Exhibit 99.1
For Further Information:

Big Dog Holdings, Inc.
121 Gray Avenue
Santa Barbara, California 93101
www.bigdogs.com

CONTACT:
Andrew Feshbach
(805) 963-8727


                    THE WALKING COMPANY TO ACQUIRE FOOTWORKS

Santa Barbara, CA, May 23, 2005: Big Dog Holdings, Inc. (NASDAQ: BDOG;
www.bigdogs.com, www.thewalkingcompany.com) today announced that its subsidiary
The Walking Company ("TWC") has signed a definitive agreement to purchase the
assets of Footworks, a division of the privately held shoe retailer Bianca of
Nevada, Inc., for approximately $10 million. TWC is the leading specialty
retailer of high-quality, technically designed comfort shoes and accessories.

Footworks operates a chain of 8 retail stores selling comfort shoes and
accessories. Footworks' operations are focused on high-visibility stores in
Las Vegas, Nevada. The purchase is subject to standard contractual
contingencies and is expected to close within 45 days. Following closing, TWC
will largely convert the stores to "The Walking Company" stores.

Commenting on the announcement, Andrew Feshbach, Chief Executive Officer of Big
Dogs, said: "This is part of our plan to expand the operations of The Walking
Company. The acquisition of Footworks is a strong start to that through the
acquisition of these high-profile locations."

Big Dog Holdings, Inc. consists of Big Dogs and The Walking Company. Big Dogs
develops, markets and retails a branded, lifestyle collection of unique,
high-quality, popular-priced consumer products, including activewear, casual
sportswear, accessories and gifts. The BIG DOGS(R) brand image is one of
quality, value and fun. The BIG DOGS(R) brand is designed to appeal to people
of all ages and demographics, particularly baby boomers and their kids, big and
tall customers, and pet owners. In addition to its approximately 180 retail
stores, Big Dogs markets its products through its catalog, internet and
corporate sales accounts. The Walking Company is a leading independent
specialty retailer of high quality, technically designed comfort shoes and
accessories that features premium brands such as ECCO, Mephisto, Dansko,
Birkenstock and Merrell among many others. These products have particular appeal
to one of the largest and most rapidly growing demographics in the nation. The
Walking Company operates 74 stores in premium malls across the nation.

Statements contained herein that relate to the Company's future performance,
including the satisfaction of contingencies and closing of the acquisition, are
forward-looking statements within the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such statements are based on current
expectations only, and are subject to certain risks, uncertainties and
assumptions. Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, estimated or projected. Other factors
affecting the Company's operations, markets, products, services and prices as
are set forth in its 2004 Annual Report on Form 10-K, including those described
under "Forward-Looking Statements and Risk Factors." The Company undertakes no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.