Tandy Brands Announces Wrangler Mass and Western/Specialty Belt Licenses

ARLINGTON, Texas--(Business Wire)--
Tandy Brands Accessories (Nasdaq: TBAC) announced today that VF Corporation and
the Chambers Belt Company have agreed to transfer both the Wrangler Mass and
Western/Specialty belt licenses from Chambers Belt Company to Tandy Brands. The
transfer became effective today upon Tandy`s acquisition of the Chambers name
and other strategic assets.

"We are very pleased to transfer the licenses for our Wrangler Mass business to
Tandy Brands," said Phillip Dunn, President of Wrangler Mass Division. "We are
confident that the new Tandy organization will not only ensure excellent service
and product quality, but given their relationship with key mass merchants, will
also help us to effectively grow the Wrangler business."

In addition to the Wrangler Mass belt license, Tandy Brands also gains the
Wrangler Western/Specialty belt license. This license gives Tandy the right to
market and distribute Wrangler products across a variety of accounts, ranging
from larger retailers such as Tractor Supply Company, Cabela`s and Academy
Sports to hundreds of specialty stores across the United States, Canada and
Mexico.

"We`re pleased to be able to transfer the license to Tandy Brands," said Phil
McAdams, President of the Wrangler Western/Specialty Division. "The new
Tandy/Chambers organization is well positioned to maximize the business."

"The Wrangler brand is an authentic lifestyle brand that is highly regarded by
both consumers and retailers," said Rod McGeachy, President and Chief Executive
Officer of Tandy Brands. "The Wrangler Mass and Specialty licenses will be
significant additions to our license portfolio and exemplify the high quality,
top-echelon brands with which we want to partner.

"We are very excited to work with the Wrangler brand. We expect these licenses
to be sizeable contributors to revenue growth this fiscal year and accretive to
earnings from day one," said Mr. McGeachy. "Moreover, when you couple these new
licenses with the other strategic assets we`re acquiring from Chambers, such as
the private label business, talented employees and Mexican manufacturing
capacity, it underscores how well positioned Tandy is for future growth."

About Tandy Brands Accessories, Inc.

Tandy Brands Accessories, Inc. designs and markets fashion accessories for men,
women and children. Key product categories include belts, wallets, handbags,
suspenders, gifts, sporting goods and eyewear. Merchandise is sold under various
national brand names as well as private labels to all major levels of retail
distribution, including the e-commerce web sites for Rolfs® at www.rolfs.net and
Sport Beads at www.sport-beads.com.

Safe Harbor Language

Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking statements
involve known and unknown risks and uncertainties, which may cause the Company's
actual results in future periods to differ materially from forecasted or
expected results. Those risks include, among other things, the competitive
environment in the industry in general and in the Company's specific market
areas, inflation, changes in costs of goods and services and economic conditions
in general and in the Company's specific market area. Those and other risks are
more fully described in the Company's filings with the Securities and Exchange
Commission.

Tandy Brands Accessories, Inc.
Rod McGeachy, 817-548-0090
Chief Executive Officer
or
Investor Relations
Beacon Street Group
Kenneth E. Pieper, 972-618-6924

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