                    |   |                         |   |   |   |   |
| Common                  stock                                                        |   |                       | 271,270   |                    |   | 267,426                      |   |   | 270,264 |   |
| Retained                  earnings                                                   |   |                       | 570,864   |                    |   | 531,027                      |   |   | 562,839 |   |
| Accumulated                  other comprehensive income (loss)                       |   |                       | (10,910   | )                       |   | (11,581                      | )      |   | (11,396 | ) |
| Less                  treasury stock, at cost                                        |   |                       | (99,235   | )                       |   | (102,875                     | )      |   | (100,731 | ) |
| Total                  shareowners’equity                                      |   |                       | 731,989   |                    |   | 683,997                      |   |   | 720,976 |   |
| Total                  liabilities and shareowners’ equity                     |   | $                          | 1,525,787 |                    | $      | 1,318,730                    |   | $ | 1,578,302 |   |

----

Index

**KELLWOOD        COMPANY AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENT OF EARNINGS        (UNAUDITED)**

|                                                  |   | Three                  Months Ended |    |
|-------------------------------------------------------|--------|-------------------------------------|---------|
|                                                  |   | April                  30,          |    | May                  1, |   |
|                                                  |   | 2005                                |    | 2004 |   |
|                                                  |   |                                |    |   |   |
| Net                  sales                            |   | $                                   | 639,379 |   | $ | 686,103 |   |
|                                                  |   |                                |    |   |   |   |   |
| Costs                  and expenses:                  |   |                                |    |   |   |   |   |
| Cost                  of products sold                |   |                                | 505,256 |   |   | 531,538 |   |
| Selling,                  general and                 |   |                                |    |   |   |   |   |
| administrative                  expenses              |   |                                | 106,128 |   |   | 106,908 |   |
| Amortization                  of intangible assets    |   |                                | 3,201   |   |   | 3,466 |   |
| Interest                  expense, net                |   |                                | 6,634   |   |   | 6,288 |   |
| Other                  (income) and expense, net      |   |                                | (178    | ) |   | (180 | ) |
|                                                  |   |                                |    |   |   |   |   |
| Earnings                  before income taxes         |   |                                | 18,338  |   |   | 38,083 |   |
|                                                  |   |                                |    |   |   |   |   |
| Income                  taxes                         |   |                                | 5,868   |   |   | 13,044 |   |
|                                                  |   |                                |    |   |   |   |   |
| Net                  earnings                         |   | $                                   | 12,470  |   | $ | 25,039 |   |
|                                                  |   |                                |    |   |   |   |   |
| Weighted                  average shares outstanding: |   |                                |    |   |   |   |   |
|                                                  |   |                                |    |   |   |   |   |
| Basic                                                 |   |                                | 27,759  |   |   | 27,090 |   |
|                                                  |   |                                |    |   |   |   |   |
| Diluted                                               |   |                                | 27,957  |   |   | 27,832 |   |
|                                                  |   |                                |    |   |   |   |   |
| Earnings                  per share:                  |   |                                |    |   |   |   |   |
|                                                  |   |                                |    |   |   |   |   |
| Basic                                                 |   | $                                   | .45     |   | $ | .92 |   |
|                                                  |   |                                |    |   |   |   |   |
| Diluted                                               |   | $                                   | .45     |   | $ | .90 |   |
|                                                  |   |                                |    |   |   |   |   |
| Dividends                  paid per share             |   | $                                   | .16     |   | $ | .16 |   |

----

Index

**KELLWOOD        COMPANY AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENT OF CASH FLOWS        (UNAUDITED)**

|                                                                        |   | Three                  months ended |                             |
|-----------------------------------------------------------------------------|--------|-------------------------------------|----------------------------------|
|                                                                             |   |                                | April                  30,  |   |   | May                  1, |   |
|                                                                        |   |                                | 2005                             |   |   | 2004 |   |
| **Operating                  activities:**                                  |   |                                |                             |   |   |   |   |
|                                                                        |   |                                |                             |   |   |   |   |
| Net                  earnings                                               |   | $                                   | 12,470                           |   | $ | 25,039 |   |
|                                                                        |   |                                |                             |   |   |   |   |
| Add/(deduct)                  items not affecting operating cash flows:     |   |                                |                             |   |   |   |   |
| Depreciation                  and amortization                              |   |                                | 10,455                           |   |   | 10,447 |   |
| Deferred                  income taxes and other                            |   |                                | 2,454                            |   |   | 1,910 |   |
|                                                                        |   |                                |                             |   |   |   |   |
| Changes                  in working capital components:                     |   |                                |                             |   |   |   |   |
| Receivables,                  net                                           |   |                                | 6,436                            |   |   | (65,665 | ) |
| Inventories                                                                 |   |                                | 56,301                           |   |   | 68,697 |   |
| Current                  deferred taxes and prepaid expenses                |   |                                | 799                              |   |   | (3,934 | ) |
| Accounts                  payable and accrued expenses                      |   |                                | (57,567                          | ) |   | (20,864 | ) |
| Net                  cash provided by operating activities                  |   |                                | 31,348                           |   |   | 15,630 |   |
|                                                                        |   |                                |                             |   |   |   |   |
| **Investing                  activities:**                                  |   |                                |                             |   |   |   |   |
| Additions                  to property, plant and equipment                 |   |                                | (4,862                           | ) |   | (3,878 | ) |
| Acquisitions,                  net of cash acquired                         |   |                                | (8,750                           | ) |   | (143,473 | ) |
| Subordinated                  note receivable                               |   |                                | 1,375                            |   |   | - |   |
| Dispositions                  of fixed assets                               |   |                                | 446                              |   |   | 692 |   |
| Net                  cash used in investing activities                      |   |                                | (11,791                          | ) |   | (146,659 | ) |
|                                                                        |   |                                |                             |   |   |   |   |
| **Financing                  activities:**                                  |   |                                |                             |   |   |   |   |
| Proceeds                  from notes payable and short-term borrowings, net |   |                                | -                                |   |   | 15,657 |   |
| Dividends                  paid                                             |   |                                | (4,445                           | ) |   | (4,341 | ) |
| Stock                  transactions under incentive plans                   |   |                                | 2,736                            |   |   | 13,230 |   |
| Net                  cash (used in) provided by financing activities        |   |                                | (1,709                           | ) |   | 24,546 |   |
|                                                                        |   |                                |                             |   |   |   |   |
| **Net                  change in cash and cash equivalents**                |   |                                | 17,848                           |   |   | (106,483 | ) |
| Cash                  and cash equivalents, beginning of period             |   |                                | 261,395                          |   |   | 179,155 |   |
| Cash                  and cash equivalents, end of period                   |   | $                                   | 279,243                          |   | $ | 72,672 |   |
|                                                                        |   |                                |                             |   |   |   |   |
| Supplemental                  cash flow information:                        |   |                                |                             |   |   |   |   |
| Interest                  paid                                              |   | $                                   | 5,596                            |   | $ | 6,197 |   |
| Income                  taxes paid (refunded), net                          |   | $                                   | 197                              |   | $ | (2,552 | ) |

----

Index

NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS        (UNAUDITED)

