SECURITIES AND EXCHANGE COMMISSION

                        Washington, D.C. 20549

                              Form 10-Q

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

       For the quarterly period ended September 30, 2001


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

                 Commission File Number  1-13082

                  KENNETH COLE PRODUCTIONS, INC.
      (Exact name of registrant as specified in its charter)

         New York                                     13-3131650
  (State or other jurisdiction of                 (I.R.S. Employer
  incorporation or organization)                  Identification Number)

    603 West 50th Street, New York, NY                 10019
  (Address of principal executive offices)           (Zip Code)

Registrant's telephone number, including area code (212) 265-1500

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

Indicate the number of shares of each of the issuer's classes of
common stock, as of the latest practicable date:

Class                                         November 13, 2001

Class A Common Stock ($.01 par value)             11,238,265
Class B Common Stock ($.01 par value)              8,498,097

<PAGE>

                Kenneth Cole Productions, Inc.
                      Index to 10-Q


Part I.  FINANCIAL INFORMATION

Item 1.  Financial Statements (Unaudited)

Condensed Consolidated Balance Sheets as of September 30, 2001 and
December 31, 2000.........................................................3

Condensed Consolidated Statements of Income for the three and nine-month
periods ended September 30, 2001 and 2000.................................5

Condensed Consolidated Statement of Changes in Shareholders' Equity for the
nine-month period ended September 30, 2001................................6

Condensed Consolidated Statements of Cash Flows for the nine-month periods
Ended September 30, 2001 and 2000.........................................7

Notes to Condensed Consolidated Financial Statements......................8

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

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

Part II.  OTHER INFORMATION

Item 1.  Legal Proceedings................................................18

Item 2.  Changes in Securities and Use of Proceeds........................18

Item 3.  Defaults Upon Senior Securities..................................18

Item 4.  Submission of Matters to a Vote of Security Holders..............18

Item 5.  Other Information................................................18

Item 6.  Exhibits and Reports on Form 8-K.................................18

Signatures................................................................19

<PAGE>
<TABLE>
               Kenneth Cole Productions, Inc. and Subsidiaries
                   Consolidated Condensed Balance Sheets


Part I. Financial Information
Item 1.  Financial Statements

<CAPTION>
                                                  September 30,   December 31,
                                                       2001           2000
                                                     (Unaudited)
<S>                                               <C>             <C>
Assets
Current assets:
Cash                                               $ 35,006,000    $ 74,608,000
Due from factors                                     44,026,000      26,066,000
Accounts receivable, net                              7,037,000       9,117,000
Inventories                                          49,438,000      42,361,000
Prepaid expenses and other current assets               741,000       2,747,000
Deferred taxes                                        1,486,000       1,486,000
                                                   ------------    ------------
Total current assets                                137,734,000     156,385,000

Property and equipment - at cost, less
accumulated depreciation                             40,669,000      38,202,000

Other assets:
Deposits and deferred taxes                           8,811,000       9,073,000
Deferred compensation plan assets                    10,230,000       8,710,000
                                                   ------------    ------------
Total other assets                                   19,041,000      17,783,000
                                                   ------------    ------------
Total assets                                       $197,444,000    $212,370,000
                                                   ============    ============
</TABLE>

     See accompanying notes to condensed consolidated financial statements.
<PAGE>
<TABLE>
               Kenneth Cole Productions, Inc. and Subsidiaries
              Condensed Consolidated Balance Sheets (continued)


<CAPTION>
                                                  September 30,   December 31,
                                                       2001           2000
                                                     (Unaudited)
<S>                                               <C>             <C>
Liabilities and shareholders' equity


Current liabilities:
Accounts payable                                   $ 26,820,000    $ 34,688,000
Accrued expenses and other current liabilities       13,043,000      17,929,000
                                                   ------------    ------------
Total current liabilities                            39,863,000      52,617,000

Deferred compensation                                10,230,000       8,710,000
Other                                                 7,199,000       5,407,000

Commitments and contingencies

Shareholders' equity:

Class A Common Stock, par value $.01, 20,000,000
 shares authorized, 13,613,446, and 13,479,088
 issued in 2001 and 2000                                136,000         135,000
Class B Common Stock, par value $.01,
 9,000,000 shares authorized, 8,498,097
 and 8,588,097 outstanding in 2001 and 2000              85,000          86,000
Additional paid-in capital                           61,133,000      60,300,000
Accumulated other comprehensive income                  744,000         403,000
Retained earnings                                   133,882,000     119,483,000
                                                   ------------    ------------
                                                    195,980,000     180,407,000
Class A Common Stock in treasury, at cost,
 2,388,400 and 1,506,700 shares in 2001 and 2000    (55,828,000)    (34,771,000)
                                                   ------------    ------------
Total shareholders' equity                          140,152,000     145,636,000
                                                   ------------    ------------
Total liabilities and shareholders' equity         $197,444,000    $212,370,000
                                                   ============    ============
</TABLE>
  See accompanying notes to condensed consolidated financial statements.
<PAGE>
<TABLE>
               Kenneth Cole Productions, Inc. and Subsidiaries
                  Condensed Consolidated Statements of Income
		                    (Unaudited)

