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Exhibit 21
Subsidiaries of Rocky Brands, Inc. as of March 10, 2023
Five Star Enterprises Ltd.,
a Cayman Islands corporation
Lifestyle Footwear, Inc.,
a Delaware corporation
Rocky Brands Canada, Inc.,
a Nova Scotia corporation
Rocky Brands US, LLC,
a Delaware limited liability company
Rocky Brands International, LLC
an Ohio limited liability company
Lehigh Outfitters, LLC,
a Delaware limited liability company
US Footwear Holdings, LLC
a Delaware limited liability company
Rocky Outdoor Gear Store, LLC
an Ohio limited liability company
Rocky Brands (Australia) Pty Ltd.
an Australian limited liability company
Mexico FW Holdings, S. de R.L. de C.V.
a Mexico private limited liability company
Rocky Footwear (Chuzhou) Co. Ltd.
a China private limited liability company
UK Footwear Holdings Limited
a UK private limited company