**Note        1.**
**Accounting        policies. **

**Reclassifications.**

**Note        2. Business combinations.**

**Note        3. Inventories. **

|                                             |   | April                  30, |    | May                  1, |   | January                  29, |   |
|--------------------------------------------------|--------|----------------------------|---------|-------------------------|--------|------------------------------|--------|
|                                             |   | 2005                       |    | 2004                    |   | 2005                         |   |
| Inventories:                                     |   |                       |    |                    |   |                         |   |
| Finished                  goods                  |   | $                          | 206,702 |                    | $      | 183,496                      |   | $ | 258,867 |   |
| Work                  in process                 |   |                       | 32,612  |                    |   | 30,085                       |   |   | 36,352 |   |
| Raw                  materials                   |   |                       | 35,987  |                    |   | 33,803                       |   |   | 36,383 |   |
| Total                  Inventories               |   | $                          | 275,301 |                    | $      | 247,384                      |   | $ | 331,602 |   |
| Net                  of obsolescence reserves of |   | $                          | 32,205  |                    | $      | 30,062                       |   | $ | 33,651 |   |

----

Index

**Note        4. Goodwill and Intangible Assets. **

|                                                |   | Goodwill |    | Intangibles |   |
|-----------------------------------------------------|--------|----------|---------|-------------|--------|
| Balance                  as of January 29, 2005     |   | $        | 223,982 |        | $      | 191,958 |   |
| Changes:                                            |   |     |    |        |   |   |   |
| Contingent                  purchase price - Briggs |   |     | 541     |        |   | - |   |
| Contingent                  purchase price - Phat   |   |     | 97      |        |   | - |   |
| Amortization                  expense               |   |     | -       |        |   | (3,201 | ) |
| Balance                  as of April 30, 2005       |   | $        | 224,620 |        | $      | 188,757 |   |

**Note        5. Debt.**

**Note        6. Comprehensive income.**
** **

|                                                |   | Three                  months ended |   |
|-----------------------------------------------------|--------|-------------------------------------|--------|
|                                                |   | April                  30,          |   | May                  1, |   |
|                                                |   | 2005                                |   | 2004 |   |
| Net                  earnings                       |   | $                                   | 12,470 |   | $ | 25,039 |   |
| Other                  comprehensive income (loss): |   |                                |   |   |   |   |   |
| Currency                  translation adjustment    |   |                                | 303    |   |   | (334 | ) |
| Unrecognized                  gain on derivatives   |   |                                | 183    |   |   | 373 |   |
| Total                  comprehensive income         |   | $                                   | 12,956 |   | $ | 25,078 |   |

----

Index

**Note        7. Stock option plans.**

*Accounting        for Stock Issued to Employees*
*Accounting        for Stock-Based Compensation*
*Accounting        for Stock-Based Compensation-Transition and Disclosure*

|                                                          |   | Three                  months ended |   |
|---------------------------------------------------------------|--------|-------------------------------------|--------|
|                                                          |   | April                  30,          |   | May                  1, |   |
|                                                          |   |  2005                          |   | 2004 |   |
| Net                  earnings as reported                     |   | $                                   | 12,470 |   | $ | 25,039 |   |
|                                                          |   |                                |   |   |   |   |   |
| Stock-based                  employee compensation expense    |   |                                |   |   |   |   |   |
| determined                  under fair value-based method for |   |                                |   |   |   |   |   |
| all                  stock option awards, net of tax effect   |   |                                | (5,246 | ) |   | (844 | ) |
| Pro-forma                  net earnings                       |   | $                                   | 7,224  |   | $ | 24,195 |   |
|                                                          |   |                                |   |   |   |   |   |
| Earnings                  per share:                          |   |                                |   |   |   |   |   |
| Basic,                  as reported                           |   | $                                   | .45    |   | $ | .92 |   |
| Basic,                  pro-forma                             |   | $                                   | .25    |   | $ | .89 |   |
| Diluted,                  as reported                         |   | $                                   | .45    |   | $ | .90 |   |
| Diluted,                  pro-forma                           |   | $                                   | .25    |   | $ | .87 |   |

*Share-Based        Payment*

----

Index

**Note        8. Earnings per share. **

|                                                  |   | Three                  months ended |
|-------------------------------------------------------|--------|-------------------------------------|
|                                                  |   | April                  30,          |   | May                  1, |   |
|                                                  |   | 2005                                |   | 2004 |   |
|                                                  |   |                                |   |   |   |
| Numerator:                  Net earnings              |   | $                                   | 12,470 |   | $ | 25,039 |   |
|                                                  |   |                                |   |   |   |   |   |
| Denominators                  (000’s):          |   |                                |   |   |   |   |   |
| Average                  shares outstanding - Basic   |   |                                | 27,759 |   |   | 27,090 |   |
|                                                  |   |                                |   |   |   |   |   |
| Impact                  of stock options              |   |                                | 198 |   |   | 742 |   |
|                                                  |   |                                |   |   |   |   |   |
| Average                  shares outstanding - Diluted |   |                                | 27,957 |   |   | 27,832 |   |
|                                                  |   |                                |   |   |   |   |   |
| Basic                  earnings per share             |   | $                                   | .45 |   | $ | .92 |   |
|                                                  |   |                                |   |   |   |   |   |
| Diluted                  earnings per share           |   | $                                   | .45 |   | $ | .90 |   |

**Note        9. Reportable segments.**

|   | · | **Women’s                  Sportswear**designs,                  merchandises and sells women’s sportswear sold through leading retailers                  in all channels of distribution. The product line includes blazers,                  dresses, sweaters, blouses, vests, other tops, skirts, pants, and                  skorts.                  The business is primarily branded goods sold at the popular-to-moderate                  price points, but the segment does include some better plus --                  upper price                  point women’s sportswear sold principally to small specialty stores,                  regional department stores and catalog houses. A partial list of                  such                  brands are Sag Harbor®, Koret®, Jax®, David Dart®, DorbyTM, My Michelle®,                  Briggs New York®, Northern Isles® and David Brooks®. Calvin Klein®, XOXO®,                  IZOD®, Liz Claiborne® Dresses and Suits, David MeisterTM and Bill Burns®                  are produced under licensing agreements. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | · | **Men’s                  Sportswear**designs,                  manufactures and sells men’s woven and knit shirts, pants and jeans sold                  to leading department stores, catalog houses and national chains.                  The                  business is primarily private label but also includes a number                  of branded                  programs such as Slates® business casual shirts, sweaters and tops,                  Nautica®, Claiborne® and Dockers® dress shirts and Phat®, Def Jam                  UniversityTM and Run AthleticsTM sportswear.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | · | **Other                  Soft Goods**designs,                  merchandises and sells intimate apparel, infant apparel and recreation                  products (tents, sleeping bags, backpacks and related products).                  The                  business is primarily branded goods including Kelty® and Sierra Design®                  for recreation products, Gerber® for infant apparel and Oscar de la Renta                  Pink Label® for intimate apparel.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | · | **General                  Corporate**                  includes general and administrative expenses at the corporate level                  that                  are not allocated to the above                  segments.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

