

                                   EXHIBIT 21

                              LIST OF SUBSIDIARIES


Name of Subsidiary                             Jurisdiction of Incorporation
------------------                             -----------------------------
Europe Craft Imports, Inc.                     New Jersey

ECI Sportswear, Inc.                           New York

XOXO Clothing Company, Incorporated            Delaware


All other  subsidiaries  of the  Registrant,  considered  in the  aggregate as a
single subsidiary,  do not constitute a significant  subsidiary as of the end of
the year covered by this Annual Report,  and,  therefore,  their names have been
omitted.

