<PAGE>   1
                                                                   EXHIBIT 10.26





                                   SUZY'S ZOO


                                LICENSE AGREEMENT

                                      with

                           GERBER CHILDRENSWEAR, INC.


<PAGE>   2

                                LICENSE AGREEMENT

This License Agreement is made and entered into by and between, SUZY'S ZOO a
corporation organized under the laws of the State of California, having its
principal office and place of business at 9401 Waples Street, Suite 150, San
Diego, California 92121-3909, USA (hereinafter "LICENSOR"); duly represented by
MOON MESA MEDIA, LLC, a limited liability company organized under the laws of
the State of California, having its address at 14945 Ventura Boulevard, Suite
300, Sherman Oaks, California 91403, joining in as the exclusive representative
of the LICENSOR (hereinafter "REPRESENTATIVE"); and GERBER CHILDRENSWEAR, INC.,
a corporation organized under the laws of the State of Delaware, having its
principal address at 7005 Pelham Road, Greenville, SC 29615 (hereinafter
"LICENSEE").

                                    RECITALS:

A.       LICENSOR is the proprietor of copyrights and all rights therein
         throughout the world in certain works, and by grant from SUZANNE
         SPAFFORD ROBIE has acquired the right to license certain other works
         throughout the world, such works including the particular works
         identified on Schedule A attached hereto, or added by future Addendum
         thereto, and incorporated herein by reference (the identified works
         hereinafter referred to as "Licensed Works").

B.       LICENSOR has adopted, used, and is the proprietor of the trademark
         SUZY'S ZOO(R) and numerous trademark registration and applications
         therefor throughout the world, including registrations in the United
         States and Canada (hereinafter "Licensed SUZY'S ZOO Trademark").

C.       REPRESENTATIVE is the sole and exclusive licensing and merchandising
         representative of the Licensed Works and the Licensed SUZY'S ZOO
         Trademark throughout the world.

D.       The parties contemplate that LICENSEE may be involved in a number of
         projects in which it desires to use the Licensed Works and Licensed
         SUZY'S ZOO Trademark.

E.       The parties contemplate that the individual projects shall be
         separately addressed in separate Schedules, with each such Schedule
         setting forth the specific license terms applicable to that project
         (herein "Schedules").

F.       The specific terms and conditions relating to the first such project
         are entered on Schedule A hereto which is incorporated herein by
         reference.

G.       LICENSEE is desirous of obtaining license rights from LICENSOR
         regarding certain products listed on Schedule A, incorporating or
         displaying the Licensed Works (hereinafter "Licensed Products"), and to
         use the Licensed SUZY'S ZOO Trademark on, and in connection with such
         Licensed Products.

H.       LICENSOR is willing to grant such a license upon and subject to certain
         terms, conditions, limitations and restrictions as set forth below.


                                       1
<PAGE>   3

                              TERMS AND CONDITIONS:

                  NOW, THEREFORE, in consideration of the foregoing recitals and
of the mutual covenants and conditions set forth below, the parties hereby agree
as follows:

1.       GRANT AND ACCEPTANCE OF LICENSE

         a.       LICENSOR hereby grants to LICENSEE, for the term of this
                  Agreement, subject to the terms and conditions herein set
                  forth, the right, privilege and license to make, have made,
                  sell and distribute in the Territory the Licensed Products and
                  to use the Licensed SUZY'S ZOO Trademark only on and in
                  connection with such Licensed Products, as further specified
                  on Schedule A. The parties contemplate that additional license
                  rights may be granted in the future, and that such rights will
                  be defined by additional schedules denominated consecutively
                  B, C, D, E... Z, AA, BB, CC as required, taken in connection
                  with this Agreement.

         b.       "Territory," as used herein shall initially mean the
                  geographic areas identified on Schedule A attached hereto and
                  incorporated herein by reference. It is contemplated that the
                  Territory may be different for each project, and in this sense
                  may be modified during the term of this Agreement by addition
                  of further Schedules, as well as modification of Schedule A
                  hereto.

         c.       The rights granted hereunder shall pertain only to the
                  specifically identified Licensed Works. The Works included in
                  the Licensed Works may be added or deleted to the extent that
                  new scheduled projects define a different group of works or
                  Schedule A or any subsequent Schedule is modified.