----

Index

|                                               |   | Three                  months ended  |    |
|----------------------------------------------------|--------|-------------------------------------------|---------|
|                                               |   | April                  30,                |    | May                  1, |   |
|                                               |   | 2005                                      |    | 2004 |   |
| Net                  sales:                        |   |                                      |    |   |   |   |   |
| Women’s                  Sportswear          |   | $                                         | 360,048 |   | $ | 437,977 |   |
| Men’s                  Sportswear            |   |                                      | 164,516 |   |   | 128,157 |   |
| Other                  Soft Goods                  |   |                                      | 114,815 |   |   | 119,969 |   |
| Kellwood                  net sales                |   | $                                         | 639,379 |   | $ | 686,103 |   |
|                                               |   |                                      |    |   |   |   |   |
| Segment                  earnings:                 |   |                                      |    |   |   |   |   |
| Women’s                  Sportswear          |   | $                                         | 19,308  |   | $ | 42,250 |   |
| Men’s                  Sportswear            |   |                                      | 11,798  |   |   | 10,681 |   |
| Other                  Soft Goods                  |   |                                      | 7,447   |   |   | 7,281 |   |
| General                  Corporate                 |   |                                      | (10,558 | ) |   | (12,555 | ) |
| Total                  segments                    |   |                                      | 27,995  |   |   | 47,657 |   |
|                                               |   |                                      |    |   |   |   |   |
| Amortization                  of intangible assets |   |                                      | 3,201   |   |   | 3,466 |   |
| Interest                  expense, net             |   |                                      | 6,634   |   |   | 6,288 |   |
| Other                  (income) and expense, net   |   |                                      | (178    | ) |   | (180 | ) |
| Earnings                  before income taxes      |   | $                                         | 18,338  |   | $ | 38,083 |   |
|                                               |   |                                      |    |   |   |   |   |
| Net                  assets at quarter-end:        |   |                                      |    |   |   |   |   |
| Women’s                  Sportswear          |   | $                                         | 291,281 |   | $ | 320,682 |   |
| Men’s                  Sportswear            |   |                                      | 223,284 |   |   | 172,219 |   |
| Other                  Soft Goods                  |   |                                      | 99,375  |   |   | 89,288 |   |
| General                  Corporate                 |   |                                      | 118,782 |   |   | 103,928 |   |
| Continuing                  Operations             |   |                                      | 732,722 |   |   | 686,117 |   |
| Discontinued                  Operations           |   |                                      | (733    | ) |   | (2,120 | ) |
| Kellwood                  total                    |   | $                                         | 731,989 |   | $ | 683,997 |   |

**Note        10.**
**New        Accounting Standards**
**.**

----

Index

*Accounting        for Stock Issued to Employees*
*Accounting        for Stock-Based Compensation-Transition and Disclosure*

----

Index

**Note            11. Condensed Consolidating Financial Information.**

**Condensed            Consolidating Balance Sheet**

**April            30, 2005**

|                                                           |   |   | Kellwood  |   |   |       |   |   |           |   |   |          |   |   |         |   |
|----------------------------------------------------------------|--------|--------|-----------|--------|--------|------------|--------|--------|----------------|--------|--------|---------------|--------|--------|--------------|--------|
|                                                           |   |   | Company   |   |   | Subsidiary |   |   | Subsidiary     |   |   | Consolidating |   |   | Consolidated |   |
| ASSETS                                                         |   |   | (Parent)  |   |   | Guarantors |   |   | Non-Guarantors |   |   | Adjustments   |   |   | Total        |   |
| Current                      Assets:                           |   |   |      |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Cash                      and cash equivalents                 |   | $      | 204,768   |   | $      | 1,930      |   | $      | 72,545         |   | $      | -             |   | $      | 279,243      |   |
| Receivables,                      net                          |   |   | 72,968    |   |   | 280,891    |   |   | 21,402         |   |   | -             |   |   | 375,261      |   |
| Inventories                                                    |   |   | 151,493   |   |   | 69,122     |   |   | 54,686         |   |   | -             |   |   | 275,301      |   |
| Current                      deferred taxes and                |   |   |      |   |   |       |   |   |           |   |   |          |   |   |         |   |
| prepaid                      expenses                          |   |   | 48,022    |   |   | 1,992      |   |   | 4,407          |   |   | -             |   |   | 54,421       |   |
| Total                      current assets                      |   |   | 477,251   |   |   | 353,935    |   |   | 153,040        |   |   | -             |   |   | 984,226      |   |
| Property,                      plant and equipment, net        |   |   | 49,723    |   |   | 13,220     |   |   | 30,796         |   |   | -             |   |   | 93,739       |   |
| Intercompany                      (payable) receivable         |   |   | (934,855  | )      |   | 878,203    |   |   | 56,652         |   |   | -             |   |   | -            |   |
| Intangible                      assets, net                    |   |   | 10,463    |   |   | 178,294    |   |   | -              |   |   | -             |   |   | 188,757      |   |
| Goodwill                                                       |   |   | 5,344     |   |   | 219,276    |   |   | -              |   |   | -             |   |   | 224,620      |   |
| Investments                      in subsidiaries               |   |   | 1,293,121 |   |   | 1,218      |   |   | -              |   |   | (1,294,339    | )      |   | -            |   |
| Other                      assets                              |   |   | 27,141    |   |   | 2,760      |   |   | 4,544          |   |   | -             |   |   | 34,445       |   |
| Total                      assets                              |   | $      | 928,188   |   | $      | 1,646,906  |   | $      | 245,032        |   | $      | (1,294,339    | )      | $      | 1,525,787    |   |
|                                                           |   |   |      |   |   |       |   |   |           |   |   |          |   |   |         |   |
| LIABILITIES                      AND SHAREOWNERS’ EQUITY |   |   |      |   |   |       |   |   |           |   |   |          |
| Current                      liabilities:                      |   |   |      |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Notes                      payable and current                 |   |   |      |   |   |       |   |   |           |   |   |          |   |   |         |   |
| portion                      of long-term debt                 |   | $      | -         |   | $      | 94         |   | $      | -              |   | $      | -             |   | $      | 94           |   |
| Accounts                      payable                          |   |   | 68,695    |   |   | 42,113     |   |   | 32,272         |   |   | -             |   |   | 143,080      |   |
| Other                      accrued expenses                    |   |   | 65,404    |   |   | 23,795     |   |   | 12,274         |   |   | -             |   |   | 101,473      |   |
| Total                      current liabilities                 |   |   | 134,099   |   |   | 66,002     |   |   | 44,546         |   |   | -             |   |   | 244,647      |   |
| Long-term                      debt                            |   |   | 469,690   |   |   | -          |   |   | -              |   |   | -             |   |   | 469,690      |   |
| Deferred                      income taxes and other           |   |   | 65,491    |   |   | 13,822     |   |   | 148            |   |   | -             |   |   | 79,461       |   |
| Shareowners’                      equity                 |   |   | 258,908   |   |   | 1,567,082  |   |   | 200,338        |   |   | (1,294,339    | )      |   | 731,989      |   |
| Total                      liabilities and                     |   |   |      |   |   |       |   |   |           |   |   |          |   |   |         |   |
| shareowners’                      equity                 |   | $      | 928,188   |   | $      | 1,646,906  |   | $      | 245,032        |   | $      | (1,294,339    | )      | $      | 1,525,787    |   |

