Ownership Submission
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
RAVICH JESS 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)
C/O CHEROKEE INC., 5990 SEPULVEDA BLVD SUITE 600		 3. Date of Earliest Transaction (Month/Day/Year)
09/15/2015
(Street)

SHERMAN OAKS, CA 91411		 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 09/15/2015   P   230 A $ 14.2299 139,143 D  
Common Stock 09/15/2015   P   300 A $ 14.45 139,443 D  
Common Stock 09/15/2015   P   348 A $ 14.2099 139,791 D  
Common Stock 09/15/2015   P   600 A $ 14.4946 140,391 D  
Common Stock 09/15/2015   P   800 A $ 14.4437 141,191 D  
Common Stock 09/15/2015   P   926 A $ 14.4899 142,117 D  
Common Stock 09/15/2015   P   1,000 A $ 14.4779 143,117 D  
Common Stock 09/15/2015   P   1,000 A $ 14.4684 144,117 D  
Common Stock 09/15/2015   P   1,000 A $ 14.4877 145,117 D  
Common Stock 09/15/2015   P   1,000 A $ 14.4952 146,117 D  
Common Stock 09/15/2015   P   1,000 A $ 14.4966 147,117 D  
Common Stock 09/15/2015   P   1,000 A $ 14.4807 148,117 D  
Common Stock 09/15/2015   P   1,086 A $ 14.2 149,203 D  
Common Stock 09/15/2015   P   1,984 A $ 14.4467 151,187 D  
Common Stock 09/15/2015   P   5,000 A $ 14.25 156,187 D  
Common Stock 09/15/2015   P   5,000 A $ 14.2 161,187 D  
Common Stock 09/15/2015   P   10,000 A $ 14.0857 171,187 D  
Common Stock 09/15/2015   P   10,000 A $ 14.1935 181,187 D  
Common Stock 09/15/2015   P   25,000 A $ 14.2033 206,187 D  
Common Stock 09/15/2015   P   400 A $ 14.239 206,587 D  
Common Stock 09/15/2015   P   500 A $ 14.4982 207,087 D  
Common Stock 09/15/2015   P   652 A $ 14.23 207,739 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 Options (right to buy) $ 13.06             06/18/2012 06/18/2019 Common Stock 5,500   5,500 D  
Common Stock Options (right to buy) $ 12.65             06/27/2013 06/27/2020 Common Stock 5,500   5,500 D  
Restricted Stock Units (1)             06/27/2016 06/27/2016 Common Stock 1,500   1,500 D  
Common Stock Options (right to buy) $ 22.94             06/08/2016 06/08/2022 Common Stock 16,666   16,666 D  
Common Stock Options (right to buy) $ 22.94             06/08/2017 06/08/2022 Common Stock 16,667   33,333 D  
Common Stock Options (right to buy) $ 22.94             06/08/2018 06/08/2022 Common Stock 16,667   50,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RAVICH JESS M
C/O CHEROKEE INC.
5990 SEPULVEDA BLVD SUITE 600
SHERMAN OAKS, CA 91411		   X      

Signatures

 Jason Boling under POA for Jess M. Ravich   09/17/2015
**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.

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