UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): ~~December~~January 249, ~~2014~~2015

dELiA*s, INC.

(Exact name of registrant as specified in its charter)

Delaware

000-51648

20-3397172

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

50 West 23^rd Street, New York, New York 10010

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (212) 590-6200

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

Item 1.01

Entry into a Material Definitive Agreement.

On ~~December~~January 249, ~~2014~~2015, the United ~~States~~ States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) entered a final order approving ~~the~~that ~~Agency~~certain ~~Agreement,~~Debtor-in-Possession asCredit ~~amended~~Agreement ~~and~~dated ~~restated~~as onof December 228, 2014, as amended (the “~~Agency~~DIP Credit Agreement”), by and ~~between~~ among dELiA*s, Inc. (the “Company”) and aits ~~joint~~subsidiaries ~~venture~~that ofcommenced ~~Hilco~~chapter ~~Merchant~~11 ~~Resources,~~cases ~~LLC~~on ~~and~~December 7, ~~Gordon~~2014, ~~Brothers~~Salus ~~Retail~~Capital Partners, LLC, ~~(the~~as ~~“Agents”).~~Administrative ~~The~~Agent ~~Agency~~and ~~Agreement~~Collateral ~~authorizes~~Agent, and the ~~Agents~~other tolenders party ~~liquidate~~thereto. ~~all~~The ~~merchandise~~DIP ~~and inventory~~Credit ~~owned~~Agreement byprovides ~~the~~for ~~Company~~a ~~and~~senior ~~certain~~secured ofrevolving ~~its~~credit ~~subsidiaries~~facility ~~and~~in toan ~~dispose~~aggregate ofamount ~~certain~~not ~~furnishings,~~to ~~trade~~exceed ~~fixtures,~~(i) $20.0 ~~equipment~~million ~~and~~for ~~improvements~~the toperiod ~~real~~from ~~property~~the ~~with~~closing ~~respect~~date toof the ~~Company’s~~DIP ~~stores~~Credit ~~and,~~Agreement atto the ~~Company’s~~date ~~option, distribution~~upon ~~center.~~which ~~Such~~the Company ~~liquidation~~receives ~~and~~an ~~sale~~initial ~~includes~~guaranty ~~store~~payment ~~closing~~under ~~and~~the ~~going~~Agency ~~out~~Agreement, ofand ~~business~~(ii) $10.0 ~~sales~~million atthereafter. ~~all~~The ofmaterial ~~the~~terms ~~retail stores~~ of the ~~Company~~original ~~and~~agreement, ~~its~~as ~~subsidiaries~~described ~~that~~in ~~commenced~~the ~~chapter~~Company’s 11Form ~~cases~~8-K filed on December 710, 2014, ~~(together~~remain ~~with the~~in ~~Company,~~effect. ~~the~~The ~~“Debtors”).~~foregoing ~~Copies~~summary ofis qualified in its entirety by reference to the ~~Agency~~DIP Credit Agreement, ~~and~~which ~~the~~is ~~Bankruptcy~~attached ~~Court~~hereto ~~order~~as ~~may~~Exhibit be10.1 ~~found~~and atis ~~https://cases~~incorporated herein by reference.~~primeclerk.com/delias.~~

The Agency Agreement was amended and restated from the original agreement entered into by such parties on December 4, 2014. In particular, the Agency Agreement was amended to provide that:

• The Agents’ designation rights with respect to the Company’s intellectual property include the membership interests in dELiA*s Brand LLC, and the Debtors will be paid 40% of the net recovery from any sale of the intellectual property in excess of $1.2 million and 60% of any amount in excess of $2.5 million.

• To the extent that the total proceeds from the sales exceed the sum of expenses, the specified Agents’ fees and the guaranteed amount (91% of the value of such merchandise), 50% of the remaining sale proceeds will be paid to the Debtors.

• Specified marked-out-of-stock inventory was carved out from the general sale provisions. To the extent that the total proceeds from such sales exceed the sum of expenses, the specified Agents’ fees and the guaranteed amount (36% of the value of such merchandise), 80% of the remaining sale proceeds will be paid to the Debtors.

Except as set forth above, the material terms of the original agreement, as described in the Company’s Form 8-K filed on December 10, 2014, remain in effect. The foregoing summary is qualified in its entirety by reference to the Agency Agreement, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.

ExhibitNumber		Description
10.1		~~Agency~~DIP Credit Agreement, dated as of December 228, 2014, as amended, by and ~~between~~among ~~the~~dELiA*s, ~~Company~~Inc. and aits ~~joint~~subsidiaries ~~venture~~that ofcommenced ~~Hilco~~chapter ~~Merchant~~11 ~~Resources,~~cases ~~LLC~~on ~~and~~December ~~Gordon~~7, ~~Brothers~~2014, ~~Retail~~Salus Capital Partners, LLC, as Administrative Agent and Collateral Agent, and the other lenders party thereto

SIGNATURE

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 hereunto duly authorized.

dELiA*s, Inc.

(Registrant)

Date: January 2, 2015

/s/ Ryan A. Schreiber

Date: January 14, 2015

/s/ Ryan A. Schreiber

Ryan A. Schreiber

President, General Counsel and Secretary

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