----

Index

**Condensed            Consolidating Balance Sheet**

**May            1, 2004**

|                                                           |   |   | Kellwood      |   |   |       |   |   |           |   |   |          |   |   |            |   |
|----------------------------------------------------------------|--------|--------|---------------|--------|--------|------------|--------|--------|----------------|--------|--------|---------------|--------|--------|-----------------|--------|
|                                                           |   |   |  Company |   |   | Subsidiary |   |   | Subsidiary     |   |   | Consolidating |   |   | Consolidated    |   |
| ASSETS                                                         |   |   | (Parent)      |   |   | Guarantors |   |   | Non-Guarantors |   |   | Adjustments   |   |   | Total           |   |
| Current                      Assets:                           |   |   |          |   |   |       |   |   |           |   |   |          |   |   |            |   |
| Cash                      and cash equivalents                 |   | $      | 16,502        |   | $      | 9,217      |   | $      | 46,953         |   | $      | -             |   | $      | 72,672     |   |
| Receivables,                      net                          |   |   | 67,756        |   |   | 299,883    |   |   | 20,678         |   |   | -             |   |   | 388,317    |   |
| Inventories                                                    |   |   | 117,732       |   |   | 81,327     |   |   | 48,325         |   |   | -             |   |   | 247,384    |   |
| Current                      deferred taxes and                |   |   |          |   |   |       |   |   |           |   |   |          |   |   |            |   |
| prepaid                      expenses                          |   |   | 59,690        |   |   | 3,466      |   |   | 7,350          |   |   | -             |   |   | 70,506     |   |
| Total                      current assets                      |   |   | 261,680       |   |   | 393,893    |   |   | 123,306        |   |   | -             |   |   | 778,879    |   |
| Property,                      plant and equipment, net        |   |   | 52,072        |   |   | 14,694     |   |   | 27,940         |   |   | -             |   |   | 94,706     |   |
| Intercompany                      (payable) receivable         |   |   | (830,809      | )      |   | 759,733    |   |   | 71,076         |   |   | -             |   |   | -          |   |
| Intangible                      assets, net                    |   |   | 11,218        |   |   | 216,054    |   |   | 26             |   |   | -             |   |   | 227,298    |   |
| Goodwill                                                       |   |   | 5,344         |   |   | 181,253    |   |   | -              |   |   | -             |   |   | 186,597    |   |
| Investments                      in subsidiaries               |   |   | 1,215,481     |   |   | 941        |   |   | -              |   |   | (1,216,422    | )      |   | -          |   |
| Other                      assets                              |   |   | 27,756        |   |   | 2,713      |   |   | 781            |   |   | -             |   |   | 31,250     |   |
| Total                      assets                              |   | $      | 742,742       |   | $      | 1,569,281  |   | $      | 223,129        |   | $      | (1,216,422    | )      | $      | 1,318,730  |   |
|                                                           |   |   |          |   |   |       |   |   |           |   |   |          |   |   |            |   |
| LIABILITIES                      AND SHAREOWNERS’ EQUITY |   |   |          |   |   |       |   |   |           |   |   |          |
| Current                      liabilities:                      |   |   |          |   |   |       |   |   |           |   |   |          |   |   |            |   |
| Notes                      payable and current                 |   |   |          |   |   |       |   |   |           |   |   |          |   |   |            |   |
| portion                      of long-term debt                 |   | $      | 17,271        |   | $      | 225        |   | $      | 657            |   | $      | -             |   | $      | 18,153     |   |
| Accounts                      payable                          |   |   | 67,357        |   |   | 62,499     |   |   | 22,497         |   |   | -             |   |   | 152,353    |   |
| Other                      accrued expenses                    |   |   | 70,729        |   |   | 22,865     |   |   | 25,323         |   |   | -             |   |   | 118,917    |   |
| Total                      current liabilities                 |   |   | 155,357       |   |   | 85,589     |   |   | 48,477         |   |   | -             |   |   | 289,423    |   |
| Long-term                      debt                            |   |   | 271,760       |   |   | 115        |   |   | -              |   |   | -             |   |   | 271,875    |   |
| Deferred                      income taxes and other           |   |   | 58,981        |   |   | 14,311     |   |   | 143            |   |   | -             |   |   | 73,435     |   |
| Shareowners’                      equity                 |   |   | 256,644       |   |   | 1,469,266  |   |   | 174,509        |   |   | (1,216,422    | )      |   | 683,997    |   |
| Total                      liabilities and                     |   |   |          |   |   |       |   |   |           |   |   |          |   |   |            |   |
| shareowners’                      equity                 |   | $      | 742,742       |   | $      | 1,569,281  |   | $      | 223,129        |   | $      | (1,216,422    | )      | $      | 1,318,730  |   |

----

Index

**Condensed            Consolidating Balance Sheet**

**January            29, 2005**

|                                                           |   |   |  Kellwood |   |   |       |   |   |           |   |   |          |   |   |         |   |
|----------------------------------------------------------------|--------|--------|----------------|--------|--------|------------|--------|--------|----------------|--------|--------|---------------|--------|--------|--------------|--------|
|                                                           |   |   | Company        |   |   | Subsidiary |   |   | Subsidiary     |   |   | Consolidating |   |   | Consolidated |   |
| ASSETS                                                         |   |   | (Parent)       |   |   | Guarantors |   |   | Non-Guarantors |   |   | Adjustments   |   |   | Total        |   |
| Current                      Assets:                           |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Cash                      and cash equivalents                 |   | $      | 226,294        |   | $      | 3,278      |   | $      | 31,823         |   | $      | -             |   | $      | 261,395      |   |
| Receivables,                      net                          |   |   | 85,408         |   |   | 274,890    |   |   | 21,399         |   |   | -             |   |   | 381,697      |   |
| Inventories                                                    |   |   | 182,270        |   |   | 80,553     |   |   | 68,779         |   |   | -             |   |   | 331,602      |   |
| Current                      deferred taxes and                |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| prepaid                      expenses                          |   |   | 47,262         |   |   | 3,525      |   |   | 4,433          |   |   | -             |   |   | 55,220       |   |
| Total                      current assets                      |   |   | 541,234        |   |   | 362,246    |   |   | 126,434        |   |   | -             |   |   | 1,029,914    |   |
| Property,                      plant and equipment, net        |   |   | 50,862         |   |   | 14,045     |   |   | 30,900         |   |   | -             |   |   | 95,807       |   |
| Intercompany                      (payable) receivable         |   |   | (940,581       | )      |   | 859,671    |   |   | 80,910         |   |   | -             |   |   | -            |   |
| Intangible                      assets, net                    |   |   | 10,908         |   |   | 181,050    |   |   | -              |   |   | -             |   |   | 191,958      |   |
| Goodwill                                                       |   |   | 5,344          |   |   | 218,638    |   |   | -              |   |   | -             |   |   | 223,982      |   |
| Investments                      in subsidiaries               |   |   | 1,391,231      |   |   | 245        |   |   | -              |   |   | (1,391,476    | )      |   | -            |   |
| Other                      assets                              |   |   | 28,200         |   |   | 2,828      |   |   | 5,613          |   |   | -             |   |   | 36,641       |   |
| Total                      assets                              |   | $      | 1,087,198      |   | $      | 1,638,723  |   | $      | 243,857        |   | $      | (1,391,476    | )      | $      | 1,578,302    |   |
|                                                           |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| LIABILITIES                      AND SHAREOWNERS’ EQUITY |   |   |           |   |   |       |   |   |           |   |   |          |
| Current                      liabilities:                      |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Notes                      payable and current                 |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| portion                      of long-term debt                 |   | $      | -              |   | $      | 149        |   | $      | -              |   | $      | -             |   | $      | 149          |   |
| Accounts                      payable                          |   |   | 97,286         |   |   | 50,952     |   |   | 27,614         |   |   | -             |   |   | 175,852      |   |
| Other                      accrued expenses                    |   |   | 75,417         |   |   | 34,531     |   |   | 24,198         |   |   | -             |   |   | 134,146      |   |
| Total                      current liabilities                 |   |   | 172,703        |   |   | 85,632     |   |   | 51,812         |   |   | -             |   |   | 310,147      |   |
| Long-term                      debt                            |   |   | 469,652        |   |   | 5          |   |   | -              |   |   | -             |   |   | 469,657      |   |
| Deferred                      income taxes and other           |   |   | 63,530         |   |   | 13,842     |   |   | 150            |   |   | -             |   |   | 77,522       |   |
| Shareowners’                      equity                 |   |   | 381,313        |   |   | 1,539,244  |   |   | 191,895        |   |   | (1,391,476    | )      |   | 720,976      |   |
| Total                      liabilities and                     |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| shareowners’                      equity                 |   | $      | 1,087,198      |   | $      | 1,638,723  |   | $      | 243,857        |   | $      | (1,391,476    | )      | $      | 1,578,302    |   |