         d.       The rights granted hereunder are further limited and defined
                  as to specific categories of products, Territories, markets
                  and exclusivity for areas of endeavor by LICENSEE or its
                  agents or distributors as set forth on Schedule A or
                  subsequent Schedules.

         e.       New projects, and any changes in the scope of rights granted
                  hereunder, as well as the particulars of the nature and scope
                  of rights granted in relation to any particular project, shall
                  be addressed through addendum to this Agreement, adding or
                  deleting or modifying Schedules hereto.

         f.       LICENSEE hereby accepts the foregoing license from LICENSOR,
                  and shall exercise its reasonable best efforts to establish
                  and maintain reasonable and customary industry standards of
                  quality, style and appearance, not inferior to the quality,
                  style and appearance of the products made and sold by LICENSOR
                  under the Licensed SUZY' S ZOO Trademark, for the Licensed
                  Products which LICENSEE endeavors to make, have made, use, and
                  sell under this Agreement. LICENSEE shall implement adequate
                  quality control procedures to satisfy any applicable
                  governmental regulatory or legal requirement applicable
                  thereto and to


                                       2
<PAGE>   4

                  protect the reputation for high quality which LICENSOR has
                  achieved for its own products. Distribution of the Licensed
                  Products under this Agreement shall be under LICENSEE's own
                  brand name, "Gerber Childrenswear,"or under such other brand
                  names as LICENSOR may in advance and in writing approve, and
                  LICENSEE shall not include the Licensed SUZY'S ZOO Trademark,
                  or any portions thereof, in its corporate or business name.

         g.       LICENSEE shall use due diligence and exercise its reasonable
                  best efforts in accordance with good business practice, during
                  the term of this Agreement, to promote, manufacture and sell
                  each Licensed Product.

         h.       In order to effect the use of the Licensed Works, LICENSOR
                  shall supply LICENSEE with artwork for each of the Licensed
                  Works. Artwork shall consist of character designs presently
                  contained in LICENSOR'S character design library or
                  adaptations thereof, or new designs created at LICENSEE'S
                  request. All artwork used in connection with Licensed Works
                  shall be produced by LICENSOR. Such artwork supplied to
                  LICENSEE shall be used only in connection with the performance
                  of this Agreement and shall remain the property of LICENSOR.
                  There will be no additional charge (other than incidental
                  shipping charges and the like) for supply of art which can be
                  used directly from the existing library of designs maintained
                  by LICENSOR. The art fee on a piece-by-piece basis for
                  creation of new designs or adaptations of existing designs to
                  other media and/or reproduction processes shall be as
                  specified in the applicable Schedule. The negotiated art fee
                  is payable on delivery of artwork to LICENSEE. Such artwork
                  comprising new designs and adaptations shall be licensed
                  hereunder to LICENSEE in the same manner as other Licensed
                  Works, as specified on the applicable Schedule or Schedules.

2.       LICENSE TERM

         a.       The term of this Agreement shall commence as of the date this
                  Agreement is executed on behalf of LICENSOR or REPRESENTATIVE,
                  or on the effective date set forth in the applicable Schedule,
                  whichever shall first occur, and shall continue as provided in
                  Schedule A hereto, unless earlier terminated in accordance
                  with other provisions of this Agreement.

         b.       The term of this Agreement may be renewed at the option of
                  LICENSEE to the extent, if any, provided in a Schedule hereto.
                  However, LICENSOR shall have the right to cancel this
                  Agreement at the end of its original term and any subsequent
                  renewal term in the event royalties accruing based on actual
                  sales are insufficient to meet a minimum royalty condition or
                  any other condition set forth in the Schedule relating to
                  renewal has not been satisfied.



