Ownership Submission
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 *
  Anchorage Advisors, LLC
2. Date of Event Requiring Statement (Month/Day/Year)
06/10/2008
3. Issuer Name and Ticker or Trading Symbol
GENESCO INC [GCO]
(Last)
(First)
(Middle)
610 BROADWAY, 6TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10012
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 1,875,566
I
See Footnotes (1) (2) (3)

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

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Anchorage Advisors, LLC
610 BROADWAY
6TH FLOOR
NEW YORK, NY 10012
    X    
Anchorage Capital Master Offshore, Ltd
610 BROADWAY
6TH FLOOR
NEW YORK, NY 10012
    X    
Davis Anthony Lynn
610 BROADWAY
6TH FLOOR
NEW YORK, NY 10012
    X    
Ulrich Kevin Michael
610 BROADWAY
6TH FLOOR
NEW YORK, NY 10012
    X    

Signatures

/s/ Kevin M. Ulrich, Director of Anchorage Capital Master Offshore, Ltd 06/20/2008
**Signature of Reporting Person Date

/s/ Anthony L. Davis, Managing Member of Anchorage Advisors, LLC 06/20/2008
**Signature of Reporting Person Date

/s/ Anthony L. Davis, Managing Member of Anchorage Advisors Management, LLC 06/20/2008
**Signature of Reporting Person Date

/s/ Anthony L. Davis 06/20/2008
**Signature of Reporting Person Date

/s/ Kevin M. Ulrich 06/20/2008
**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) These shares of the issuer's common stock, par value $1.00 per share ("Shares") are held for the account Anchorage Capital Master Offshore, Ltd., a Cayman Islands exempted company. Anchorage Advisors, LLC is the investment advisor to Anchorage Capital Master Offshore, Ltd. Anchorage Advisors Management, LLC is the managing member of Anchorage Advisors, LLC. Anthony L. Davis is the President of Anchorage Advisors, LLC and a managing member of Anchorage Advisors Management, LLC. Kevin M. Ulrich is the Chief Executive Officer of Anchorage Advisors, LLC and the other managing member of Anchorage Advisors Management, LLC.
(2) These Shares held for Anchorage Capital Master Offshore, Ltd. constitute approximately 9.78% of the total number of Shares outstanding. Reporting persons held approximately 11.21% (2,150,566 Shares of the issuer) as of June 10, 2008 (as per the information provided by the Issuer on its most recently filed quarterly report on Form 10-Q, there were 19,177,348 Shares outstanding).
(3) As a result, each of the reporting persons may be deemed to be a beneficial owner of the securities held by Anchorage Capital Master Offshore, Ltd. for purposes of Rule 16a-1(a)(1) under the Securities Exchange Act of 1934 (the "Exchange Act"). Mr. Davis, Mr. Ulrich and Anchorage Advisors LLC disclaim beneficial ownership within the meaning of Rule 16a-1(a)(2) under the Exchange Act in the securities owned by Anchorage Capital Master Offshore, Ltd. except to the extent, if any, of their pecuniary interest therein.

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