EXHIBIT 21.1

LIST OF THE SUBSIDIARIES OF THE COMPANY

• The Leather Factory, Inc., a Nevada corporation

• The Leather Factory of Nevada Investments, Inc., a Nevada corporation

• The Leather Factory, LP, a Texas limited partnership

• The Leather Factory, Inc., an Arizona corporation

• Hi-Line Leather & Manufacturing Company, a California corporation

• Roberts, Cushman & Company, Inc., a New York corporation

• The Leather Factory of Canada Ltd., an Ontario domiciled Canadian corporation

• Tandy Leather Company, Inc., a Nevada corporation

• Tandy Leather Company Investments, Inc. a Nevada corporation

• Tandy Leather Company, LP, a Texas limited partnership

• Tandy Leather Factory Australia Pty Ltd, an Australian proprietary company

• Tandy Leather Factory Espana, S.L., a Spanish limited liability company

• Tandy Leather Factory UK Limited, a United Kingdom limited liability company