SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              --------------------

                                 SCHEDULE 13G/A

             INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
                               (AMENDMENT NO. 3)1


                                 CANDIE'S, INC.
--------------------------------------------------------------------------------
                                (Name of Issuer)


                    Common Stock, par value $0.001 per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   137-409-108
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                  May 19, 2005
--------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)



Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c) 
[ ] Rule 13d-1(d)


----------
     1 The  remainder  of this cover  page  shall be filled out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


                                  Page 1 of 8



CUSIP NO.   137-409-108               13G/A                    Page 2 of 8 Pages

------------------ -------------------------------------------------------------
        1          NAME OF REPORTING PERSONS
                   S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

                            SWEET SPORTSWEAR, LLC (TAX ID: 95-4553362)
------------------ -------------------------------------------------------------
        2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                         (a) [ ]

                                                                         (b) [X]
------------------ -------------------------------------------------------------
                   SEC USE ONLY

------------------ -------------------------------------------------------------
        4          CITIZENSHIP OR PLACE OF ORGANIZATION
                            CALIFORNIA
------------------ --------- ---------------------------------------------------
     NUMBER           5      SOLE VOTING POWER
       OF                    2,423,704
     SHARES        --------- ---------------------------------------------------
  BENEFICIALLY        6      SHARED VOTING POWER
    OWNED BY                 0
                   --------- ---------------------------------------------------
    REPORTING         7      SOLE DISPOSITIVE POWER
     PERSON                  2,423,704
      WITH         --------- ---------------------------------------------------
                      8      SHARED DISPOSITIVE POWER
                             0
------------------ -------------------------------------------------------------
        9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                   2,423,704
------------------ -------------------------------------------------------------
       10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
                   SHARES*
                                                                             [ ]
------------------ -------------------------------------------------------------
       11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                   8.51%(1)
------------------ -------------------------------------------------------------
       12          TYPE OF REPORTING PERSON*
                   OO
------------------ -------------------------------------------------------------

(1)  Based on a total of 28,468,357  shares of the issuer's  Common Stock issued
     and outstanding as of April 28, 2005.


                                  Page 2 of 8



CUSIP NO.   137-409-108               13G/A                    Page 3 of 8 Pages

------------------ -------------------------------------------------------------
        1          NAME OF REPORTING PERSONS
                   S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

                            HUBERT GUEZ
------------------ -------------------------------------------------------------
        2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                         (a) [ ]

                                                                         (b) [X]
------------------ -------------------------------------------------------------
                   SEC USE ONLY

------------------ -------------------------------------------------------------
        4          CITIZENSHIP OR PLACE OF ORGANIZATION
                            FRANCE
------------------ --------- ---------------------------------------------------
     NUMBER           5      SOLE VOTING POWER
       OF                    0
     SHARES        --------- ---------------------------------------------------
  BENEFICIALLY        6      SHARED VOTING POWER
    OWNED BY                 2,425,461
                   --------- ---------------------------------------------------
    REPORTING         7      SOLE DISPOSITIVE POWER
     PERSON                  0
      WITH         --------- ---------------------------------------------------
                      8      SHARED DISPOSITIVE POWER
                             2,425,461
------------------ -------------------------------------------------------------
        9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                   2,425,461
------------------ -------------------------------------------------------------
       10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
                   SHARES*
                                                                             [ ]
------------------ -------------------------------------------------------------
       11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                   8.52%(1)
------------------ -------------------------------------------------------------
       12          TYPE OF REPORTING PERSON*
                   IN
------------------ -------------------------------------------------------------

(1)  Based on a total of 28,468,357  shares of the issuer's  Common Stock issued
     and outstanding as of April 28, 2005.


                                  Page 3 of 8



ITEM 1(a)      NAME OF ISSUER:

               Candie's, Inc. (the "Company")

ITEM 1(b)      ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

               400 Columbus Avenue
               Valhalla, New York 10595-1335

ITEM 2(a)      NAME OF PERSON FILING:

               This  statement  is filed on behalf of Sweet  Sportswear,  LLC, a
               California  limited  liability  company,   and  Hubert  Guez,  an
               individual. Hubert Guez is the Manager of Sweet Sportswear, LLC.

ITEM 2(b)      ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

               The principal  business office of Sweet  Sportswear,  LLC and the
               address  of  Hubert  Guez  is  5804 E.  Slauson  Ave.,  Commerce,
               California, 90040.

