FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Haran James 2. Date of Event Requiring Statement (Month/Day/Year) 05/01/2007 3. Issuer Name and Ticker or Trading Symbol NexCen Brands, Inc. [NEXC] (Last) (First) (Middle) 9A NASSAU STREET 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, M&A and Operations 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) MASSAPEQUA, NY 11758 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 253,749 (1) (2) D   Common Stock 91,350 (1) (3) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	  (4)	06/05/2016	Common Stock	581,788	$ 4.1	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Haran James 9A NASSAU STREET MASSAPEQUA, NY 11758	Â	Â	  EVP, M&A and Operations	Â

Signatures

/s/ James Haran		05/03/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Received in exchange for 659,000 Class B Non-Voting common stock of UCC Capital Corp. ("Capital") and 11.11 shares of common stock of UCC Consulting Corp. ("Consulting," and with Capital, "UCC") in connection with the closing of the merger of Capital and Consulting into a wholly owned subsidiary of NexCen Brands, Inc. (the "Merger") pursuant to the terms of a merger agreement dated June 6, 2006 (the "Merger Agreement").
(2)	The reporting person acquired these shares on June 6, 2006, as consideration in the Merger. The Merger Agreement provides that the former securityholders of UCC will receive up to an additional 1,600,000 shares of NexCen Brands, Inc. common stock in two tranches based upon certain performance targets set forth in the Merger Agreement. The reporting person?s right to receive his pro rata share of the additional shares pursuant to the earn-out right became fixed and irrevocable on June 6, 2006, the effective date of the Merger.
(3)	These shares were issued on June 6, 2006, at the closing of the Merger. Until and unless earned, the shares are being held in escrow and are subject to forfeiture if the performance targets are not met within the earn-out period.
(4)	The stock options will vest and become exercisable in equal amounts on the first, second and third anniversaries of the grant date (June 6, 2006), provided that the reporting person is then employed by NexCen Brands, Inc. on each vesting date and the vesting is not otherwise accelerated pursuant to the terms thereof.

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