On May 28, 2009, dELiA*s, Inc. (the "Company") and certain of its wholly-owned subsidiaries (the "Subsidiaries") entered into a Fourth Amendment (the "Fourth Amendment") to the Second Amended and Restated Loan and Security Agreement (as amended, the "Credit Facility") with Wells Fargo Retail Finance II, LLC, extending the maturity date of the Credit Facility until June 10, 2009.

The foregoing description of the Fourth Amendment is qualified in its entirety by reference to the text of the Fourth Amendment, a copy of which is being filed as Exhibit 10.01 to this Form 8-K.

(d) Exhibits.

Exhibit No.      Description

10.01            Fourth Amendment to Second Amended and Restated Loan and Security
                 Agreement dated May 28, 2009 among dELiA*s, Inc., certain of its
                 subsidiaries, and Wells Fargo Retail Finance II, LLC.