----

Index

**Condensed            Consolidating Statement of Earnings**

**Three            Months Ended April 30, 2005**

|                                                    |   |   | Kellwood      |   |   |       |   |   |           |   |   |          |   |   |         |   |
|---------------------------------------------------------|--------|--------|---------------|--------|--------|------------|--------|--------|----------------|--------|--------|---------------|--------|--------|--------------|--------|
|                                                    |   |   | Company  |   |   | Subsidiary |   |   | Subsidiary     |   |   | Consolidating |   |   | Consolidated |   |
|                                                    |   |   | (Parent)      |   |   | Guarantors |   |   | Non-Guarantors |   |   | Adjustments   |   |   | Total        |   |
| Net                      sales                          |   | $      | 353,575       |   | $      | 234,828    |   | $      | 159,166        |   | $      | (108,190      | )      | $      | 639,739      |   |
| Costs                      and expenses:                |   |   |          |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Cost                      of products sold              |   |   | 295,456       |   |   | 179,477    |   |   | 137,924        |   |   | (107,601      | )      |   | 505,256      |   |
| SG&A                                                |   |   | 56,118        |   |   | 39,013     |   |   | 11,586         |   |   | (589          | )      |   | 106,128      |   |
| Amortization                      of intangible assets  |   |   | 445           |   |   | 2,756      |   |   | -              |   |   | -             |   |   | 3,201        |   |
| Interest                      expense, net              |   |   | 6,817         |   |   | (81        | )      |   | (102           | )      |   | -             |   |   | 6,634        |   |
| Intercompany                      interest expense, net |   |   | 1,295         |   |   | (1,295     | )      |   | -              |   |   | -             |   |   | -            |   |
| Other                      (income) and expense, net    |   |   | (8            | )      |   | 4          |   |   | (174           | )      |   | -             |   |   | (178         | )      |
| Intercompany                      other (income)/       |   |   |          |   |   |       |   |   |           |   |   |          |   |   |         |   |
| expense,                      net                       |   |   | 11,963        |   |   | (11,963    | )      |   | -              |   |   | -             |   |   | -            |   |
| Earnings                      before income taxes       |   |   | (18,511       | )      |   | 26,917     |   |   | 9,932          |   |   | -             |   |   | 18,338       |   |
| Income                      taxes                       |   |   | (7,666        | )      |   | 11,147     |   |   | 2,387          |   |   | -             |   |   | 5,868        |   |
| Equity                      in earnings of subsidiaries |   |   | 23,315        |   |   | 973        |   |   | -              |   |   | (24,288       | )      |   | -            |   |
| Net                      earnings                       |   | $      | 12,470        |   | $      | 16,743     |   | $      | 7,545          |   | $      | (24,288       | )      | $      | 12,470       |   |

**Condensed            Consolidating Statement of Earnings**

**Three            Months Ended May 1, 2004**

|                                                    |   |   | Kellwood       |   |   |       |   |   |           |   |   |          |   |   |         |   |
|---------------------------------------------------------|--------|--------|----------------|--------|--------|------------|--------|--------|----------------|--------|--------|---------------|--------|--------|--------------|--------|
|                                                    |   |   |  Company  |   |   | Subsidiary |   |   | Subsidiary     |   |   | Consolidating |   |   | Consolidated |   |
|                                                    |   |   |  (Parent) |   |   | Guarantors |   |   | Non-Guarantors |   |   | Adjustments   |   |   | Total        |   |
| Net                      sales                          |   | $      | 358,924        |   | $      | 281,620    |   | $      | 134,880        |   | $      | (89,321       | )      | $      | 686,103      |   |
| Costs                      and expenses:                |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Cost                      of products sold              |   |   | 293,351        |   |   | 211,689    |   |   | 115,819        |   |   | (89,321       | )      |   | 531,538      |   |
| SG&A                                                |   |   | 56,790         |   |   | 37,645     |   |   | 12,473         |   |   | -             |   |   | 106,908      |   |
| Amortization                      of intangible assets  |   |   | 471            |   |   | 2,984      |   |   | 11             |   |   | -             |   |   | 3,466        |   |
| Interest                      expense, net              |   |   | 6,361          |   |   | (319       | )      |   | 246            |   |   | -             |   |   | 6,288        |   |
| Intercompany                      interest expense, net |   |   | 694            |   |   | (694       | )      |   | -              |   |   | -             |   |   | -            |   |
| Other                      (income) and expense, net    |   |   | 40             |   |   | 62         |   |   | (282           | )      |   | -             |   |   | (180         | )      |
| Intercompany                      other (income)/       |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| expense,                      net                       |   |   | 13,896         |   |   | (13,896    | )      |   | -              |   |   | -             |   |   | -            |   |
| Earnings                      before income taxes       |   |   | (12,679        | )      |   | 44,149     |   |   | 6,613          |   |   | -             |   |   | 38,083       |   |
| Income                      taxes                       |   |   | (4,551         | )      |   | 15,848     |   |   | 1,747          |   |   | -             |   |   | 13,044       |   |
| Equity                      in earnings of subsidiaries |   |   | 33,167         |   |   | 8          |   |   | -              |   |   | (33,175       | )      |   | -            |   |
| Net                      earnings                       |   | $      | 25,039         |   | $      | 28,309     |   | $      | 4,866          |   | $      | (33,175       | )      | $      | 25,039       |   |

