Exhibit 12.1

REEBOK INTERNATIONAL LTD.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

	Three Months Ended				Fiscal Year Ended
	March 31, 2003		March 31, 2004		Dec. 31, 1999		Dec. 31, 2000		Dec. 31, 2001		Dec. 31, 2002		Dec. 31, 2003
Earnings
Pretax Income	$	59,489	$	60,201	$	21,138	$	129,878	$	151,026	$	192,098	$	229,373
Add:
Interest on indebtedness		6,518		6,167		49,691		38,271		30,982		23,848		25,590
Amortization of debt discount and issuance costs		77		73		344		231		393		441		447
Portions of rent representative of the interest factor		4,861		3,769		15,395		15,821		18,480		19,393		19,443
Income as adjusted	$	70,945	$	70,210	$	86,568	$	184,201	$	200,881	$	235,780	$	274,853
Fixed Charges
Interest on indebtedness	$	6,518	$	6,167	$	49,691	$	38,271	$	30,982	$	23,848	$	25,590
Amortization of debt discount and issuance costs		77		73		344		231		393		441		447
Portions of rent representative of the interest factor		4,861		3,769		15,395		15,821		18,480		19,393		19,443
Fixed Charges	$	11,456	$	10,009	$	65,430	$	54,323	$	49,855	$	43,682	$	45,480
Ratio of earnings to fixed charges		6.19		7.01		1.32		3.39		4.03		5.40		6.04