<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-K/A

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

                  FOR THE FISCAL YEAR ENDED FEBRUARY 1, 2003 OR

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

                         COMMISSION FILE NUMBER 0-19714

                              E COM VENTURES, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                FLORIDA                                 65-0977964
  (State or other jurisdiction of       (I.R.S. Employer Identification Number)
   incorporation or organization)

           251 International Parkway                     33325
                Sunrise, Florida
    (Address of principal executive offices)          (Zip Code)

                                 (954) 335-9100
              (Registrant's telephone number, including area code)

           Securities registered pursuant to Section 12(g) of the Act:

                          Common stock, $.01 par value
                                (Title of Class)

        Indicate by check mark whether the  registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. Yes |X| No |_|

        Indicate by check mark if disclosure of  delinquent  filers  pursuant to
Item 405 of Regulation S-K is not contained  herein,  and will not be contained,
to the best of  registrant's  knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part  III of this  Form  10-K or any
amendment to this form 10-K |X|.

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

        As of May 23, 2003 the number of shares of the registrant's common stock
outstanding was 2,475,959.  The aggregate  market value of the common stock held
by non affiliates of the registrant as of August 3, 2002 was approximately  $5.9
million,  based on the closing  price of the common stock ($4.00) as reported by
the  NASDAQ  National  Market  on  such  date.  For  purposes  of the  foregoing
computation,  all executive officers,  directors and 5% beneficial owners of the
registrant are deemed to be affiliates.  Such determination should not be deemed
to be an admission  that such  executive  officers,  directors or 5%  beneficial
owners are, in fact, affiliates of the registrant.

                                EXPLANATORY NOTE

         This Form  10-K/A is being filed  solely for the purpose of  correcting
Exhibit 23.1, the Consent of Independent  Accountants,  to reference  additional
Registration  Statements  on  Form  S-8  and S-3 of E Com  Ventures,  Inc.  (the
"Company") in such Consent,  and does not reflect any events occurring after the
date of filing of the


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original  Form  10-K  or  otherwise  modify  or  update  any of the  information
contained therein, except to change the address of the Company.

                                    PART IV.

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K.


         (a)      The following documents are filed as part of this report:

                  (3)      Exhibits

<TABLE>
<CAPTION>
                                                                                PAGE NUMBER OR
                                                                                INCORPORATED BY
EXHIBIT                    DESCRIPTION                                          REFERENCE FROM
-------                    -----------                                          --------------
<S>                                                                                         <C>
    3.1           Amended and Restated Articles of Incorporation                            (12)

    3.2           Bylaws                                                                     (2)

   10.1           Executive Compensation Plans and Arrangements

                  (a)  Employment Agreement, dated as of February 16, 2001, between         (11)
                       the Company and A. Mark Young

                  (b)  Employment Agreement,  dated as of February 1,
                       2002, between (12) the Company and Ilia Lekach

   10.5           1991 Stock Option Plan, as amended                                         (6)

   10.6           1992 Directors Stock Option Plan, as amended                               (6)

   10.7           Series A Securities Purchase Agreement                                     (3)

   10.8           Series B Securities Purchase Agreement                                     (4)

   10.9           Series C Securities Purchase Agreement                                     (5)

   10.10          Series D Securities Purchase Agreement                                     (5)

   10.11          2000 Stock Option Plan                                                    (10)

   10.12          2000 Directors Stock Option Plan                                          (10)

   10.13          Revolving Credit and Security Agreement with GMAC Commercial               (9)
                  Credit LLC, dated May 12, 2000

   10.14          Waiver and  Amendment to the  Revolving  Credit and  Security
                  Agreement with GMAC Commercial Credit LLC, dated November 8, 2000         (11)


   10.15          Waiver and  Amendment to the  Revolving  Credit and  Security  Agreement  (11)
                  with GMAC Commercial Credit LLC, dated April 26, 2001

   10.16          Lease agreement with Victory  Investment  Group,  LLC, dated              (13)
                  October 21, 2002

    21.1          Subsidiaries of the Registrant                                            (13)
</TABLE>


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<TABLE>
<S>                                                                                         <C>
     23.1         Consent of Deloitte & Touche LLP                                          (14)

     31.1         Certification  of the Chief  Executive Officer Pursuant to Section 302    (14)
                  of the Sarbanes-Oxley Act of 2002

     31.2         Certification of the Chief Financial Officer Pursuant to Section 302
                  of the Sarbanes-Oxley Act of 2002                                         (14)
</TABLE>

--------------

(1)      Not used.