----

Index

**Condensed            Consolidating Statement of Cash Flows**

**Three            Months Ended April 30, 2005**

|                                                        |   |   | Kellwood  |   |   |       |   |   |           |   |   |          |   |   |         |   |
|-------------------------------------------------------------|--------|--------|----------------|--------|--------|------------|--------|--------|----------------|--------|--------|---------------|--------|--------|--------------|--------|
|                                                        |   |   | Company   |   |   | Subsidiary |   |   | Subsidiary     |   |   | Consolidating |   |   | Consolidated |   |
|                                                        |   |   | (Parent)  |   |   | Guarantors |   |   | Non-Guarantors |   |   | Adjustments   |   |   | Total        |   |
| **Net                        cash provided by**             |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| **(used                        in) operating activities**   |   | $      | (9,529         | )      | $      | 17,524     |   | $      | 17,627         |   | $      | 5,726         |   | $      | 31,348       |   |
|                                                        |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| **Investing                        activities:**            |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Additions                        to property, plant and     |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| equipment                                                   |   |   | (2,914         | )      |   | (340       | )      |   | (1,608         | )      |   | -             |   |   | (4,862       | )      |
| Acquisitions,                        net of cash acquired   |   |   | (8,750         | )      |   | -          |   |   |  -        |   |   | -             |   |   | (8,750       | )      |
| Subordinated                        note receivable         |   |   | 1,375          |   |   | -          |   |   | -              |   |   | -             |   |   | 1,375        |   |
| Dispositions                        of fixed assets         |   |   | 1              |   |   | -          |   |   | 445            |   |   | -             |   |   | 446          |   |
| Net                        cash used in                     |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| investing                        activities                 |   |   | (10,288        | )      |   | (340       | )      |   | (1,163         | )      |   | -             |   |   | (11,791      | )      |
|                                                        |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| **Financing                        activities:**            |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Dividends                        paid                       |   |   | (4,445         | )      |   | -          |   |   | -              |   |   | -             |   |   | (4,445       | )      |
| Stock                        transactions under incentive   |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| plans                                                       |   |   | 2,736          |   |   | -          |   |   | -              |   |   | -             |   |   | 2,736        |   |
| Intercompany                        dividends               |   |   | -              |   |   | (18,532    | )      |   | 24,258         |   |   | (5,726        | )      |   | -            |   |
| Net                        cash provided by                 |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| (used                        in) financing activities       |   |   | (1,709         | )      |   | (18,532    | )      |   | 24,258         |   |   | (5,726        | )      |   | (1,709       | )      |
|                                                        |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Net                        change in cash and cash          |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| equivalents                                                 |   |   | (21,526        | )      |   | (1,348     | )      |   | 40,722         |   |   | -             |   |   | 17,848       |   |
| Cash                        and cash equivalents, beginning |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| of                        period                            |   |   | 226,294        |   |   | 3,278      |   |   | 31,823         |   |   | -             |   |   | 261,395      |   |
| Cash                        and cash equivalents, end       |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| of                        period                            |   | $      | 204,768        |   | $      | 1,930      |   | $      | 72,545         |   | $      | -             |   | $      | 279,243      |   |

----

Index

**Condensed            Consolidating Statement of Cash Flows**

**Three            Months Ended May 1, 2004**

|                                                      |   |   | Kellwood  |   |   |       |   |   |           |   |   |          |   |   |         |   |
|-----------------------------------------------------------|--------|--------|----------------|--------|--------|------------|--------|--------|----------------|--------|--------|---------------|--------|--------|--------------|--------|
|                                                      |   |   | Company   |   |   | Subsidiary |   |   | Subsidiary     |   |   | Consolidating |   |   | Consolidated |   |
|                                                      |   |   | (Parent)  |   |   | Guarantors |   |   | Non-Guarantors |   |   | Adjustments   |   |   | Total        |   |
| **Net                      cash provided by**             |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| **(used                      in) operating activities**   |   | $      | (1,883         | )      | $      | (6,098     | )      | $      | 5,307          |   | $      | 18,304        |   | $      | 15,630       |   |
|                                                      |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| **Investing                      activities:**            |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Additions                      to property, plant and     |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| equipment                                                 |   |   | (2,647         | )      |   | (127       | )      |   | (1,104         | )      |   | -             |   |   | (3,878       | )      |
| Acquisitions,                      net of cash acquired   |   |   | (143,473       | )      |   | -          |   |   | -              |   |   | -             |   |   | (143,473     | )      |
| Dispositions                      of fixed assets         |   |   | 108            |   |   | 583        |   |   | 1              |   |   | -             |   |   | 692          |   |
| Net                      cash (used in) provided by       |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| investing                      activities                 |   |   | (146,012       | )      |   | 456        |   |   | (1,103         | )      |   | -             |   |   | (146,659     | )      |
|                                                      |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| **Financing                      activities:**            |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Proceeds                      from notes payable and      |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| short-term                      borrowings, net           |   |   | 15,657         |   |   | -          |   |   | -              |   |   | -             |   |   | 15,657       |   |
| Dividends                      paid                       |   |   | (4,341         | )      |   | -          |   |   | -              |   |   | -             |   |   | (4,341       | )      |
| Stock                      transactions under incentive   |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| plans                                                     |   |   | 13,230         |   |   | -          |   |   | -              |   |   | -             |   |   | 13,230       |   |
| Intercompany                      dividends               |   |   | -              |   |   | 13,203     |   |   | 5,101          |   |   | (18,304       | )      |   | -            |   |
| Net                      cash provided by                 |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| (used                      in) financing activities       |   |   | 24,546         |   |   | 13,203     |   |   | 5,101          |   |   | (18,304       | )      |   | 24,546       |   |
|                                                      |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| Net                      change in cash and cash          |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| equivalents                                               |   |   | (123,349       | )      |   | 7,561      |   |   | 9,305          |   |   | -             |   |   | (106,483     | )      |
| Cash                      and cash equivalents, beginning |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| of                      period                            |   |   | 139,851        |   |   | 1,656      |   |   | 37,648         |   |   | -             |   |   | 179,155      |   |
| Cash                      and cash equivalents, end       |   |   |           |   |   |       |   |   |           |   |   |          |   |   |         |   |
| of                      period                            |   | $      | 16,502         |   | $      | 9,217      |   | $      | 46,953         |   | $      | -             |   | $      | 72,672       |   |

