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                                                                 EXHIBIT 10.40-E

                        AMENDMENT NO. 5 TO LOAN DOCUMENTS


                                                                December 3, 1998


Foothill Capital Corporation
11111 Santa Monica Boulevard
Suite 1500
Los Angeles, California 90025

Ladies and Gentlemen:

     Foothill Capital Corporation ("Foothill") and KPR Sports International,
Inc. ("KPR") and RYKA INC. ("RYKA"; and together with KPR, individually,
"Borrower" and collectively, "Borrowers") have entered into certain financing
arrangements pursuant to the Amended and Restated Loan and Security Agreement
dated as of December 15, 1997 by and among Foothill and Borrowers, as amended by
Consent, Amendment No. 1 to Loan Documents and Subordination Agreement, dated as
of January 28, 1998, Amendment No. 1 to Amended and Restated Loan and Security
Agreement, dated as of February 20, 1998, Consent, Amendment No. 2 to Loan
Documents and Waiver as to Certain Events of Default, dated March 25, 1998,
Consent and Amendment No. 3 to Loan Documents, dated as of May 12, 1998, and
Amendment No. 4 to Loan Documents and Waiver, executed on or about July 21, 1998
(as so amended, the "Loan Agreement") and all agreements, documents and
instruments at any time executed and/or delivered in connection therewith or
related thereto, including, without limitation, the Continuing Limited Guaranty,
dated as of December 15, 1997, executed and delivered by Michael Rubin in favor
of Foothill in respect of the Obligations of Borrowers to Foothill (the "Rubin
Guaranty") and the Rubin Subordination Agreement (as defined in the Loan
Agreement. All capitalized terms used herein shall have the meaning assigned
thereto in the Loan Agreement, unless otherwise defined herein.

     Borrowers have requested that Foothill (a) make certain Advances to
Borrowers, for a limited period of time, in excess of the Borrowing Base, and
(b) amend certain other provisions of the Loan Agreement, and Foothill is
willing to agree to the foregoing, on and subject to the terms and conditions
contained in this Amendment No. 5 to Loan Documents (this "Amendment").

     In consideration of the foregoing and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged by
the parties hereto, the parties hereto hereby agree as follows:
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     1.   Definitions.

     (a) Additional Definitions. As used herein, the following terms shall have
the respective meanings given to them below and the Loan Agreement shall be
deemed and is hereby amended to include, in addition and not in limitation, each
of the following definitions:

          (i) "Overadvance Limit" shall mean (A) $3,000,000 for the period from
     and after the effective date of this Amendment through and including March
     5, 1999, (B) $2,250,000 commencing with the opening of business on Monday,
     March 8, 1999, through and including March 12, 1999, (C) $1,500,000 on the
     opening of business on Monday, March 19, 1998 through and including March
     23, 1999 (D) $750,000 on the opening of business on Monday, March 26, 1999,
     through and including March 30, 1999 and (E) zero on the opening of
     business on Monday, April 2, 1999, and at all times thereafter.

          (ii) "Overadvances" shall mean the Advances hereafter made by Foothill
     to or for the benefit of each Borrower on a revolving basis (consisting of
     advances, repayments and readvances) as set forth in Section 2 hereof.

          (iii) "Overadvances Termination Date" shall mean March 30, 1999.

     (b) Amendment to Definition. All references to the term "Advances" in the
Loan Agreement shall be deemed and each such reference is hereby amended to
include, in addition and not in limitation, the Overadvances.

     2.   Overadvances.

     (a) Making of Overadvances. In addition to the Advances which may be made
by Foothill to each Borrower pursuant to Section 2.1 of the Loan Agreement, upon
the request of a Borrower, made at any time and from time to time prior to the
Overadvance Termination Date, subject to the terms and conditions contained
herein, in the Loan Agreement and in the other Loan Documents, Foothill shall
make Overadvances to such Borrower in amounts in excess of the amounts otherwise
available to such Borrower under Section 2.1 of the Loan Agreement (as
calculated by Foothill, and subject to the sublimits provided for in the Loan
Agreement and reserves established by Foothill, if any, pursuant to Section
2.1(b) of the Loan Agreement) up to the aggregate amount for both Borrowers not
to exceed the Overadvance Limit as then in effect.