<CAPTION>
                               Three Months Ended          Nine Months Ended
                                  September 30                September 30
                                 2001       2000            2001       2000
<S>                        <C>          <C>           <C>          <C>
Net sales                   $ 94,979,000 $104,609,000  $269,116,000 $280,716,000
Royalty revenues               5,916,000    6,343,000    16,994,000   15,718,000
                            ------------ ------------  ------------ ------------
Net revenue                  100,895,000  110,952,000   286,110,000  296,434,000
Cost of goods sold            56,882,000   58,182,000   158,020,000  160,115,000
                            ------------ ------------  ------------ ------------
Gross profit                  44,013,000   52,770,000   128,090,000  136,319,000

Selling, general
and administrative expenses   34,941,000   32,206,000   106,654,000   93,461,000
                            ------------ ------------  ------------ ------------
Operating income               9,072,000   20,564,000    21,436,000   42,858,000
Interest and other income, net   382,000      979,000     1,908,000    2,326,000
                            ------------ ------------  ------------ ------------
Income before provision
 for income taxes              9,454,000   21,543,000    23,344,000   45,184,000
Provision for income taxes     3,592,000    8,617,000     8,945,000   18,073,000
                            ------------ ------------  ------------ ------------
Net income                  $  5,862,000 $ 12,926,000  $ 14,399,000 $ 27,111,000
                            ============ ============  ============ ============

Earnings per share:
        Basic               $        .30 $        .63  $        .72 $       1.32
        Diluted             $        .29 $        .59  $        .69 $       1.24
Shares used to compute
 earnings per share:
        Basic                 19,840,000   20,488,000    20,092,000   20,591,000
        Diluted               20,418,000   21,902,000    20,961,000   21,936,000
</TABLE>
     See accompanying notes to condensed consolidated financial statements.
<PAGE>
<TABLE>
              Kenneth Cole Productions, Inc. and Subsidiaries
      Condensed Consolidated Statement of Changes in Shareholders' Equity
                                (Unaudited)

<CAPTION>
                                 Class A                    Class B
                              Common Stock                Common Stock
                             Number                      Number
                            of shares   Amount          of shares   Amount
<S>                        <C>         <C>           <C>          <C>
Shareholders' equity
 January 1, 2001            13,479,088  $ 135,000     8,588,097    $ 86,000

Transition adjustment
 forward contracts

Net income

Foreign currency
 translation adjustments

Unrealized loss on
 forward contracts

Comprehensive income

Exercise of stock options,
 including tax benefit          32,053

Issuance of Class A
 Common Stock                   12,305

Purchase of Class A
 Common Stock

Conversion of Class B
 shares to Class A shares       90,000      1,000       (90,000)     (1,000)
                            --------------------------------------------------
Shareholders' equity
 September 30, 2001         13,613,446  $ 136,000     8,498,097    $ 85,000
                            ==================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                           Accumulated
                            Additional        Other
                             Paid-in      Comprehensive     Retained
                             Capital         Income         Earnings
<S>                        <C>           <C>              <C>
Shareholders' equity
 January 1, 2001            $ 60,300,000  $   403,000      $ 119,483,000

Transition adjustment
 forward contracts                          1,122,000

Net income                                                    14,399,000

Foreign currency
 translation adjustments                      (28,000)

Unrealized loss on
 forward contracts                           (753,000)

Comprehensive income

Exercise of stock options,
 including tax benefit           563,000

Issuance of Class A
 Common Stock                    270,000

Purchase of Class A
 Common Stock

Conversion of Class B
 shares to Class A shares
                            --------------------------------------------------
Shareholders' equity
 September 30, 2001         $ 61,133,000  $   744,000      $ 133,882,000
                            ==================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                               Treasury Stock
                            Number of
                             Shares      Amount              Total
<S>                        <C>         <C>              <C>

Shareholders' equity
 January 1, 2001            (1,506,700) $(34,771,000)    $145,636,000

Transition adjustment
 forward contracts                                          1,122,000

Net income                                                 14,399,000

Foreign currency
 translation adjustments                                      (28,000)

Unrealized loss on
 forward contracts                                           (753,000)
                                                         ------------
Comprehensive income                                       14,740,000

Exercise of stock options,
 including tax benefit                                        563,000

Issuance of Class A
 Common Stock                                                 270,000

Purchase of Class A
 Common Stock                 (881,700)  (21,057,000)     (21,057,000)

Conversion of Class B
 shares to Class A shares
                            --------------------------------------------
Shareholders' equity
 September 30, 2001         (2,388,400) $(55,828,000)    $140,152,000
                            ============================================
</TABLE>