                                       3
<PAGE>   5

3.       ROYALTIES

         a:       For the rights licensed herein, LICENSEE shall pay
                  REPRESENTATIVE on behalf of LICENSOR royalties on Net Sales of
                  Licensed Products in accordance with the particular Schedule
                  to which royalty bearing activities producing such royalties
                  pertain, unless in any particular Schedule the basis for
                  royalty calculation is other than Net Sales as defined herein.
                  In the latter case the basis shall be specifically set forth
                  in the applicable Schedule. Annual Advances and Guaranteed
                  minimum royalties, if applicable, shall be included in each
                  scheduled project and stated in the applicable Schedule.
                  Unless otherwise specifically provided for in the applicable
                  Schedule, advances and guaranteed royalty amounts shall be
                  paid in advance, within the first five (5) business days of
                  the period to which they apply, and thereafter applied as a
                  set-off against future earned royalties accruing to
                  REPRESENTATIVE on behalf of LICENSOR as specified herein.

         b.       Unless otherwise provided in a particular Schedule, the basis
                  for calculation of royalties shall be Net Sales. "Net Sales"
                  for purposes of this Agreement shall mean gross selling price
                  by LICENSEE, its distributors, agents, etc. at the wholesale
                  level just prior to retail, to customers for the sale of
                  Licensed Products, or the price actually paid, whichever is
                  higher, less sales taxes, shipping costs, customary discounts
                  and allowances, and credits for returns actually made and
                  allowed (hereinafter "Deductions"). In computing Net Sales, no
                  costs incurred in manufacturing, selling, advertising or
                  distributing the Licensed Products covered by this Agreement
                  other than those set forth above shall be deducted, nor shall
                  any deduction be made for uncollectible accounts. Net Sales
                  shall be deemed to have occurred and royalties shall accrue
                  when the Licensed Products are sold, shipped, distributed,
                  billed and/or paid for, or invoiced, whichever comes first.
                  Non-cash, trade-in-kind and other barter transactions shall be
                  accounted as if sold at the highest catalog list price
                  published by LICENSEE in the preceding year.

4.       REPORTS AND PAYMENTS

         a.       Royalties accruing from activities hereunder shall be computed
                  on a periodic basis as set forth in the applicable Schedule.
                  Within thirty (30) days after the end of each such accounting
                  period, LICENSEE shall provide to REPRESENTATIVE a written
                  report, in the format and with the content set forth under
                  subparagraph 4.b below, and shall pay REPRESENTATIVE all
                  royalties accruing hereunder during such period. Within thirty
                  (30) days following any termination or expiration of this
                  Agreement, LICENSEE shall render a written closing report to
                  REPRESENTATIVE applicable to any sales not previously
                  reported, said report to be accompanied by payment of
                  royalties, if any, not previously paid. Said closing report
                  shall also include an inventory of all Licensed Products on
                  hand and in process of manufacture for LICENSEE upon
                  termination or expiration of this Agreement.



                                       4
<PAGE>   6

         b.       Each and every report shall show in detail, for the accounting
                  period to which the report pertains, activity under each
                  scheduled project hereunder, including the identities and
                  quantities of Licensed Products sold hereunder, the actual
                  invoice or billing price of the Licensed Products supplied,
                  the actual price paid for them if more than the invoice price,
                  the applicable Deductions, and the royalties due from
                  LICENSEE. Each such report shall include a computation of the
                  royalty accrued, and any set-offs against royalties due and
                  owing (e.g., advance royalties paid). The methods used in
                  computing and reporting the required information shall be in
                  conformity with standard accounting practice.

5.       BOOKS AND RECORDS

         a.       LICENSEE shall keep and maintain true and complete books and
                  records pertaining to its manufacture, purchase, supply and
                  sale of Licensed Products. LICENSEE shall be responsible for
                  assuring that such books and records shall be kept, and the
                  information maintained in sufficient detail to enable the
                  royalties payable to REPRESENTATIVE for each of the Licensed
                  Products to be accurately determined, as well as the sales and
                  pricing information required under this Agreement.

         b.       LICENSEE shall make such books and records available, upon
                  request, at reasonable times during regular business hours for
                  inspection by REPRESENTATIVE, at REPRESENTATIVE'S expense, and
                  supply REPRESENTATIVE with the details and supporting data
                  necessary to verify the reports and payments required by this
                  Agreement. No more than one (1) such examination may be made
                  during any twelve (12) month period that this Agreement is in
                  effect.

         c.       If an error of more than five percent (5%) in royalty payments
                  made since the beginning of the license term or the last
                  inspection, as applicable, is discovered during any such
                  inspection, the costs to REPRESENTATIVE for such inspection
                  shall be borne by LICENSEE.

         d.       LICENSEE shall maintain its books and records relevant to this
                  Agreement for at least two (2) years after the end of the
                  calendar year to which they pertain.

