<SUBMISSION>
<ACCESSION-NUMBER>0001140361-11-044570
<TYPE>3
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20110825
<FILING-DATE>20110902
<DATE-OF-FILING-DATE-CHANGE>20110902
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>HAMPSHIRE GROUP LTD
<CIK>0000887150
<ASSIGNED-SIC>2253
<IRS-NUMBER>060967107
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>1924 PEARMAN DAIRY ROAD
<STREET2>PO BOX 2667
<CITY>ANDERSON
<STATE>SC
<ZIP>29625
<PHONE>8642311200
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1924 PEARMAN DAIRY ROAD
<STREET2>PO BOX 2667
<CITY>ANDERSON
<STATE>SC
<ZIP>29625
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>BGY II, LLC
<CIK>0001529039
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>3
<ACT>34
<FILE-NUMBER>000-20201
<FILM-NUMBER>111073415
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>28632 ROADSIDE DRIVE
<STREET2>SUITE 200
<CITY>AGOURA HILLS
<STATE>CA
<ZIP>91301
<PHONE>818-878-3900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>28632 ROADSIDE DRIVE
<STREET2>SUITE 200
<CITY>AGOURA HILLS
<STATE>CA
<ZIP>91301
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0204</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2011-08-25</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000887150</issuerCik>
        <issuerName>HAMPSHIRE GROUP LTD</issuerName>
        <issuerTradingSymbol>HAMP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001529039</rptOwnerCik>
            <rptOwnerName>BGY II, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>28632 ROADSIDE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>AGOURA HILLS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91301</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Scott Rusczyk, Vice President</signatureName>
        <signatureDate>2011-09-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
