1 EXHIBIT 10.1(b) [ELLEN TRACY LETTERHEAD] February 27th, 1998 Mr. Barry Tartarkin Ridgeview Inc. 1489 West Palmetto Park Road Suite 410 Boca Raton, Florida 33486 Dear Barry, This letter confirms our intention to renew the Ellen Tracy license for the next three years, through December 31st, 2000. At the present time a contract is being drafted, and Ridgeview is authorized to sell Ellen Tracy women's legwear under conditions of our previous agreement. If there are any questions please contact me. Sincerely, /s/ Howard Rosenberger Howard Rosenberger Executive Vice President