6.       SUPERVISION AND APPROVAL

         a.       All Licensed Products manufactured and sold hereunder, as well
                  as all labels, packaging, catalogs, brochures, advertising and
                  other forms of publicity, shall be created and designed to be
                  of reasonable and customary industry standard of quality so as
                  to protect and preserve the image and goodwill that are
                  associated by the public with LICENSOR, and LICENSEE shall
                  conduct its business accordingly under this Agreement.


                                       5
<PAGE>   7

         b.       All Licensed Products manufactured and sold hereunder shall
                  meet all applicable product safety, consumer protection, and
                  product liability requirements, including those provided by
                  federal, state, and local laws and regulations, and also those
                  requirements covering the activities of LICENSEE adopted by
                  the industry whereunder LICENSEE operates; and LICENSEE shall
                  at all times conduct its business in accordance with such
                  laws, regulations, and requirements under this Agreement.

         c.       All Licensed Products manufactured and sold hereunder, and all
                  labels, packaging, catalogs, brochures, advertising and other
                  forms of publicity material for the Licensed Products, shall
                  be subject to LICENSOR's written approval in advance of use.
                  Failure of LICENSOR to disapprove an item within ten (10)
                  working days of receipt of a representative sample shall be
                  deemed an approval provided LICENSEE gives LICENSOR and
                  REPRESENTATIVE three (3) days prior written notice of its
                  intent to invoke the deemed approval and neither LICENSOR nor
                  REPRESENTATIVE objects within said three (3) day period.
                  Without cost to LICENSOR, LICENSEE shall submit to LICENSOR
                  for its inspection and written approval, at reasonable times
                  in advance of manufacture, sale or distribution, as
                  applicable: 1) a proposed design for each proposed Licensed
                  Product to be sold by LICENSEE; 2) [INTENTIONALLY OMITTED]; 3)
                  a production sample thereof; as well as a pre-production
                  sample and a production sample of each proposed label,
                  package, catalog, brochure, advertisement, and such other
                  forms of material containing or relating to Licensed Works or
                  Licensed Products as may be applicable, which LICENSEE
                  proposes to use in connection with activities hereunder,
                  including the promotion or sale of the Licensed Products. This
                  right of prior approval shall be at the sole discretion of
                  LICENSOR who shall act in good faith, and approval in writing
                  or by failure to respond shall be a condition of the right to
                  exercise the grant of license hereunder. LICENSEE shall not
                  materially depart from any approved sample submitted, without
                  LICENSOR's prior consent obtained in writing or by failure to
                  respond after submission of a new sample incorporating the
                  material departures from a previously approved sample.

         d.       LICENSEE will provide LICENSOR, without cost to LICENSOR, a
                  sample of each Licensed Product actually offered for sale or
                  sold, and of each label, packaging, catalog, brochure,
                  advertisement or other form of publicity material therefor,
                  which LICENSOR may periodically request to assure adherence of
                  LICENSEE to the requirements of this Agreement.

         e.       For purposes of this Agreement a "sample" shall consist of
                  four (4) specimens of each Licensed Product, label, package,
                  catalog, brochure, advertisement or such other forms of such
                  material containing or relating to Licensed Works as may be
                  applicable.



