FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * EWING TIMOTHY G   2. Issuer Name and Ticker or Trading Symbol CHEROKEE INC [CHKE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 4514 COLE AVE. SUITE 740 3. Date of Earliest Transaction (Month/Day/Year) 06/18/2012 (Street) DALLAS, TX 75205 4. If Amendment, Date Original Filed(Month/Day/Year) 06/20/2012 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Restricted Common Stock Award               1,500 D   Restricted Common Stock Award * 06/18/2012 06/18/2012 A   1,500 A $ 0 1,500 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Common Stock Option

$ 16.08

02/01/2011

02/01/2015

Common Stock

2,666

2,666

D

Common Stock Option

$ 16.08

02/01/2012

02/01/2015

Common Stock

2,667

5,333

D

Common Stock Option

$ 16.08

02/01/2013

02/01/2015

Common Stock

2,667

8,000

D

Common Stock Option

$ 17.21

03/23/2012

03/23/2018

Common Stock

2,666

10,666

D

Common Stock Option

$ 17.21

03/23/2013

03/23/2018

Common Stock

2,667

13,333

D

Common Stock Option

$ 17.21

03/23/2014

03/23/2018

Common Stock

2,667

16,000

D

Common Stock Option

$ 13.06

06/18/2012

06/18/2019

Common Stock

5,500

21,500

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
EWING TIMOTHY G 4514 COLE AVE. SUITE 740 DALLAS, TX 75205	X

Signatures

Mark DiSiena under POA for Timothy G. Ewing		06/26/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Remarks: * The sole purpose of this amendment is to correct a scrivener's error on the original Form 4 filing made on June 20, 2012 (the "Original Filing").  The Original Filing was made to report the grant of a restricted stock award to Mr. Ewing on June 18, 2012. On June 18, 2012, the Compensation Committee (the "Committee") of the Board of Directors (the "Board") of Cherokee Inc. ("Cherokee") granted Mr. Ewing a restricted stock award for 1,500 shares as noted above. There is no purchase price required by the recipient in connection with this award.  Such restricted stock award will vest in full on the three year anniversary of the grant date. Such vesting will accelerate upon the earlier of (i) a change in control of Cherokee, (ii) the death of the recipient or (iii) the recipient's failure to be re-elected to the Board of Directors in any election in which the recipient stands for re-election.

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