     (b) Payments on Overadvance Limit Reduction Dates. Without limiting any of
the rights of Foothill pursuant to Section 2(d) below or otherwise, on each date
when any reduction to the Overadvance Limit becomes effective, Borrowers agree
absolutely and unconditionally to automatically and without demand make a
payment


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to Foothill in respect of the Overadvances in an amount equal to the excess, if
any, of the aggregate unpaid principal amount of the Overadvances (including,
without limitation, any Letters of Credit issued as part of the Overadvances)
over the amount of Overadvance Limit as so reduced.

     (c) Overadvance Limit; Collateral. Except in Foothill's discretion,
Borrowers shall have no right to receive, and Foothill shall not make, any
Overadvances in excess of the Overadvance Limit as then in effect or at any time
after the Overadvance Termination Date. The Overadvances shall be secured by all
Collateral.

     (d) Payment in Full on Overadvance Termination Date. Unless sooner demanded
by Foothill in accordance with the terms of the Loan Agreement or the other Loan
Documents, or otherwise due as provided above, all outstanding and unpaid
Obligations arising pursuant to the Overadvances (including, but not limited to,
principal, interest, fees, costs, expenses and other charges in respect thereof
payable by Borrowers to Foothill) shall automatically, without notice or demand,
be absolutely and unconditionally due and payable and Borrowers shall pay to
Foothill in cash or other immediately available funds all such Obligations on
the Overadvance Termination Date.

     (e) Additional Event of Default. Each Borrower acknowledges and agrees
that, notwithstanding anything to the contrary contained in the Loan Agreement
or the other Financing Agreements, the failure of Borrowers to pay such
Obligations arising pursuant to the Overadvances in accordance with the terms of
Sections 2(b) and 2(d) above shall constitute an Event of Default.

     (f) Letters of Credit. In the event that any Letters of Credit shall have
been issued pursuant hereto which are permitted to be issued only as part of the
Overadvances, then all such Letters of Credit shall have expired or been drawn
upon in full no later than the Overadvance Termination Date. In the event that,
at the close of business on the Overadvance Termination Date, the aggregate
amount of Advances under Section 2.1(a) of the Loan Agreement would exceed the
amount permitted to be outstanding thereunder as to a Borrower, as a result of
any outstanding Letters of Credit issued for the account of such Borrower as
part of the Overadvances, then, not later than the close of business on such
day, such Borrower shall repay that portion of the Overadvances in an amount
equal to the aggregate amount of such excess amount.

     (g) Amendment of Rubin Subordination Agreement. Notwithstanding anything to
the contrary contained in the Loan Agreement or in the Rubin Subordination
Agreement, from and after the effective date of this Amendment through and
including the Overadvance Termination Date and until such time as all
Obligations of Borrowers under and in respect of the Overadvances have been paid
in full (such date, the "Overadvances Payment Date"), (i) KPR

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shall not make any payments of principal whatsoever in respect of the Junior
Debt (as defined in the Rubin Subordination Agreement) otherwise permitted
pursuant to the Rubin Subordination Agreement to be made by KPR to Rubin during
such period (collectively, the "Suspended Permitted Payments") and (ii) KPR may
make and Rubin may receive the Suspended Permitted Payments at any time after
the Overadvances Payment Date and prior to April 30, 1999.

     (h) Elimination of Second Seasonal Supplemental Credit Period.
Notwithstanding anything to the contrary contained in the Loan Agreement or any
of the other Loan Documents, during the period from and after the effective date
of this Amendment through and including the Overadvances Payment Date, (i) the
Borrowing Base as to each Borrower shall not include the Seasonal Supplemental
Credit, and (ii) Borrowers shall have no right to receive, and Foothill shall
have no obligation to make, Advances to Borrowers in respect of the Seasonal
Supplemental Credit.

     (i) Weekly Operating Reports. In addition to, and not in limitation of, the
reports and other documents that Borrowers are required to deliver to Foothill
pursuant to Sections 6.2 and 6.3 of the Loan Agreement, during the period
commencing on the effective date of this Amendment through and including the
Overadvance Termination Date, Borrowers shall deliver to Foothill on a weekly
basis during such period, no later than Wednesday of each week, a Weekly
Operating Report for Borrowers, including a report as to then outstanding
customer orders and sales backlog, in form and substance satisfactory to
Foothill.

