<SUBMISSION>
<ACCESSION-NUMBER>0001059272-06-000088
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20060911
<FILING-DATE>20060913
<DATE-OF-FILING-DATE-CHANGE>20060913
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>BEBE STORES INC
<CIK>0001059272
<ASSIGNED-SIC>2330
<IRS-NUMBER>942450490
<STATE-OF-INCORPORATION>CA
<FISCAL-YEAR-END>0702
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>400 VALLEY DR
<CITY>BRISBANE
<STATE>CA
<ZIP>94005
<PHONE>4157153900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>400 VALLEY DR
<CITY>BRISBANE
<STATE>CA
<ZIP>94005
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>BABE INC
<DATE-CHANGED>19980407
</FORMER-COMPANY>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>PETERSON SUSAN
<CIK>0001279255
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-24395
<FILM-NUMBER>061089540
</FILING-VALUES>
<BUSINESS-ADDRESS>
<PHONE>8189812163
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>15417 LONGVIEW DR
<CITY>SHERMAN OAKS
<STATE>CA
<ZIP>91403
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgardoc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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            <rptOwnerStreet2></rptOwnerStreet2>
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            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94005-1208</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>VP Design</officerTitle>
        </reportingOwnerRelationship>
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    <derivativeTable>
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    </derivativeTable>

    <footnotes>
        <footnote id="F1">Transaction executed as a part of a pre-arranged stock trading plan adopted in accordance with the requirements of Rule 10b5-1 of the Securities and Exchange Act of 1934.</footnote>
        <footnote id="F2">The Option becomes exercisable at the rate of 20% in the first year, 20% in the second year and 30% in each of the third and fourth years.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Susan Peterson</signatureName>
        <signatureDate>2006-09-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