See accompanying notes to consolidated condensed financial statements
<PAGE>
<TABLE>
            Kenneth Cole Productions, Inc. and Subsidiaries
           Consolidated Condensed Statements of Cash Flows
                                (Unaudited)
<CAPTION>
                                                       Nine Months Ended
                                                         September 30,
                                                        2001      2000
<S>                                                 <C>          <C>
Cash flows from operating activities
Net income                                           $ 14,399,000 $ 27,111,000
Adjustments to reconcile net income to net cash
(used in) provided by operating activities:
 Depreciation and amortization                          5,372,000    3,676,000
 Unrealized loss on deferred compensation               1,573,000      291,000
 Realized gain on marketable securities                  (133,000)
 Unrealized gain on marketable securities                             (244,000)
 Provision for bad debts                                  521,000      208,000
 Changes in assets and liabilities:
  Increase in due from factors                        (17,960,000) (13,364,000)
  Decrease (increase) in accounts receivable            1,559,000     (415,000)
  Increase in inventories                              (6,708,000)  (5,040,000)
  Decrease (increase) in prepaid expenses &
    other current assets                                  515,000     (469,000)
  Increase in other assets                             (2,831,000)  (2,293,000)
  (Decrease) increase in accounts payable              (7,868,000)   2,119,000
  (Decrease) increase in income taxes payable          (1,484,000)   2,322,000
  (Decrease) increase in accrued expenses
    and other current liabilities                      (3,188,000)   2,873,000
  Increase in other non-current liabilities             3,467,000    3,069,000
                                                     ------------ ------------
Net cash (used in) provided by operating activities   (12,766,000)  19,844,000

Cash flows from investing activities
Acquisition of property and equipment, net             (7,839,000) (16,421,000)
Proceeds from sale of marketable securities             1,624,000
Purchase of marketable securities                                   (1,481,000)
                                                     ------------ ------------
Net cash used in investing activities                  (6,215,000) (17,902,000)

Cash flows from financing activities
Proceeds from exercise of stock options                   337,000    1,561,000
Proceeds from issuance of common stock                    270,000       93,000
Purchase of treasury stock                            (21,057,000) (24,102,000)
Principal payments on capital lease obligations          (143,000)    (136,000)
                                                     ------------ ------------
Net cash used in financing activities                 (20,593,000) (22,584,000)
Effect of exchange rate changes on cash                   (28,000)     150,000
                                                     ------------ ------------
Net decrease in cash                                  (39,602,000) (20,492,000)
Cash, beginning of period                              74,608,000   71,415,000
                                                     ------------ ------------
Cash, end of period                                  $ 35,006,000 $ 50,923,000
                                                     ============ ============
Supplemental disclosures of cash flow information
Cash paid during the period for:
  Interest                                           $     35,000 $     49,000
  Income taxes                                       $ 10,101,000 $ 15,733,000
</TABLE>
    See accompanying notes to condensed consolidated financial statements
<PAGE>

Kenneth Cole Productions, Inc. and Subsidiaries
Notes to Condensed Consolidated Financial Statements
(Unaudited)
1.  Basis of Presentation

The accompanying unaudited consolidated financial statements
have been prepared by Kenneth Cole Productions, Inc. (the "Company")
in accordance with accounting principles generally accepted in the
United States for interim financial information.  Accordingly, they
do not include all of the information and footnotes required by
accounting principles generally accepted in the United States for
complete financial statements.  Certain items contained in these
financial statements are based on estimates.  In the opinion of
management, the accompanying unaudited financial statements reflect
all adjustments, consisting of only normal and recurring adjustments,
necessary for a fair presentation of the financial position and
results of operations and cash flows for the periods presented.  All
significant intercompany transactions have been eliminated.

Operating results for the nine months ended September 30, 2001
are not necessarily indicative of the results that may be expected
for the year ended December 31, 2001.  These unaudited financial
statements should be read in conjunction with the financial
statements and footnotes included in the Company's annual report on
Form 10-K for the year ended December 31, 2000.

The consolidated balance sheet at December 31, 2000, as
presented, was derived from the audited financial statements as of
December 31, 2000 included in the Company's Form 10-K.

The Company's difference between basic and diluted earnings per
share is the effect of stock option grants on dilutive securities.

2.  Comprehensive Income

Comprehensive income amounted to $14,740,000 and $27,261,000 for
the nine-month periods ended September 30, 2001 and 2000,
respectively.  Comprehensive income for the three-month periods ended
September 30, 2001 and 2000 amounted to $6,639,000 and $12,959,000,
respectively.

3.  Derivative Instruments and Hedging Activities

Effective January 1, 2001, the Company adopted Financial
Accounting Standards Board Statement of Financial Accounting
Standards No. 133 "Accounting for Derivative Instruments and Hedging
Activities" ("SFAS 133").  The Statement requires the Company to
record all derivative instruments on the balance sheet at fair value.
Derivative instruments that are not hedges must be adjusted to fair
value through income.  FAS 133 requires that changes in the
derivative's fair value to recognize currently in earnings, unless
specific hedge accounting criteria are met.
The Company routinely enters into forward exchange contracts to
hedge against an increase in the cost of future inventory purchases
denominated in foreign currencies, and therefore has classified these
contracts as cash flow hedges.  At September 30, 2001, forward
exchange contracts totaling approximately $8,500,000 were outstanding
with maturity dates through January 2002.  At September 30, 2001 an
unrealized gain of approximately $369,000 was recorded as an addition
to other
comprehensive income in the statement of changes in shareholders'
equity and an increase to inventory on the balance sheet.  The
Company expects to reclassify all of the unrealized gain from other
accumulated comprehensive income into earnings within the next twelve
month period due to the actual execution of foreign exchange
contracts to purchase merchandise.  On the date of adoption of SFAS
133, January 1, 2001 the Company recorded an unrealized gain of
approximately $1,122,000.