     3. Rubin Guaranty of Overadvances. By his signature hereinbelow, Rubin
hereby acknowledges, confirms and agrees with and in favor of Foothill that:

     (a) Notwithstanding anything to the contrary contained in the Rubin
Guaranty, the (i) Guaranteed Obligations (as defined in the Rubin Guaranty)
include, without limitation, all obligations and indebtedness of the Borrowers
to Foothill arising under and in respect of the Overadvances, and in accordance
with the Rubin Guaranty, Rubin irrevocably and unconditionally guarantees to
Foothill the full, final and indefeasible payment of, without limitation, all of
the Overadvances, (ii) each reference in the Rubin Guaranty to Guaranteed
Obligations is hereby amended to mean and include in addition, and not in
limitation, the Overadvances, and (iii) the Overadvances shall be secured by all
of the Real Property Collateral;

     (b) Section 2(b) of the Rubin Guaranty is hereby amended and restated in
its entirety as follows:

          "(b) Notwithstanding anything to the contrary contained
          in this Guaranty, the liability of Guarantor hereunder
          for the Guaranteed


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          Obligations shall not exceed an amount equal to the
          unpaid principal balance of either the Overadvances or
          the Seasonal Supplemental Credit (as such terms are
          defined in the Loan Agreement) outstanding at any time
          Foothill seeks to exercise its rights hereunder, plus
          interest thereon, and all fees, costs and charges
          related thereto."

     (c) Section 2(c)(ii) of the Rubin Guaranty is hereby amended and restated
in its entirety as follows:

          "(ii) Foothill shall have received indefeasible payment
          in full, in immediately available funds, of all
          Overadvances and of all amounts outstanding under the
          Seasonal Supplemental Credit (including in the case of
          both the Overadvances and the Seasonal Supplemental
          Credit, all principal, interest, unreimbursed amounts
          in respect of Letter of Credit drawings, fees, costs
          and other charges) and all Letters of Credit which were
          issued or outstanding as part of the Overadvances or
          under a Seasonal Supplemental Credit shall have expired
          or been terminated;"

     4. Amendment to Account Concentration Limit. (a) Solely during the period
commencing as the effective date of this Amendment through and including
December 15, 1998, Subsection (h) of the definition of Eligible Accounts set
forth in Section 1.1 of the Loan Agreement shall be amended with respect to Just
For Feet, Inc. by deleting the reference to "35%" set forth opposite such
Account Debtor and substituting "45%" therefor; (b) solely during the period
commencing December 16, 1998 through and including December 31, 1998, such
percentage limit set forth opposite Just For Feet, Inc. shall again be "35%";
and (c) from and after January 1, 1999, such percentage limit set forth opposite
Just for Feet, Inc. shall be "25%"; provided, however, that in the event that
(i) Foothill receives on or before December 31, 1998 a written non-offset
agreement executed and delivered in favor of Foothill by Just for Feet, Inc., in
form and substance satisfactory to Foothill, pursuant to which, among other
things, such Account Debtor agrees that it will at all times from and after
January 1, 1999 pay and remit to Foothill (as assignee of and secured party with
respect to all Accounts at any time owing by such Account Debtor to either
Borrower) the amount of each invoice evidencing each such Account, in accordance
with its terms, without asserting against Foothill any offset, claim,
counterclaim or deduction which such Account Debtor may have against either
Borrower, and (ii) Foothill acknowledges in writing that such non-offset letter
is in fact satisfactory to Foothill, then such percentage limit set forth

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opposite Just For Feet, Inc. shall be "35%" from and after January 1, 1999.

     5. Amendment Fee. In consideration of the amendments set forth herein,
including, without limitation, Foothill's agreement to make Overadvances to
Borrowers as set forth in this Amendment, Borrowers shall on the date hereof pay
to Foothill or Foothill, at its option, may charge the account(s) of Borrowers
maintained by Foothill, an amendment fee in the amount of $30,000, which fee is
fully earned as of the date hereof and shall constitute part of the Obligations.