                                       6
<PAGE>   8

7.       COPYRIGHTS AND TRADEMARKS

         a.       LICENSEE recognizes the great value of the goodwill that is
                  associated with the Licensed SUZY'S ZOO Trademark and the
                  Licensed Works, including the characters that are the subject
                  thereof, and LICENSEE acknowledges that as between the parties
                  such goodwill is owned exclusively by LICENSOR and any
                  goodwill that may be created by the use of the Licensed SUZY'
                  S ZOO Trademark and the Licensed Works by LICENSEE hereunder
                  shall inure to the benefit of LICENSOR. LICENSEE further
                  acknowledges that, as between the parties, all right, title
                  and interest in and to the Licensed SUZY'S ZOO Trademark and
                  the Licensed Works are owned exclusively by LICENSOR,
                  including the right to use the Licensed Works and the Licensed
                  SUZY' S ZOO Trademark in LICENSOR's own business.

         b.       The copyrights in Licensed Works shall remain in the sole and
                  exclusive control of LICENSOR. Any adaptation or modification
                  of Licensed Works or new works prepared under this Agreement,
                  any copyrights therein, and all of the rights comprised in
                  said copyrights, shall be in the sole and exclusive control of
                  LICENSOR. If LICENSEE develops or acquires any such
                  adaptation, modification or new work, LICENSEE shall assign to
                  LICENSOR the copyright in any such adaptation, modification or
                  new work, and shall execute all documents reasonably required
                  or requested to effect such assignment or to permit LICENSOR
                  to register or maintain title to copyright in any such
                  adaptation, modification or new work, in LICENSOR.

         c.       Adaptations and modifications of Licensed Works and new works
                  prepared under this Agreement shall be included as part of
                  said Licensed Works.

         d.       LICENSEE shall take reasonable precautions in dealing with its
                  suppliers to preserve LICENSOR'S copyright and trademark
                  rights and to prevent infringement thereof.

8.       PRODUCT MARKING

         a.       Licensed Products made and sold by LICENSEE hereunder and all
                  labels, packaging, catalogs, brochures, advertising and other
                  forms of publicity material for the Licensed Products, which
                  incorporate or display the Licensed Works, shall be marked
                  with an appropriate copyright notice. Such notice shall be of
                  proper form and content and be properly displayed in a manner
                  that complies with all applicable laws in the particular
                  location within the Territory where each Licensed Product is
                  sold, as well as the Universal Copyright Convention. An
                  initial approved copyright notice for each of the Licensed
                  Works shall be provided by LICENSOR, in connection with
                  provision of copies of the Licensed Works, or artwork
                  embodying same, to LICENSEE.



                                       7
<PAGE>   9

         b.       Licensed Products, where reasonably feasible, and, in any
                  event, labels, packaging, catalogs, brochures, advertising and
                  other forms of publicity material for the Licensed Products,
                  shall state that the Licensed Products incorporating or
                  displaying Licensed Works are made under this Agreement, as,
                  for example, by stating:

                           "Made under license from SUZY' S ZOO(R),
                                  San Diego, California, U.S.A."

         c.       The Licensed SUZY'S ZOO Trademark, which is registered in the
                  United States and elsewhere, shall be displayed with an
                  appropriate trademark registration notice in accordance with
                  applicable United States trademark law (i.e. (R)), or other
                  applicable' law within the Territory, as appropriate.

         d.       LICENSEE shall provide LICENSOR, upon request to LICENSEE,
                  with such reasonable quantities of identical specimens of
                  items incorporating or displaying Licensed Works or works
                  derived therefrom, and of any labels, packaging, catalogs,
                  brochures, advertising and other forms of publicity material
                  therefor, reasonably necessary for copyright or trademark
                  registration purposes. LICENSEE shall also provide LICENSOR,
                  upon request to LICENSEE, with all use dates and other
                  information necessary to enable LICENSOR to apply for and
                  obtain registration of copyrights and trademarks.

9.       INDEMNIFICATION, INSURANCE AND INFRINGEMENT

         a.       LICENSEE shall defend, indemnify and hold harmless LICENSOR
                  and its officers, employees and agents, including
                  REPRESENTATIVE (hereinafter collectively referred to as the
                  "Indemnified Parties") from and against any and all claims,
                  demands, suits, losses, injuries, or liabilities arising out
                  of the manufacture or sale of the Licensed Products or
                  resulting from LICENSEE's exercise of the license granted
                  hereunder.

