Exhibit 99.1


                               SECOND AMENDMENT TO
                              EMPLOYMENT AGREEMENT

      SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (the "SECOND AMENDMENT") made on
this 22nd day of May, 2007, by and between Everlast Worldwide Inc., a Delaware
corporation, with its principal place of business located at 1350 Broadway,
Suite 2300, New York, New York 10018 ("Employer"), and Seth A. Horowitz
("Employee") residing at 27 West 72nd Street #1405, New York, New York 10023.

      WHEREAS, Employer and Employee entered into an Employment Agreement, dated
November 28, 2005, as amended by the First Amendment to Employment Agreement
dated April 26, 2007 (collectively, the "Agreement"); and

      WHEREAS, Employer and Employee wish to amend the terms of the Agreement to
make clear that the Agreement complies with the current tax regulations
applicable to the Agreement, and to provide for other changes of clarification,
as hereinafter provided,

      NOW, THEREFORE, in consideration of the promises and mutual covenants
hereinafter contained, the parties hereto agree as follows:

      1. DEFINED TERMS. All capitalized terms contained in this Second Amendment
shall, for the purposes hereof, have the same meaning ascribed to them in the
Agreement unless the context hereof clearly provides otherwise.

      2. CHANGE IN CONTROL. Section 10 of the Agreement is hereby amended as
follows:

            (a) The first paragraph of Section 10, Change in Control, shall be
deleted, in its entirety and the following provision shall be inserted in its
place and stead:

                  "(a) For the purposes of this Agreement, the term "Change in
Control" shall be deemed to have occurred as of the first day that any one or
more of the following conditions is satisfied: (i) Any person is or becomes the
"beneficial owner" (as that term is defined in Rule 13d-3 under the Exchange
Act), directly or indirectly, of securities of the Company representing 50% or
more of the combined voting power of the Company's then outstanding securities;
(ii) any one of the following occur: (A) any merger or consolidation of the
Company, other than a merger or consolidation in which the voting securities of
the Company immediately prior to the merger or consolidation continue to
represent (either by remaining outstanding or being converted into securities of
the surviving entity) 20% or more of the combined voting power of the Company or
surviving entity immediately after the merger or consolidation with another
entity; (B) any sale, exchange, lease, mortgage, pledge, transfer, or other
disposition (in a single transaction or a series of related transactions) of all
or substantially all of the assets or earning power of the Company on a
consolidated basis; (C) any complete liquidation or dissolution of the Company;
(D) any reorganization, reverse stock split or recapitalization of the Company
that would result in a Change in Control as otherwise defined herein; or (E) any



transaction or series of related transactions having, directly or indirectly,
the same effect as any of the foregoing; or (iii) individuals who, during any
period of 12 consecutive months, are members of the Board of Directors of the
Company at the beginning of such period (the "Existing Directors"), cease, for
any reason, to constitute a majority of the number of the directors of the
Company as determined in the manner prescribed in the Company's Certificate of
Incorporation and Bylaws; provided, however, that if the election or nomination
for election, by the Company's stockholders, of any new director was approved by
a vote of at least 50% of the Existing Directors, such new director shall be
considered an Existing Director; provided further, however, that no individual
shall be considered an Existing Director if such individual initially assumed
office as a result of either an actual or threatened "Election Contest" (as
described in Rule 14a-11 promulgated under the Exchange Act) or other actual or
threatened solicitation of proxies by or on behalf of anyone other than the
Board of Directors (a "Proxy Contest"), including by reason of any agreement
intended to avoid or settle any Election Contest or Proxy Contest, then and in
that event the Employee shall be entitled to and paid the following benefits
upon the subsequent termination of his employment during the term of this
agreement and in addition to the compensation and benefits otherwise set forth
herein."

      3. CONFLICTING PROVISIONS. In the event of any conflict or inconsistency
between the provisions of this Second Amendment and those contained in the
Agreement, the provisions of this Second Amendment shall govern and control and
be binding upon the parties hereto.

      4. MISCELLANEOUS PROVISIONS. (a) Except as modified by this Second
Amendment, the Agreement and all executory covenants, agreements, terms and
conditions thereof shall remain in full force and effect and are hereby in all
respects ratified and confirmed.

            (b) The covenants, agreements, terms and conditions contained in
this Second Amendment shall bind and inure to the benefit of the parties hereto
and, except as may otherwise be provided in the Agreement, as hereby modified
and supplemented, their respective legal successors and assigns.

            (c) This Second Amendment may not be changed orally but only by a
writing signed by both parties hereto.


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      IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment
on the day and year first above written.

                                       EVERLAST WORLDWIDE INC.

                                       By: /s/ James K. Anderson
                                           -------------------------------------
                                           Name:  James K. Anderson
                                           Title: Vice Chairman of the
                                                  Board of Directors


                                       /s/ Seth A. Horowitz
                                       -----------------------------------------
                                       Seth A. Horowitz


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