     6. Representations, Warranties and Covenants. In addition to the continuing
representations, warranties and covenants heretofore or hereafter made by
Borrowers to Foothill pursuant to the Loan Agreement and the other Loan
Documents, each Borrower and Rubin hereby represents, warrants and covenants
with and to Foothill as follows (which representations, warranties and covenants
are continuing and shall survive the execution and delivery hereof and shall be
incorporated into and made a part of the Financing Agreements):

     (a) No Event of Default exists on the date of this Amendment (after giving
effect to the amendments to the Loan Agreement); and

     (b) This Amendment has been duly executed and delivered by each Borrower
and each Guarantor and is in full force and effect as of the date hereof, and
the agreements and obligations of Borrower(s) and Rubin contained herein
constitute their legal, valid and binding obligations enforceable against them
in accordance with their respective terms.

     7. Conditions Precedent. The effectiveness of the amendments contained
herein shall be subject to the following:

     (a) the receipt by Foothill of an original of this Amendment, duly
authorized, executed and delivered by each Borrower and each Guarantor;

     (b) the receipt by Foothill of Borrowers' weekly cash flow projections for
the period commencing on the effective date hereof and terminating on the
Overadvance Termination Date, in form and substance satisfactory to Foothill;

     (c) the receipt by Foothill of a copy of a check drawn by Just For Feet,
Inc. payable to KPR in the amount of $5,000,000, post-dated to December 15,
1998; and,

     (d) no Event of Default shall have occurred and be continuing and no event
shall have occurred or condition be existing and continuing which, with notice
or passage of time or both, would constitute an Event of Default.

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     8. Effect of this Amendment. Except as modified pursuant hereto, no other
changes or modifications to the Loan Agreement and the other Loan Documents are
intended or implied and in all other respects the Loan Agreement and the other
Loan Documents are hereby specifically ratified, restated and confirmed by all
parties hereto as of the effective date hereof. To the extent of any conflict
between the terms of this Amendment and any of the Loan Documents, the terms of
this Amendment shall control. The Loan Agreement, the other Loan Documents
amended hereby and this Amendment shall be read and be construed as one
agreement.

     9. Further Assurances. The parties hereto shall execute and deliver such
additional documents and take such additional actions as may be necessary or
desirable to effectuate the provisions and purposes of this Amendment.

     10. Governing Law. The validity, interpretation and enforcement of this
Amendment and any dispute arising out of the relationship between the parties
hereto, whether in contract, tort, equity or otherwise, shall be governed by the
internal laws of the State of New York (without giving effect to principles of
conflicts of law).

     11. Binding Effect. This Amendment shall be binding upon and inure to the
benefit of each of the parties hereto and their respective successors and
assigns.

     12. Counterparts. This Amendment may be executed in any number of
counterparts, but all of such counterparts when executed shall together
constitute but one and the same agreement. In making proof of this Amendment, it
shall not be necessary to produce or account for more than one counterpart
thereof signed by each of the parties hereto.

                                         Very truly yours,

                                         KPR SPORTS INTERNATIONAL, INC.

                                         By: /s/ Michael Rubin
                                            ------------------------------------
                                         Title: President


                                         RYKA, INC.

                                         By: /s/ Michael Rubin
                                            ------------------------------------
                                         Title: President

                       [SIGNATURES CONTINUED ON NEXT PAGE]

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                    [SIGNATURES CONTINUED FROM PREVIOUS PAGE]


AGREED:

FOOTHILL CAPITAL CORPORATION

By: /s/ Erik Sawyer
------------------------------------
Title: Vice President


ACKNOWLEDGED AND CONSENTED
TO IN ALL RESPECTS:

GLOBAL SPORTS, INC.


By: /s/ Steven Wolf
------------------------------------
Title: Chief Financial Officer


APEX SPORTS INTERNATIONAL, INC.


By: /s/ Michael Rubin
------------------------------------
Title: President


MR MANAGEMENT, INC.


By: /s/ Michael Rubin
------------------------------------
Title: President

/s/ Michael Rubin
------------------------------------
MICHAEL RUBIN


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