What a sheep show.

After fashion biz big “Stone Cold” Steven Kolb tackled anti-wool activists at the Cos show, the retailer is playing Shear-lock Holmes.

A rep for the line’s parent company H&M tells Page Six, “The incident at the show should have been prevented from escalating and that is why we are investigating what happened with the teams involved.”

On Monday, normally mild-mannered CFDA head Kolb was suspended from the powerful trade association after he wrestled one PETA protester to the ground and tried to hold his hand over the mouth of another as they chanted slogans decrying the wool industry during the fast fashion line’s New York Fashion Week show on Sunday.

In the video, managing director of the brand, Daniel Herrmann, can be seen sitting next to Kolb and grabbing a female protesters arm as the industry honcho wraps his arms and legs around her in a bizarre attempt to let the show go on uninterrupted.

When we asked about Herrmann’s role in the incident, Cos said, “We respect everyone’s right to express their views and believe everyone should be treated with care and respect.” It also said, “Animal welfare is very important to us, and we agree with PETA that no animals should be harmed to make fashion.”

“From that common view, the incident at the show should have been prevented from escalating and that is why we are investigating what happened with the teams involved. We are deeply sorry for what our guests, participants, and viewers of the show experienced,” it said.

Page Six reported on Monday that fashion insiders who know Kolb don’t want to see him put out to pasture permanently.

“I actually think that he might have overreacted, but really he was — as the president of the CFDA — he thought he was protecting one of the designers,” designer Dennis Basso told us.

“I think it’s a case where it was bad judgment on the protester’s part. This protesting to me is in an unorderly manner, is incorrect and inappropriate, and then you have to deal with it. I’m sure that he’s sorry for the way he reacted.”

We have heard that famously loyal Vogue editrix Anna Wintour, currently under fire for the John Galliano Met Gala mess, is likely to back him.

“It’s so out of character for Steven,” another told us. “It’s so not who he is.”

Stan Herman, the designer and a CFDA board member, told WWD this week, “Some people are more perturbed than others. He’s done a very good job for 20 years, and to wipe away 20 years is an unfortunate situation.” 

Diane von Furstenberg, the former chairwoman of the CFDA, told the pub, “I think it’s so sad. Steven is completely vegan. He won’t put a fish on his plate. He fought with the board so that we’d have no fur on the catwalk. This is just unfortunate. He wanted to defend the brand. I’m not excusing him. The first thing I said is, ‘you have to apologize.’ But it hurts me.”

PETA previously said it was going to file a police report.

The animal rights organization said on its Instagram that it has asked for a meeting with Kolb to “watch footage from our 17 wool industry exposés that document the abuse sheep endure.”

Kolb issued a statement on Instagram saying, “I reacted inappropriately to an incident at a show earlier today. It wasn’t my place to do so. I should have let the security team handle the situation.”

The CFDA said it is “committed to working with dissenting voices to find commonality and is engaged in efforts to move the American fashion industry forward while upholding the values of our membership, including respectful engagement with differing viewpoints.”