----

Index

**Item            2. Management’s Discussion and Analysis of Financial Condition and Results of            Operations** 

**OPERATING            RESULTS**

----

Index

**Summarized            financial data**

|                                             |   |  Amounts |                                 |   | %                      of Net Sales  |                        |
|--------------------------------------------------|--------|---------------|--------------------------------------|--------|-------------------------------------------|-----------------------------|
|                                             |   |          | April                      30,  |   |                                      | May                      1, |   |   | Percent |   |   | April                      30, |   |   | May                      1, |   |   | %                      Point |   |
| Three                      months ended          |   |          | 2005                                 |   |                                      | 2004                        |   |   | Change |   |   | 2005 |   |   | 2004 |   |   | Change |   |
| Net                      sales                   |   | $             | 639.4                                |   | $                                         | 686.1                       |   |   | (6.8% | ) |   | 100.0% |   |   | 100.0% |   |   |   |   |
| Cost                      of products sold       |   |          | 505.3                                |   |                                      | 531.5                       |   |   | (4.9% | ) |   | 79.0% |   |   | 77.5% |   |   | (1.5% | ) |
| Gross                      profit                |   |          | 134.1                                |   |                                      | 154.6                       |   |   | (13.2% | ) |   | 21.0% |   |   | 22.5% |   |   | (1.5% | ) |
| SG&A                                         |   |          | 106.1                                |   |                                      | 106.9                       |   |   | (0.7% | ) |   | 16.6% |   |   | 15.6% |   |   | 1.0% |   |
| Operating                      earnings before   |   |          |                                 |   |                                      |                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| amortization                      (1)            |   |          | 28.0                                 |   |                                      | 47.7                        |   |   | (41.3% | ) |   | 4.4% |   |   | 6.9% |   |   | (2.6% | ) |
| Amortization                      of intangibles |   |          | 3.2                                  |   |                                      | 3.5                         |   |   | (7.7% | ) |   | 0.5% |   |   | 0.5% |   |   | 0.0% |   |
| Operating                      earnings          |   |          | 24.8                                 |   |                                      | 44.2                        |   |   | (43.9% | ) |   | 3.9% |   |   | 6.4% |   |   | 2.6% |   |
| Interest                      expense, net       |   |          | 6.6                                  |   |                                      | 6.3                         |   |   | 5.5% |   |   | 1.0% |   |   | 0.9% |   |   | 0.1% |   |
| Other                      (income) and          |   |          |                                 |   |                                      |                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| expense,                      net                |   |          | (0.2                                 | )      |                                      | (0.2                        | ) |   | 0.0% |   |   | 0.0% |   |   | 0.0% |   |   | 0.0% |   |
| Earnings                      before taxes       |   |          | 18.3                                 |   |                                      | 38.1                        |   |   | (51.8% | ) |   | 2.9% |   |   | 5.6% |   |   | (2.7% | ) |
| Income                      taxes                |   |          | 5.9                                  |   |                                      | 13.0                        |   |   | (55.0% | ) |   | 0.9% |   |   | 1.9% |   |   | (1.0% | ) |
| Net                      earnings                |   | $             | 12.5                                 |   | $                                         | 25.0                        |   |   | (50.2% | ) |   | 2.0% |   |   | 3.6% |   |   | (1.7% | ) |
| Effective                      tax rate          |   |          | 32.0%                                |   |                                      | 34.3%                       |   |   |   |   |   |   |   |   |   |   |   |   |   |

**Seasonality:**

**Sales**

----

Index

**Gross            profit**

**SG&A            expense**

**Amortization**

**Income            taxes.**

**Segment            results**

|   | · | Women’s                      Sportswear, |
|--------|--------|------------------------------------------------|

|   | · | Men’s                      Sportswear, |
|--------|--------|----------------------------------------------|

|   | · | Other                      Soft Goods, and |
|--------|--------|--------------------------------------------|

|   | · | General                      Corporate. |
|--------|--------|-----------------------------------------|

|                                          |   | Three                      months ended |                                 |
|-----------------------------------------------|--------|-----------------------------------------|--------------------------------------|
|                                          |   |                                    |  April                      30, |   |   | May                      1, |   |   |   |   |
| Net                      sales                |   |                                    | 2005                                 |   |   | 2004 |   |   | Change |   |
| Women’s                      Sportswear |   | $                                       | 360.0                                |   | $ | 438.0 |   |   | (17.8% | ) |
| Men’s                      Sportswear   |   |                                    | 164.5                                |   |   | 128.2 |   |   | 28.4% |   |
| Other                      Soft Goods         |   |                                    | 114.8                                |   |   | 120.0 |   |   | (4.3% | ) |
| Total                      net sales          |   | $                                       | 639.4                                |   | $ | 686.1 |   |   | (6.8% | ) |

|                                            |   | Three                        months ended - amounts |                                   | Three                        months ended - % of net sales |   |
|-------------------------------------------------|--------|-----------------------------------------------------|----------------------------------------|------------------------------------------------------------|--------|
|                                            |   |                                                |  April                        30, |                                                       |   | May                        1, |   |   | Percent |   |   | April                        30, |   |   | May                        1, |   |   | %                        Point |   |
| Segment                        earnings         |   |                                                | 2005                                   |                                                       |   | 2004 |   |   | Change |   |   | 2005 |   |   | 2004 |   |   | Change |   |
| Women’s                        Sportswear |   | $                                                   | 19.3                                   |                                                       | $      | 42.3 |   |   | (54.3% | ) |   | 5.4% |   |   | 9.6% |   |   | (4.3% | ) |
| Men’s                        Sportswear   |   |                                                | 11.8                                   |                                                       |   | 10.7 |   |   | 10.5% |   |   | 7.2% |   |   | 8.3% |   |   | (1.2% | ) |
| Other                        Soft Goods         |   |                                                | 7.4                                    |                                                       |   | 7.3 |   |   | 2.3% |   |   | 6.5% |   |   | 6.1% |   |   | 0.4% |   |
| General                        Corporate        |   |                                                | (10.6                                  | )                                                          |   | (12.6 | ) |   | (15.9% | ) |   | NM |   |   | NM |   |   | NM |   |
| Segment                        earnings         |   | $                                                   | 28.0                                   |                                                       | $      | 47.7 |   |   | (41.3% | ) |   | 4.4% |   |   | 6.9% |   |   | (2.6% | ) |
|                                            |   |                                                |                                   |                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NM                        - Not meaningful      |   |                                                |                                   |                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

Index

**Women’s            Sportswear.**

**Men’s            Sportswear.**

**Other            Soft Goods.**

**General            corporate**

**FINANCIAL            CONDITION**

**Net            cash provided by operating activities**

----

Index

**Working            capital**

**Net            cash used in investing activities**

**Net            cash (used in) provided by financing activities**

**Cash            and cash equivalents**

----

Index

**CAUTIONARY            NOTE CONCERNING FACTORS THAT MAY AFFECT FUTURE RESULTS**

|   | · | changes                      in the retail environment. With the growing trend towards retail                      trade                      consolidation, the Company is increasingly dependent upon key                      retailers                      whose bargaining strength and share of the Company’s business is growing.                      Accordingly, the Company faces greater pressure from these                      customers to                      provide more favorable trade terms. The Company can be negatively                      affected                      by changes in the policies or negotiating positions of its                      customers. The                      inability of the Company to develop satisfactory programs and                      systems to                      satisfy these customers could adversely affect operating results                      in any                      reporting period; |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | the                      economic effects of safeguards, if any, put in place on Chinese                      imports                      into the U.S.; |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | changes                      in the relative performance of the Company’s business units that could                      have an adverse impact on the business units’ forecasted cash flows,                      resulting in goodwill impairment                      charges; |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | changes                      in trends in the market segments in which the Company                      competes; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------|

|   | · | the                      performance of the Company’s products within the prevailing retail                      environment; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------|

|   | · | customer                      acceptance of both new designs and newly introduced product                      lines; |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------|

|   | · | actions                      of competitors that may impact the Company’s                      business; |
|--------|--------|----------------------------------------------------------------------------------------------------------------|

|   | · | financial                      or operational difficulties encountered by customers or                      suppliers; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------|