4.  Segment Information

The Company has three reportable segments: Wholesale, Consumer Direct
and Licensing/International.  The Company's reportable segments are
business units that offer different products and services or similar
products through different channels of distribution. The Wholesale
segment is comprised of design, sourcing and marketing a broad range
of quality footwear and handbags for wholesale distribution. The
Consumer Direct segment markets the broad selection of the Company's
branded products, including licensee products, for sale directly to
the consumer through its own channels of distribution, which include
full price retail stores, outlet stores, e-commerce (at website
addresses www.kennethcole.com and www.reactiononline.com) and
catalogs.  The Licensing/International segment primarily consists of
earning royalties on third party licensee sales of branded products.
The Company maintains control over quality and image and allows
licensees to sell primarily to the same channels of distribution as
those of the Company's wholesale division.  The Company earns
royalties on the licensee's sales of branded product.  The Company
evaluates performance and allocates resources based on profit or loss
from each segment.  The Wholesale segment is evaluated on income from
operations before income taxes.  The Consumer Direct segment is
evaluated on profit or loss from operations before unallocated
corporate overhead and income taxes.  The Licensing/International
segment is evaluated based on royalties earned and pretax segment
profit.  The accounting policies of the reportable segments are the
same as those described in the summary of significant accounting
policies.  Intersegment Revenues between the Wholesale and Consumer
Direct segment include a markup, which is eliminated in
consolidation.

Financial information of the Company's reportable segments is as
follows (in thousands):
<TABLE>
<CAPTION>
                                            Three Months Ended
                                            September 30, 2001
                                           Consumer   Licensing/
                                 Wholesale  Direct   International   Totals
<S>                              <C>       <C>         <C>         <C>
Revenues from external customers   58,242   36,609      6,044       100,895
Intersegment revenues              (7,168)                           (7,168)
Segment income (1)                  8,957     (328)     4,414        13,043
Segment assets                    138,704   58,391      2,674       199,769

                                            Three Months Ended
                                            September 30, 2000
                                           Consumer   Licensing/
                                 Wholesale  Direct   International   Totals
<S>                              <C>       <C>         <C>         <C>
Revenues from external customers   70,848   33,309      6,795       110,952
Intersegment revenues              (8,759)                           (8,759)
Segment income (1)                 16,549    4,083      5,139        25,771
Segment assets                    146,535   44,681      3,221       194,437

                                            Nine Months Ended
                                            September 30, 2001
                                           Consumer   Licensing/
                                 Wholesale  Direct   International   Totals
<S>                              <C>       <C>         <C>         <C>
Revenues from external customers  154,264   114,138     17,708      286,110
Intersegment revenues             (23,750)                          (23,750)
Segment income (1)                 21,826       906     12,495       35,227

                                            Nine Months Ended
                                            September 30, 2000
                                           Consumer   Licensing/
                                 Wholesale  Direct   International   Totals
<S>                              <C>       <C>         <C>         <C>
Revenues from external customers  185,176   94,206      17,052      296,434
Intersegment revenues             (21,551)                          (21,551)
Segment income (1)                 31,809   13,325      11,728       56,862
 </TABLE>
(1) Before elimination of intersegment profit, unallocated corporate
overhead and income taxes.

The reconciliation of the Company's reportable segment revenues,
profit and loss, and assets are as follows (in thousands):
<TABLE>
<CAPTION>
                                      Three Months Ended    Nine Months Ended
                                         September 30,        September 30,
                                      2001       2000       2001      2000
<S>                                 <C>       <C>        <C>       <C>
Revenues
Revenues for external customers      $ 100,895 $ 110,952  $ 286,110 $ 296,434
Intersegment revenues                    7,168     8,759     23,750    21,551
Elimination of intersegment revenues    (7,168)   (8,759)   (23,750)  (21,551)
                                     --------- ---------  --------- ---------
   Total consolidated revenues       $ 100,895 $ 110,952  $ 286,110 $ 296,434
                                     ========= =========  ========= =========
Income
Total profit for reportable segments $  13,043 $  25,771  $  35,227 $  56,862
Elimination of intersegment profit and
 unallocated corporate overhead         (3,589)   (4,228)   (11,883)  (11,678)
                                     --------- ---------  --------- ---------
   Total income before income taxes  $   9,454 $  21,543  $  23,344 $  45,184
                                     ========= =========  ========= =========
Assets
Total assets for reportable segments $ 199,769 $ 194,437
Elimination of inventory
 profit in consolidation                (2,325)   (2,518)
                                     --------- ---------
   Total consolidated assets         $ 197,444 $ 191,919
                                     ========= =========
</TABLE>

Kenneth Cole Productions, Inc. and Subsidiaries
Notes to Condensed Consolidated Financial Statements
(Unaudited)

5.  Common Stock Repurchase

	On February 21, 2001 the Company's Board of Directors authorized
the Company to purchase up to an additional 2.0 million shares of its
Class A Common Stock in open market purchases.  As of September 30,
2001 the Company has 1,861,600 shares remaining from its buyback
authorization.

