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 * HULL KEITH M   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) 9 HIGHGATE WEST 3. Date of Earliest Transaction (Month/Day/Year) 08/04/2014 (Street) AUGUSTA, GA 30909 4. If Amendment, Date Original Filed(Month/Day/Year) 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 Common Stock               5,000 D   Restricted Common Stock Award               6,500 D   Common Stock 08/04/2014   A   3,603 A $ 13.87 (2) 10,103 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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

Common Stock Option

$ 12.65

06/27/2013

06/27/2020

Common Stock

5,500

27,000

D

Restricted Stock Units

(1)

06/27/2016

06/27/2016

Common Stock

2,500

29,500

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HULL KEITH M 9 HIGHGATE WEST AUGUSTA, GA 30909	X

Signatures

Jason Boling under POA for Keith Hull		08/04/2014
**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).
(1)	Each restricted stock unit represents a contingent right to receive one share of common stock of Cherokee Inc.
(2)	In accordance with Cherokee's current compensation programs for non-employee directors, each non-employee director may elect to receive all or a portion of such director's annual retainer fees in restricted stock units in lieu of cash payments. The price per unit was established concurrently with the recipient's election regarding whether to receive restricted stock units in lieu of cash for such recipient's service over a one year period ending on August 4, 2015.
Remarks: Effective August 4, 2014, the Compensation Committee of the Board of Directors of Cherokee Inc. ("Cherokee") granted Mr. Hull restricted stock units for 3,603 shares of Cherokee's common stock pursuant to Cherokee's current compensation programs for non-employee directors.  Such restricted stock units (i) vest in equal quarterly installments following the date of grant, which vesting may accelerate in certain circumstances and (ii) may only be settled in shares of Cherokee's common stock.

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