|   | · | the                      economic impact of uncontrollable factors, such as terrorism                      and                      war; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | disruptions                      to transportation systems or shipping lanes used by the Company                      or its                      suppliers; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | continued                      satisfactory relationships with licensees and licensors of                      trademarks and                      brands; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | ability                      to generate sufficient sales and profitability related to licensing                      agreements that contain significant minimum royalty                      payments; |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | the                      impact of economic changes such as: |
|--------|--------|--------------------------------------------------------------|

|   | - | the                      overall level of consumer spending for apparel, |
|--------|---|--------------------------------------------------------------------------|

|   | - | national                      and regional economic conditions, |
|--------|---|-----------------------------------------------------------------|

|   | - | inflation                      or deflation, |
|--------|---|----------------------------------------------|

|   | - | changes                      in oil prices, including their impact on fabric prices and/or                      transportation costs, |
|--------|---|---------------------------------------------------------------------------------------------------------------------------------------|

|   | - | currency                      exchange fluctuations, |
|--------|---|------------------------------------------------------|

|   | - | changes                      in interest rates and other capital market                      conditions; |
|--------|---|----------------------------------------------------------------------------------------------------------|

|   | · | stable                      governments and business conditions in the nations where the                      Company’s                      products are manufactured; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | health                      or other issues that could affect the free-flow of people and                      goods                      between nations where the Company’s products are                      manufactured; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | the                      scope, nature or impact of acquisition activity and the ability                      to                      effectively integrate acquired operations; and |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | changes                      in the Company’s plans, strategies, objectives, expectations and                      intentions which may happen at any time at the discretion of                      the                      Company. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Index

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

**Item            4. Controls and Procedures**

----

Index

**PART            II. OTHER INFORMATION**

**Item            2. Unregistered Sales of Equity Securities and Use of            Proceeds**

|                              |   |   |  Total                      Number of |   |   | Average                      Price  |   |
|-----------------------------------|--------|--------|--------------------------------------------|--------|--------|-------------------------------------|--------|
| Fiscal                      Month |   |   | Shares                      Purchased      |   |   | Paid                      per Share |   |
| February                          |   |   | 16,291                                     |   | $      | 28.75                               |   |
| April                             |   |   | 4,575                                      |   |   | 28.86                               |   |
| Total                             |   |   | 20,866                                     |   | $      | 28.77                               |   |

**Item            4. Submission of Matters to a Vote of Security            Holders**

| · |  Five                      Directors were elected to serve two-year terms. The tabulation                      was as                      follows: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Directors                            | Shares                      Voted For                    | Shares                      Withheld     |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|------------------------------------------|
|   | Robert                      J. Baer                                                                                                                                         | 23,636,402                           | 2,533,115       |
|   | Kitty                      G. Dickerson, Ph.D.                                                                                                                              | 22,972,364                           | 3,197,153       |
|   | Jerry                      M. Hunter                                                                                                                                        | 12,867,346                           | 13,302,171      |
|   | Larry                      R. Katzen                                                                                                                                        | 21,923,568                           | 4,245,949       |
|   | Harvey                      A. Weinberg                                                                                                                                     | 23,632,084                           | 2,537,433       |

|  |  In                      addition, Janice E. Page was elected to serve a one-year term                      with                      23,566,002 shares voted for and 2,603,515 shares                      withheld. |
|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · |  Shareowners                      approved the Long-Term Incentive Plan of 2005. The tabulation                      was as                      follows: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  Shares                      Voted For                                            | Shares                      Against                 | Shares                      Abstaining                                                                  | Broker                      Non-Votes                                                                         |
|--------|----------------------------------------------------------------------------------------|-----------------------------------------------------|---------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|
|   |                                17,565,392 |        6,046,685 |                 388,971 |                                    2,168,469 |

| · |  Shareowners                      approved the 2005 Stock Plan for Non-Employee Directors. The                      tabulation                      was as follows: |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  Shares                      Voted For                                            | Shares                      Against                 | Shares                      Abstaining                                                                                  | Broker                      Non-Votes                                                                         |
|--------|----------------------------------------------------------------------------------------|-----------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|
|   |                                18,050,437 |        5,559,069 |                                      391,541 |                                    2,168,470 |

| · |  Shareowners                          rejected a shareowner proposal that requested that the                          Board of Directors                          establish an Office of the Board of Directors to enable                          direct                          communications on corporate governance matters,                          including meetings,                          between non-management directors and shareowners. The tabulation                          was as                          follows: |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  Shares                      Voted For                                                             | Shares                      Against                      | Shares                      Abstaining                                                                                             | Broker                      Non-Votes                                                                         |
|--------|---------------------------------------------------------------------------------------------------------|----------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|
|   |                                   1,067,607 |                           22,883,044 |                                        50,398 |                                    2,168,468 |

----

Index

**Item            6. Exhibits**

|   | S.E.C.                        Exhibit        |                                                                                                                                                                                                                                                                                                                                                                                              |
|--------|----------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Reference                        No.         | Description                                                                                                                                                                                                                                                                                                                                                                                       |
|   |                                         |                                                                                                                                                                                                                                                                                                                                                                                              |
|   | 10.21*                                       | Form                        of Long-Term Incentive Plan of 2005, incorporated herein                        by reference to                        Exhibit 99.1 of Form 8-K filed June 3, 2005, SEC File No.                        1-7340.                                                                                                                                                       |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 10.22*                                       | Form                        of 2005 Stock Plan for Non-Employee Directors, incorporated                        herein by                        reference to Exhibit 99.2 of Form 8-K filed June 3, 2005,                        SEC File No.                        1-7340.                                                                                                                      |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 10.23*                                       | Consulting                        Agreement dated June 1, 2005, between Kellwood Company and                        Hal J. Upbin,                        incorporated herein by reference to Exhibit 99.3 of Form                        8-K filed June 3,                        2005, SEC File No. 1-7340.                                                                                      |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 10.24*                                       | Employment                        Agreement dated June 1, 2005, between Kellwood Company and                        Robert C.                        Skinner, Jr., incorporated herein by reference to Exhibit                        99.4 of Form 8-K                        filed June 3, 2005, SEC File No. 1-7340.                                                                            |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 10.25*                                       | Form                        of Deferred Stock Units Agreement, incorporated herein by                        reference to                        Exhibit 99.6 of Form 8-K filed June 3, 2005, SEC File No.                        1-7340.                                                                                                                                                         |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 10.26*                                       | Amendment                        to annual compensation term sheet dated June 1, 2005, between                        Kellwood                        Company and W. Lee Capps, III, incorporated herein by reference                        to Item                        1.01, subsection E of Form 8-K filed June 3, 2005, SEC File                        No.                        1-7340. |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 31.1                     | Certification                        of Chief Executive Officer pursuant to Section 302 of the                        Sarbanes-Oxley                        Act of 2002, filed herewith.                                                                                                                                                                                                          |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 31.2                     | Certification                        of Chief Financial Officer pursuant to Section 302 of the                        Sarbanes-Oxley                        Act of 2002, filed herewith.                                                                                                                                                                                                          |
|   |                                              |                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | 32        | Certification                        pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,                        furnished                        herewith.                                                                                                                                                                                                                                 |

----

Index