Exhibit 21
Subsidiaries of Rocky Brands, Inc. as of March 06, 2020
Five Star Enterprises Ltd.,
a Cayman Islands corporation
Lifestyle Footwear, Inc.,
a Delaware corporation
Rocky Brands Canada, Inc.,
a Nova Scotia corporation
Rocky Brands US, LLC,
a Delaware limited liability company
Rocky Brands International, LLC
an Ohio limited liability company
Lehigh Outfitters, LLC,
a Delaware limited liability company
Rocky Outdoor Gear Store, LLC
an Ohio limited liability company