ITEM 2(c)      CITIZENSHIP:

               Sweet  Sportswear,  LLC, is a limited liability company organized
               under the laws of California. Hubert Guez is a citizen of France.

ITEM 2(d)      TITLE OF CLASS OF SECURITIES:

               Common Stock, par value $0.001 per share

ITEM 2(e)      CUSIP NUMBER:

               137-409-108

ITEM 3         IF  THIS  STATEMENT  IS  FILED  PURSUANT  TO  RULES  13D-1(b)  OR
               13D-2(b), CHECK WHETHER THE PERSON FILING IS A:

               Not Applicable

ITEM 4         OWNERSHIP:

               Included  in  rows  5  through  9  and  11  on  pages  2  and  3,
               respectively.  Sweet  Sportswear,  LLC  owns  directly  2,423,704
               shares of the Company's Common Stock.  Hubert Guez is the Manager
               of Sweet  Sportswear,  LLC and a  Co-Trustee  of the Guez  Living
               Trust, dated December 6, 1996 (the "Guez Trust"), which has a 50%
               membership interest in Sweet Sportswear, LLC. In such capacities,
               Mr. Guez may be deemed to have the power to dispose or direct the
               disposition of the shares held by Sweet Sportswear,  LLC, and may
               be deemed to have the power to vote or direct  


                                   Page 4 of 8



               the  voting  of  such  shares.  Mr.  Guez  disclaims   beneficial
               ownership of the  securities  reported by Sweet  Sportswear,  LLC
               except to the extent of his pecuniary interest therein.  The Guez
               Trust owns directly  1,757 shares of the Company's  Common Stock.
               As Co-Trustee  of the Guez Trust,  Mr. Guez may be deemed to have
               the power to dispose or direct the disposition of the shares held
               by the Guez Trust, and may be deemed to have the power to vote or
               direct the voting of such shares.

ITEM 5         OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

               Not Applicable

ITEM 6         OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

               Not Applicable

ITEM 7         IDENTIFICATION   AND   CLASSIFICATION  OF  THE  SUBSIDIARY  WHICH
               ACQUIRED THE  SECURITY  BEING  REPORTED ON BY THE PARENT  HOLDING
               COMPANY

               Not Applicable

ITEM 8         IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

               Not Applicable

ITEM 9         NOTICE OF DISSOLUTION OF GROUP

               Not Applicable

ITEM 10        CERTIFICATION

               By signing below, I certify that, to the best of my knowledge and
               belief,  the  securities  referred to above were not acquired and
               are not held for the purpose of or with the effect of changing or
               influencing  the control of the issuer of the securities and were
               not  acquired  and  are  not  held  in  connection  with  or as a
               participant in any transaction having that purpose or effect.


                                  Page 5 of 8



                                    SIGNATURE

         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.


                                              SWEET SPORTSWEAR, LLC

                                              May 20, 2005
                                              ----------------------------------
                                              Date

                                              /s/ Hubert Guez
                                              ----------------------------------
                                              Signature


                                              HUBERT GUEZ / MANAGER
                                              ----------------------------------
                                              Name/Title



                                              HUBERT GUEZ

                                              May 20, 2005
                                              ----------------------------------
                                              Date

                                              /s/ Hubert Guez
                                              ----------------------------------
                                              Signature


                                              HUBERT GUEZ
                                              ----------------------------------
                                              Name/Title


                                  Page 6 of 8



                                  EXHIBIT INDEX

1.       Joint Filing Agreement.


                                  Page 7 of 8



                                                                       EXHIBIT 1



                             JOINT FILING AGREEMENT

     In accordance with Rule  13d-1(k)(1)  under the Securities  Exchange Act of
1934, as amended, the persons named below agree to the joint filing of behalf of
each of them of the Schedule 13G (and any further  amendment filed by them) with
respect to the common stock of Candie's, Inc.


                                              /s/ Hubert Guez
                                              ----------------------------------
                                              Hubert Guez
                                              Date: May 20, 2005


                                              SWEET SPORTSWEAR, LLC


                                              /s/ Hubert Guez
                                              ----------------------------------
                                              By: Hubert Guez
                                              Title: Manager
                                              Date: May 20, 2005




                                  Page 8 of 8