(2)      Incorporated by reference to the exhibit of the same description  filed
         with the Company's Registration Statement on Form S-1 (No. 33-46833).

(3)      Incorporated by reference to the exhibit of the same description  filed
         with the  Company's  Registration  Statement on Form S-1 filed June 11,
         1999 (No. 333-80525).

(4)      Incorporated by reference to the exhibit of the same description  filed
         with the Company's  Registration  Statement on Form S-1/A, filed August
         31, 1999 (No. 333-80525).

(5)      Incorporated by reference to the exhibit of the same description  filed
         with the Company's  Registration  Statement on Form S-3 filed April 25,
         2000 (No. 333-35580).

(6)      Incorporated by reference to the exhibit of the same description  filed
         with the Company's 1995 Form 10-K (filed April 26, 1996).

(7)      Not used.

(8)      Not used.

(9)      Incorporated by reference to the exhibit of the same description  filed
         with the Company's 1999 Form 10-Q (filed June 13, 2000).

(10)     Incorporated by reference to the exhibit of the same description  filed
         with the Company's Proxy Statement (filed October 6, 2000).

(11)     Incorporated by reference to the exhibit of the same description  filed
         with the Company's 2000 Form 10-K (filed May 4, 2001).

(12)     Incorporated by reference to the exhibit of the same description  filed
         with the Company's 2001 Form 10-K (filed May 3, 2002).

(13)     Incorporated by reference to the exhibit of the same description  filed
         with the Company's  2002 Form 10-K (filed April 30, 2003) to which this
         amendment relates.

(14)     Filed herewith.



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                                   SIGNATURES

         Pursuant to the  requirements  of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this amendment to be signed
on its behalf by the undersigned, thereunto duly authorized, on August 29, 2003.


                                     E Com Ventures, Inc.

                                     By: /S/ ILIA LEKACH
                                         --------------------------
                                         Ilia Lekach
                                         Chairman of the Board and
                                         Chief Executive Officer
                                         (Principal Executive Officer)

         Pursuant to the  requirements  of the Securities  Exchange act of 1934,
this  amendment has been signed below by the following  persons on behalf of the
registrant and in the capacities and on the dates indicated.



<TABLE>
<CAPTION>

SIGNATURE                                                 TITLE                             DATE
---------                                                 -----                             ----

<S>                                             <C>                                   <C>
/s/ ILIA LEKACH                                 Chairman of the Board and              August 29, 2003
------------------------------                   Chief Executive Officer,
Ilia Lekach                                   (Principal Executive Officer)


/s/ A. MARK YOUNG                               Chief Financial Officer,               August 29, 2003
------------------------------               (Principal Accounting Officer)
A. Mark Young



/s/ *                                            Chief Financial Officer               August 29, 2003
------------------------------                      Perfumania, Inc.,
Donovan Chin                                     Secretary and Director


/s/ *                                                   Director                       August 29, 2003
------------------------------
Carole Ann Taylor


/s/ *                                                   Director                       August 29, 2003
------------------------------
Joseph Bouhadana


/s/ *                                                   Director                       August 29, 2003
------------------------------
Miles Raper

* BY: /S/  A. MARK YOUNG
      ------------------------
      A. Mark Young
      Attorney-In-Fact
</TABLE>


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                                  EXHIBIT INDEX


23.1     Consent of Deloitte & Touche LLP

31.1     Certification of the Chief Executive Officer Pursuant to Section 302 of
         the Sarbanes-Oxley Act of 2002

31.2     Certification of the Chief Financial Officer Pursuant to Section 302 of
         the Sarbanes-Oxley Act of 2002



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