6.  New Licensing Agreements

Fragrance:

	On March 14, 2001, the Company and American Luxury Brands LLC, a
wholly owned subsidiary of LVMH Moet Hennessey Louis Vuitton, Inc.
(collectively with its subsidiaries and affiliates, "LVMH") entered
into a multi-brand initiative to create distribute and market
fragrance and body products worldwide.  The agreement covers the
trademarks Kenneth Cole New York, Reaction Kenneth Cole, and
Unlisted.  The initial term is through December 31, 2007 with options
to renew through December 2022 based on LVMH reaching certain sales
thresholds during these periods.   LVMH is obligated to pay the
Company a percentage of net sales based upon the terms of the
agreement.

Children's Apparel:

	On May 4, 2001, the Company signed an agreement with Wear Me
Apparel Corporation, doing business as Kids Headquarters, to produce
boys' and girls' sportswear under the Reaction Kenneth Cole
trademark.  The initial term of the agreement is through December 31,
2004 with options to renew through December 31, 2007 based upon
certain sales thresholds being met.   The Company receives a
percentage of net sales from Kids Headquarters.  The initial launch
is expected during calendar 2002.

7.  New Accounting Pronouncements

	In April 2001, the Financial Accounting Standards Board's
Emerging Issues Task Force ("EITF") reached a consensus on Issue No.
00-25, "Vendor Income Statement Characterization of Consideration
Paid to a Reseller of the Vendor's Products."  This issue addresses
the recognition, measurement and income statement classification of
consideration from a vendor to a customer in connection with the
customer's purchase or promotion of the vendor's products.  The
Company expects the adoption of this EITF Consensus to only impact
revenue and expense classifications and not change reported net
income.  The Company will adopt this EITF on January 1, 2002.

	In June 2001, the Financial Accounting Standards Board issued
Statements of Financial Accounting Standards No. 141, Business
Combinations, and No. 142, Goodwill and Other Intangible Assets,
effective for fiscal years beginning after December 15, 2001.  Under
the new rules, goodwill and intangible assets deemed to have
indefinite lives will no longer be amortized, but will be subject to
annual impairment tests in accordance with these Statements.  Other
intangible assets will continue to be amortized over their useful
lives.  The Company expects the adoption of these new pronouncements
will not have a material impact on net income.  The Company will
begin applying these pronouncements on January 1, 2002.

8.  Other

	The Company from time to time is a party to litigation that
arises in the normal course of its business operations.  The Company
presently is not a party to any such litigation that would have a
material adverse effect on its business operations.

9.  Reclassification

	Certain amounts included in the 2000 financial statements have
been reclassified to conform to the September 30, 2001 presentation.


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

Forward-Looking Statements Disclosure

	The statements contained in this report which are not historical
facts including, without limitation, statements that relate to future
performance and/or statements regarding the Company's anticipated
results or level of business for 2001 or any other future period, may
be deemed to constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements are based on current expectations only, and actual
future results might differ materially from those projected in such
statements due to a number of risks and uncertainties, including, but
not limited to, demand and competition for the Company's products,
the ability to enter into new licensee agreements and to open new
stores, dependence on certain large customers and changes in the
Company's relationships with vendors and other resources.  The
forward-looking statements contained herein are also subject to other
risks and uncertainties that are described in the Company's reports
and registration statements filed with the Securities And Exchange
Commission.  The Company undertakes no obligation to publicly update
or revise any forward-looking statement, whether as a result of new
information, or otherwise.


Results of Operations

The following table sets forth the Company's condensed
consolidated statements of income in thousands of dollars and as a
percentage of net revenue for the three and nine months ended
September 30, 2001 and September 30, 2000.
<TABLE>
<CAPTION>
                          Three Months Ended           Nine Months Ended
                            September 30,                 September 30,
                        2001          2000            2001           2000
<S>             <C>      <C>    <C>      <C>    <C>      <C>    <C>      <C>
Net Sales        $ 94,979  94.1% $104,609  94.3% $269,116  94.1% $280,716  94.7%
Licensing revenue   5,916   5.9     6,343   5.7    16,994   5.9    15,718   5.3
Net revenue       100,895 100.0   110,952 100.0   286,110 100.0   296,434 100.0
Gross profit       44,013  43.6    52,770  47.6   128,090  44.8   136,319  46.0
Selling, general
 & administrative
 expenses          34,941  34.6    32,206  29.0   106,654  37.3    93,461  31.5
Operating income    9,072   9.0    20,564  18.6    21,436   7.5    42,858  14.5
Interest and
 other income, net    382   0.4       979   0.9     1,908   0.7     2,326   0.7
Income before
 income taxes       9,454   9.4    21,543  19.5    23,344   8.2    45,184  15.2
Income tax expense  3,592   3.6     8,617   7.8     8,945   3.1    18,073   6.1
Net income          5,862   5.8    12,926  11.7    14,399   5.1    27,111   9.1
</TABLE>
Three Months Ended September 30, 2001 Compared to Three Months Ended
September 30, 2000