         b.       LICENSEE shall obtain and maintain at all times product
                  liability insurance for the Licensed Products in an amount of
                  coverage reasonable and adequate in view of all relevant
                  circumstances. Such product liability insurance shall cover
                  any claims, demands, causes of action or property or personal
                  injury damages, including reasonable attorneys' fees, arising
                  from or out of any alleged defects in the Licensed Products,
                  or otherwise from or out of any use or misuse of the Licensed
                  Products. The limit of coverage shall be based upon both the
                  nature of the Licensed Product and the environment in which it
                  may be used. Such insurance policy or policies shall in any
                  event contain a combined single limit of no less than one
                  million dollars ($1,000,000.00) for bodily injuries and
                  property damage arising out of each occurrence, and, if
                  reasonable and prudent business practice dictates a higher
                  limit, as reflected in common practice in the industry, or by
                  another verifiable and accepted standard throughout the
                  industry, such higher minimum



                                       8
<PAGE>   10

                  limit shall apply. A Certificate of Insurance demonstrating
                  compliance with the provisions of this paragraph by LICENSEE
                  and naming LICENSOR and REPRESENTATIVE as additional insureds
                  shall be provided to REPRESENTATIVE on an annual basis upon
                  request by REPRESENTATIVE. Such insurance shall provide that
                  it may not be canceled without 30 days' prior written notice
                  to LICENSOR and REPRESENTATIVE. LICENSEE shall give immediate
                  notice to LICENSOR of all occurrences that might reasonably be
                  expected to result in any claim against it or any one or more
                  of the Indemnified Parties, or which could impose any
                  liability upon any one or more of the Indemnified Parties.

         c.       LICENSEE shall promptly notify LICENSOR of any infringement or
                  suspected infringement of the copyrights in the Licensed Works
                  or the trademarks that comprise the Licensed SUZY'S ZOO
                  Trademark by any third party. Any action taken by LICENSEE to
                  enforce said copyrights or trademarks against such infringers,
                  including the giving of notice of infringement of the
                  institution of legal proceedings, shall be subject to the
                  prior approval of LICENSOR. LICENSOR shall not be obligated to
                  take any such action, and any decision to take such action by
                  LICENSOR, and the conduct of any such action taken, shall be
                  entirely within the discretion and control of LICENSOR.
                  LICENSEE shall cooperate fully with LICENSOR in any such
                  action LICENSOR may choose to take in this regard. If LICENSOR
                  elects not to proceed with such action and if any such
                  infringement or imitation by a third party shall materially
                  interfere with LICENSEE'S exercise of the rights granted to it
                  under this Agreement, LICENSEE may terminate this Agreement
                  prospectively by so notifying LICENSOR in writing, without
                  limitation of any other rights or remedies LICENSEE may have,
                  subject to the payment to LICENSOR of all Royalties then due
                  or accrued to LICENSOR in respect of sales made through the
                  date of LICENSEE'S termination of this Agreement.

10.      PROTECTION OF LICENSOR'S RIGHTS

         a.       LICENSEE and LICENSOR shall each cooperate with the other
                  party as reasonably required to protect and maintain the
                  copyrights in the Licensed Works and the trademarks that
                  comprise the Licensed SUZY'S ZOO Trademark.

         b.       LICENSEE shall not challenge or contest LICENSOR'S ownership
                  of the copyrights in the Licensed Works or the trademarks that
                  comprise the Licensed Trademark, or their validity, or the
                  validity of the License granted hereunder.

         c.       LICENSEE shall protect and preserve LICENSOR's copyrights and
                  trademarks, subject to the provisions of paragraphs 7 and 9.c
                  above, and in no way whatsoever will LICENSEE harm or misuse
                  them or otherwise cause them to be reduced in value to
                  LICENSOR. In this connection, LICENSEE will not manufacture,
                  advertise, sell, or distribute the Licensed Products in any
                  manner which violates



                                       9
<PAGE>   11

                  applicable laws, the terms of this Agreement, standards of
                  reasonable and ethical business practice, or commonly accepted
                  standards of propriety.

