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TANDY BRANDS ACCESSORIES PURCHASES RIGHTS TO BARRY WELLS TRADENAME

 ARLINGTON, Texas, June 23 /PRNewswire/ -- Tandy Brands Accessories, Inc. (NASDAQ-NMS: TBAC) announced today the purchase of the rights to the Barry Wells tradename. Distinctively designed Barry Wells neckwear has been marketed for a number of years to premier retailers such as Neiman Marcus, Nordstrom, and Saks Fifth Avenue. In addition to his upscale collection, Wells will design exclusively for Tandy Brands Accessories, Inc., a moderately priced line for distribution through major department stores across the country.
 In conjunction with the acquisition of the Barry Wells name, Tandy Brands Accessories signed employment contracts with Barry Wells and Anthony Briggle, the current officers of Barry Wells Industries, Inc. J.S.B. Jenkins, president of Tandy Brands Accessories, Inc. stated, "I am very pleased with the decision of Mr. Wells and Mr. Briggle to join Tandy Brands Accessories and I am confident that the acquisition of the Barry Wells name will increase our market share in department and specialty stores."
 Tandy Brands Accessories, Inc. is a manufacturer and marketer of men's, women's and boys' accessories. The company's common stock is traded on the NASDAQ National Market System under the symbol TBAC.
 -0- 6/23/93
 /CONTACT: J.S.B. Jenkins, president and chief executive officer, of Tandy Brands Accessories, Inc., 817-548-0090/
 (TBAC)


CO: Tandy Brands Accessories, Inc.; Barry Wells Industries, Inc. ST: Texas IN: TEX SU:

SH -- NY025 -- 4912 06/23/93 10:01 EDT
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Publication:PR Newswire
Date:Jun 23, 1993
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