NET REVENUES. Consolidated net revenues decreased 9.1% to $100.9
million for the three months ended September 30, 2001 compared to
$111.0 million for the three months ended September 30, 2000.  The
tragic events of September 11, 2001 further aggravated the already
deteriorating retail environment in which the Company's sales were
trending downward.  The subsequent economic uncertainty and weakened
consumer confidence resulted in sales through the Company's retail
stores during the month of September to fall well below plans, with
comparable store sales down approximately 32% for the last three
weeks of the month.  Prior to September 11, 2001 comparable store
sales had been running down approximately 9%.  The Company believes
its tiered brand dual gender structure through multiple channels of
distribution generally mitigates weakness in any given distribution
channel or product classification, it believes the recent events will
result in an ongoing uncertain retail economic climate. While the
Company is aware that it needs to strengthen its product offerings,
it expects to operate successfully in this changed environment with
the view that market conditions for its own stores and for the
department store channel will be challenging through most of next
year.  The Company's long-term strategy of growth and diversification
has not changed and it has intensified its cost-reduction program.

NET SALES.  Wholesale net sales (excluding sales to its Consumer
Direct business segment) decreased $12.6 million or 17.8% for the
three months ended September 30, 2001 to $58.2 million from $70.8
million for the three months ended September 30, 2000.  This decrease
is primarily attributable to a decrease in sales across all three
brands, Kenneth Cole New York, Reaction Kenneth Cole and Unlisted
with men's' footwear facing a particularly challenging quarter.  The
Company had positive wholesale growth in Reaction Kenneth Cole
women's footwear.  Collapsing consumer confidence coupled with having
too much men's core product as a percentage of total product led to
lessening consumer demand.  Further, the Company's decision not to
participate in aggressive promotional activities in order to maintain
the integrity of its brands resulted in constraints on distribution
placing additional downward pressure on short-term volume.

Net sales in the Company's Consumer Direct segment increased
$3.3 million or 9.9% to $36.6 million for the three months ended
September 30, 2001 compared to $33.3 million for the three months
ended September 30, 2000.  The improvement in net sales is due to the
increase in the number of stores offset by a comparable sales
decrease of 15.1%, much of which was attributable to the weeks
following September 11, 2001 as discussed above.  Of the total net
sales increase, $8.3 million was attributable to that portion of 2001
sales for stores not open for all of 2000 and new stores opened in
2001, offset by a reduction in comparable store sales of $4.3 million
with the remaining amounts from Internet/Catalog sales.  The Consumer
Direct segment revenue as a percentage of net revenue increased to
36.3% for the three months ended September 30, 2001 compared to 30.0%
for the three months ended September 30, 2000.

LICENSING REVENUES.  Royalty revenues decreased 6.7% to $5.9
million for the three months ended September 30, 2001 from $6.3
million for the three months ended September 30, 2000. The decrease
reflects lower sales throughout many product categories offset by
increases in men's and women's outerwear and eyewear.  Royalty
revenues as a percentage of net revenues is 5.9% for the three months
ended September 30, 2001 compared to 5.7% for the three months ended
September 30, 2000.


GROSS PROFIT.  Consolidated gross profit as a percentage of net
revenue decreased to 43.6% for the three months ended September 30,
2001 from 47.6% for the comparable period last year. The decrease is
primarily attributable to the Consumer Direct gross margins
decreasing as a result of higher markdowns at the Company owned
stores necessitated by the challenging economic conditions. This
decrease in gross margin is partially offset by the increase in
Consumer Direct sales as a percentage of consolidated sales since the
Consumer Direct segment operates at a higher margin structure than
the wholesale segment.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES.  Selling, general
and administrative expenses, including shipping and warehousing,
increased 8.5% to $34.9 million (or 34.6% of net revenue) for the
three months ended September 30, 2001 from $32.2 million (or 29.0% of
net revenue) for the three months ended September 30, 2000.  The
increase as a percentage of net revenues is primarily due to the
Company achieving sales levels well below operating plans, resulting
in a reduction in the leverage over fixed operating expenses.  The
increase is further attributable to the expansion of the Company's
retail and outlet stores, which operate at a higher cost structure
than its Wholesale and Licensing/International segments and increases
in real estate costs as a result of the Company's strategic expansion
to larger format stores in certain markets.  In response to the
current economic environment the Company expanded its ongoing cost-
reduction program. As part of this comprehensive program, the Company
will continue to evaluate consolidating responsibilities and
reorganizing certain administrative functions to enable the company
to take advantage of potential synergies.  The Company recently
eliminated approximately 10% of its corporate staff.