11.      TERMINATION

         a.       In the event of any material breach of this Agreement, or any
                  default in performance by LICENSEE, including the failure to
                  pay royalties when due, LICENSOR may, at its option, terminate
                  this Agreement by giving written notice thereof. However,
                  LICENSEE shall have thirty (30) days following receipt of such
                  notice within which to cure the breach or default and thus
                  reinstate this Agreement as of the date of such notice.

         b.       This Agreement may, in the sole discretion of LICENSOR, be
                  terminated on ten (10) days written notice from LICENSOR as to
                  any and all Licensed Works, as listed on the applicable
                  Schedule, that are not actively marketed and sold in
                  connection with Licensed Products within a time period of
                  ninety (90) days from the effective date of this Agreement, or
                  ninety (90) days from the date any such Licensed Work is added
                  to this Agreement by inclusion in one of the Schedules hereto,
                  whichever is later.

         c.       This Agreement shall be automatically and immediately
                  terminated if any one or more of the following events occur:

                  1.       The filing of a voluntary or involuntary petition in
                           bankruptcy with respect to LICENSEE;

                  2.       The execution by LICENSEE of an assignment for the
                           benefit of creditors or a compromise with creditors;

                  3.       The insolvency of LICENSEE, as that term is defined
                           under United States federal bankruptcy law; or

                  4.       The appointment of a receiver for LICENSEE or any of
                           its property;

                  provided, however, that LICENSEE shall have ninety (90) days
                  following such event within which to nullify the event or the
                  effect of the event, in which case the Agreement shall be
                  automatically and immediately reinstated.

         d.       Provided this Agreement shall not have been terminated for
                  LICENSEE'S breach, LICENSEE shall have the non-exclusive
                  right, upon termination or expiration of this Agreement, to
                  sell all of its then-existing inventory of Licensed Products,
                  including items in process in the normal course of its
                  business, during the three (3) month period immediately
                  following such termination or expiration. Notwithstanding any
                  other provisions of this Agreement, all obligations and
                  requirements of this Agreement shall apply to sales of
                  Licensed Products during



                                       10
<PAGE>   12

                  the three (3) month sell-off period, including payment of
                  royalties thereon and the reporting requirements regarding
                  such sales. LICENSEE shall refrain from manufacturing, selling
                  and distributing any Licensed Products, whether during the
                  term of this Agreement or following the termination or
                  expiration thereof, which fail to meet the within requirements
                  of quality, product safety, consumer protection and product
                  liability, or fail to carry appropriate copyright or trademark
                  notices. Upon the expiration of the three (3) month sell-off
                  period, any further stock on hand of Licensed Products shall
                  be destroyed. LICENSEE shall not manufacture quantities of
                  Licensed Products in anticipation of the sell-off period which
                  materially exceed the quantities LICENSEE could anticipate
                  selling prior to the expiration of this Agreement.

         e.       LICENSEE acknowledges that a failure (except as otherwise
                  expressly provided herein) to cease the manufacture, sale or
                  distribution of the Licensed Products upon the termination or
                  expiration of this Agreement will result in immediate and
                  irreparable damage to LICENSOR. LICENSEE further acknowledges
                  that there is no adequate remedy at law for such failure to
                  cease manufacture, sale or distribution, and, in the event of
                  such failure, LICENSOR shall be entitled to equitable relief
                  and such further relief as a court or agency with jurisdiction
                  may deem just and proper.

         f.       Termination of this Agreement for any reason shall not relieve
                  LICENSEE of its obligation to pay all royalties owing or
                  accrued prior to the termination.

         g.       Upon termination of this Agreement, all of the rights granted
                  hereunder to LICENSEE shall revert to LICENSOR. Except as
                  herein provided, LICENSEE will cease and desist from
                  manufacturing, selling or distributing Licensed Products
                  incorporating or displaying the Licensed Works, and from
                  making any use whatsoever of the Licensed Works or the
                  Licensed SUZY'S ZOO Trademark. Upon the termination of this
                  Agreement, all original artwork bearing or incorporating the
                  Licensed Works in the custody or control of LICENSEE shall be
                  returned to LICENSOR and any other materials incorporating,
                  displaying or otherwise making use of Licensed Works,
                  including, but not limited to, plates, masks, transparencies,
                  negatives, screens, and the like, computer data or algorithms,
                  or other electronic means of incorporating or embodying same,
                  as well as any other non-product representations bearing or
                  incorporating the Licensed Works owned by, or within the
                  custody or control of, LICENSEE, shall be destroyed.

