<SUBMISSION>
<ACCESSION-NUMBER>0001181431-04-054873
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20041122
<FILING-DATE>20041124
<DATE-OF-FILING-DATE-CHANGE>20041124
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>K SWISS INC
<CIK>0000862480
<ASSIGNED-SIC>3140
<IRS-NUMBER>954265988
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>31248 OAK CREST DRIVE
<CITY>WESTLAKE VILLAGE
<STATE>CA
<ZIP>91361
<PHONE>8187065100
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>31248 OAK CREST DR
<CITY>WESTLAKE VILLAGE
<STATE>CA
<ZIP>91361
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>NICHOLS STEVEN B
<CIK>0000903412
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-18490
<FILM-NUMBER>041165665
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>20664 BAHAMA STREET
<CITY>CHATSWORTH
<STATE>CA
<ZIP>91311
<PHONE>8189983388
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>20664 BAHAMA STREET
<CITY>CJATSWORTH
<STATE>CA
<ZIP>91311
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd59084.xml
<DESCRIPTION>NICHOLS 11/22/04 CONVERSION AND SALE
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-11-22</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
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        <issuerTradingSymbol>KSWS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
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            <rptOwnerName>NICHOLS STEVEN B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
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            <rptOwnerStreet2>31248 OAK CREST DR</rptOwnerStreet2>
            <rptOwnerCity>WESTLAKE VILLAGE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91361</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President &amp; CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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            <deemedExecutionDate>
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                <transactionPricePerShare>
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                    <value>D</value>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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            <exerciseDate>
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            <ownershipNature>
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                    <value>I</value>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The shares are owned by the Nichols Family Trust.  Steven Nichols is co-trustee of the Nichols Family Trust and exercises sole power to vote and dispose of shares held by the Nichols Family Trust.</footnote>
        <footnote id="F2">Shares of Class B Common Stock are not registered under Section 12 of the Securities Exchange Act.  The conversion of shares of Class B Common Stock into shares of Class A Common Stock is exempt from Section 16(b) of the Act under Rule 16b-6(b) promulgated thereunder.  These Class B shares are convertible at any time and they do not expire.  119,706 of the shares of Class B Common Stock were converted to shares of Class A Common Stock on the above date.</footnote>
        <footnote id="F3">The amount of derivitive securities beneficially owned at the above date is 7,793,562 shares of Class B Common Stock.  The shares of Class B Common Stock are held as follows: 63,232 shares are held by Steven Nichols as trustee of a trust for the benefit of a related individual and 7,730,330 shares are owned by the Nichols Family Trust.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Steven Nichols</signatureName>
        <signatureDate>2004-11-24</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