	OPERATING INCOME.  As a result of the foregoing, operating
income decreased 55.9% for the three months ended September 30, 2001
to $9.1 million (9.0% of net revenue) from $20.6 million (18.6% of
net revenue) for the three months ended September 30, 2000.

INTEREST AND OTHER INCOME.  Interest and other income decreased
to $382,000 from $979,000 in the comparable period in 2000.  The
decrease is the result of lower average cash balances and declines in
short-term interest rates.

	INCOME TAXES.  The Company's effective tax rate has decreased to
38.0% for the three-month period ended September 30, 2001 from 40.0%
in the corresponding period in 2000.  The decrease is due to the
relative level of earnings in the various state and local taxing
jurisdictions in which the Company conducts business.

Nine months Ended September 30, 2001 Compared to Nine Months Ended
September 30, 2000

	NET REVENUES.  Consolidated net revenues decreased 3.5% to
$286.1 million for the nine months ended September 30, 2001 compared
to $296.4 million for the nine months ended September 30, 2000.

	NET SALES.  Wholesale net sales (excluding sales to its Consumer
Direct business segment) decreased $30.9 million or 16.7% for the
nine months ended September 30, 2001 to $154.3 million from $185.2
million for the nine months ended September 30, 2000.  The decrease
is attributable to sales decreases across all three brands, primarily
resulting from a difficult retail environment, too much core product
as a percentage of total product, and the Company's determination not
to participate in aggressive promotional activities that may be
injurious to the longevity of its brands for the benefit of increased
sales.  The most significant brand decrease occurred in Unlisted.
The Company believes its performance will improve as it is
transitioning the Unlisted brand by updating the product line and
dropping the .com from its name and co-branding with a Kenneth Cole
Production.  Net sales in the Company's Consumer Direct segment
increased $19.9 million or 21.2% to $114.1 million for the nine
months ended September 30, 2001 compared to $94.2 million for the
nine months ended September 30, 2000.  Of the total net sales
increase, $28.1 million was attributable to that portion of 2001
sales for stores not open for all of 2000 and new stores opened in
2001, offset by a $7.4 million reduction in comparable store sales,
with the remaining change from Internet/Catalog sales.  The Company
opened 5 stores during the nine months ended September 30, 2001 of
which 2 are full price and 3 are outlets.   Net revenues from the
Consumer Direct segment were 39.9% of net consolidated revenue for
the nine months ended September 30, 2001 compared to 31.8% for the
nine months ended September 30, 2000.


	GROSS PROFIT.  Consolidated gross profit as a percentage of net
revenues decreased to 44.8% for the nine months ended September 30,
2000 from 46.0% for the comparable period last year.  The decrease in
gross profit is primarily attributable to decreased gross margins in
the Consumer Direct segment as a result of higher markdowns at the
Company owned stores necessitated by the challenging economic
conditions.  Although the Consumer Direct segment produces a
significantly higher gross profit percentage than the Company's other
two segments, gross profit has diminished as a result of markdowns at
retail to compete in the difficult economic environment.

LICENSING REVENUES.  Royalty revenues increased 8.1% to $17.0
million for the nine months ended September 30, 2001 from $15.7
million for the nine months ended September 30, 2000. The increase
primarily reflects the incremental revenues in sales of several of
the Company's existing licensees and the first spring season of
women's sportswear through the first two quarters of calendar 2001
offset by diminished sales across all brands and most product
categories during the third quarter from the challenging retail and
economic environment.  Royalty revenues as a percentage of the net
revenues is 5.9% of the nine months ended September 30, 2001 compared
to 5.3% for the nine months ended September 30, 2000.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES.  Selling, general
and administrative expenses, including shipping and warehousing,
increased 14.1% to $106.7 million (or 37.3% of net revenue) for the
nine months ended September 30, 2001 from the $93.5 million (or 31.5%
of net revenue) for the nine months ended September 30, 2000.  The
increase as a percentage of revenues is attributable to the expansion
of the Company's retail and outlet stores, which operate at a higher
cost structure than its Wholesale and Licensing/International
segments, and a reduction in variable cost leverage over fixed
operating expenses from sales below original operating targets.

OPERATING INCOME.  As a result of the foregoing, operating
income decreased 50.0% for the nine months ended September 30, 2001
to $21.4 million (7.5% of net revenue) from $42.9 million (14.5% of
net revenue) for the nine months ended September 30, 2000.

INTEREST AND OTHER INCOME.  Interest and other income decreased
to $1,908,000 from $2,326,000 in the comparable period in 2000.  The
decrease is the result of lower average cash balances and declining
interest rates on short-term investments during the current calendar
year.

INCOME TAXES.  The Company's effective tax rate decreased to
38.3% for the nine-month period ended September 30, 2001 from 40.0%
in the corresponding period last year. The decrease is due to the
relative level of earnings in the various state and local taxing
jurisdictions in which the Company conducts business.

