EXHIBIT 21 SUBSIDIARIES OF THE REGISTRANT Jurisdiction of Percentage Name Incorporation Ownership - ------------------------------------ --------------- ---------- Hyde, Inc. Maine 100% Saucony Canada, Inc.(1) Ontario 95% Saucony UK, Inc.(1) Massachusetts 100% Saucony Sports, B.V.(1) Netherlands 100% Saucony Deutschland Vertriebs GmbH(1) Germany 100% QR Divestiture, Inc.(2) Delaware 100% Saucony Asia Pacific Limited Hong Kong 100% ______________________ (1)Does business as "Saucony." (2)Formerly known as Quintana Roo, Inc.