Liquidity and Capital Resources

The Company uses cash from operations as the primary sources of
financing for its expansion and seasonal requirements.  Cash
requirements vary from time to time as a result of the timing of the
receipt of merchandise from suppliers, the delivery by the Company of
merchandise to its customers, and the level of accounts receivable
and due from factors balances.  At September 30, 2001 and December
31, 2000, working capital was $97.9 million and $103.8 million,
respectively.

Cash used in operating activities was $12.8 million for the nine
months ended September 30, 2001 compared to $19.8 million provided by
operating activities for the nine months ended September 30, 2000.
The decrease in cash flow from operations is primarily attributable
to a decline in net income of $12.7 million compared to the prior
period and the timing of payables and receivables.

Net cash used in investing activities decreased $11.7 million in
the nine months ended September 30, 2001 from $17.9 million in the
comparable period last year.  Capital expenditures totaled
approximately $7.8 million and $16.4 million for the nine months
ended September 30, 2001 and 2000 respectively.  Capital expenditures
for new retail store openings and expansions were approximately $5.9
million and $5.6 million for the nine months ended September 30, 2001
and September 30, 2000, respectively.  The remaining expenditures
were for corporate headquarter renovations and to further develop the
Company's information systems.  The decrease in net cash used in
investing activities was reduced by $1.6 million of proceeds from the
sale of marketable securities.

During 2000, the Company relocated its corporate headquarters to
a new location in New York City.  The Company completed Phase I of
its renovations and began Phase II, incurring approximately $11
million in capital expenditures and expects to incur an additional $9
million over the next two to three years upon turnover of additional
space.

Net cash used in financing activities was $20.6 million for the
nine months ended September 30, 2001 compared to the $22.6 million in
the comparable period last year.  This is primarily attributable to
the Company's purchase of 881,700 shares of Class A Common Stock
during the nine months ended September 30, 2001 at an average price
of $23.88 compared to 746,250 shares of Class A Common Stock
purchased during the nine months ended September 30, 2000 at an
average price of $32.30 under its stock repurchase program.

The Company has a line of credit, which allows for borrowing and
letters of credit up to a maximum of $25.0 million to finance working
capital requirements.  The Company has no outstanding advances under
this line of credit.  However, amounts available under the line were
reduced by $2.5 million in standby letters of credit and $0.8 million
in open letters of credit at September 30, 2001.

The Company believes that it will be able to satisfy its cash
requirements for the next year, including requirements for its retail
expansion, new corporate office space and information systems
improvements, primarily with cash flow from operations, current cash
levels, and, if necessary, with borrowings under its line of credit.

Seasonality of Business

The Company's business is affected by seasonal trends, with
higher levels of wholesale sales in its first and third quarters and
higher retail sales in its fourth quarter.  These trends result
primarily from the timing of seasonal wholesale shipments to retail
customers and key vacation travel and holiday shopping periods in the
retail segments.  As a result of the growth in the Company's retail
operations and royalty revenues, historical quarterly operating
trends and working capital requirements may not accurately reflect
future performances.  In addition, fluctuations in sales, royalty
revenues and operating income in any fiscal quarter may be affected
by the timing of seasonal wholesale shipments and other events
affecting retail.

The foregoing commentary should be considered to fall within the
coverage of the "Safe Harbor Statement" under the Private Securities
Litigation reform Act of 1995 included in this report.


Item 3.  Quantitative and Qualitative Disclosures About Market Risk

The Company does not believe it has a material exposure to
market risk.  The Company is primarily exposed to currency exchange-
rate risks with respect to its inventory transactions denominated in
Italian Lira, which has been converted to the Euro effective January
1, 1999.  The Company has been utilizing the Euro in place of the
Italian Lira prior to December 31, 2001.  Business activities in
various currencies expose the Company to the risk that the eventual
net dollar cash flows from transactions with foreign suppliers
denominated in foreign currencies may be adversely affected by
changes in currency rates.  The Company manages these risks by
utilizing foreign exchange contracts.  The Company does not enter
into foreign currency transactions for speculative purposes.  At
September 30, 2001 the Company had foreign exchange contracts
totaling $8.5 million with an unrealized gain of $369,000.  The
Company's earnings may also be affected by changes in short-term
interest rates as a result of borrowings under its line of credit
facility.  At the Company's borrowing levels, a two percent increase
in interest rates affecting the Company's credit facility would not
have a material effect on the Company's projected 2001 and actual
2000 net income.



Part II - OTHER INFORMATION

Item 1.   Legal Proceedings.  None


Item 2.   Changes in Securities and Use of Proceeds.  None

Item 3.   Defaults Upon Senior Securities.  None

Item 4.   Submission of Matters to a Vote of Security Holders.  None

Item 5.   Other Information.  None

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

   (a) Exhibits:

Reports on Form 8-K: The Company did not file any reports
on Form 8-K during the three months ended September 30, 2001.

<PAGE>
SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.


                                       Kenneth Cole Productions, Inc.
                                               Registrant




November 13, 2001                         /s/ STANLEY A. MAYER
                                          Stanley A. Mayer
                                          Executive Vice President and
                                          Chief Financial Officer