12.      LICENSOR REPRESENTATIONS

         LICENSOR represents that LICENSOR is free to enter into this Agreement;
that the Licensed Works are LICENSOR's own and original creations (except for
matters in the public domain or material which LICENSOR is fully licensed to
use); and that, to the best of LICENSOR's knowledge, the Licensed Works, and the
manufacture, advertisement, distribution


                                       11
<PAGE>   13

and sale hereunder of same embodied in the Licensed Products, do not infringe
upon any rights of any third party. LICENSOR shall defend, indemnity and hold
harmless LICENSEE and its officers, employees and agents, from and against any
and all claims, demands, suits, losses, or liabilities, including, but not
limited to, reasonable outside attorneys' fees, arising from copyright or
trademark infringement claims by third parties and arising solely out of the use
by LICENSEE of the LICENSED PROPERTY as authorized under this Agreement.

13.      GOVERNING LAW, DISPUTE RESOLUTION, FORUM SELECTION AND JURISDICTION

         This Agreement shall be governed by and construed under the laws of the
State of California of the United States of America, without regard to choice of
law principles. Any dispute arising under this Agreement which cannot be
resolved by the parties within thirty (30) days after it arises shall be
submitted to binding arbitration in San Diego County of said State of
California, in accordance with the rules for expedited arbitration of the
American Arbitration Association and the parties hereby expressly accept and
submit to such jurisdiction. The prevailing party shall be entitled to recover
its reasonable attorney's fees and costs of arbitration from the non-prevailing
party.

14.      FORCE MAJEURE

         In the event either party hereto is prevented from performing or is
unable to perform any of its obligations under this Agreement due to fire,
flood, earthquake, state of war, governmental regulation, national emergency,
strikes, lockouts, labor troubles, failure of public utilities, injunctions, or
other events beyond the reasonable control of the party affected, the affected
party shall give notice promptly to the other party in writing and, thereupon,
the affected party's non-performance shall be excused and the time for
performance of this Agreement shall be extended for the period of delay or
inability due to such Force Majeure, but for not more than one (1) year in the
aggregate. Any royalties due or accrued as of the commencement date of such
event of Force Majeure shall be paid within thirty (30) days thereafter.

15.      ATTRIBUTES OF NOTICES, REPORTS AND PAYMENTS

         Any notice, approval, report or payment required or permitted under the
terms of this Agreement shall be in writing and sent by certified or registered
mail, postage prepaid, return receipt requested, or by facsimile transmission
with confirmation sent by certified or registered mail, postage prepaid, return
receipt requested, or by courier (e.g. Federal Express, UPS, DHL, and the like)
with confirmation of receipt by signature requested.

         Notices to the parties shall be addressed as follows:



                                       12
<PAGE>   14

To LICENSOR:                         Mr. Raymond L. Lidstrom
                                     President
                                     SUZY'S ZOO
                                     9401 Waples Street, Suite 150
                                     San Diego, California  92121-3909
                                     Facsimile: (619) 452-2170

To REPRESENTATIVE:                   Sheryl S. Hardy
                                     Chief Executive Officer
                                     MOON MESA MEDIA,  LLC
                                     14945 Ventura Boulevard, Suite 300
                                     Sherman Oaks, California  91403
                                     Facsimile: (818) 528-1467

To LICENSEE:                         Chris Lanigan
                                     V.P., Marketing and Creative Services
                                     Gerber Childrenswear
                                     7005 Pelham Road
                                     Greenville, SC 29615
                                     Facsimile: (864) 987-5401

A proper notice shall be deemed to have been given when sent, subject to proof
of receipt.

16.      GENERAL PROVISIONS

         a.       The parties to this Agreement are independent contractors, and
                  nothing herein contained shall be construed so as to place the
                  parties in the relationship of partners or joint venturers,
                  and LICENSEE and its sublicensees, if any are permitted
                  hereunder, shall have no power to obligate or bind LICENSOR in
                  any manner whatsoever. Neither LICENSEE nor LICENSOR is
                  authorized to or shall act as the agent of the other, except
                  for the express purpose of obtaining any necessary government
                  approvals of this Agreement and the payments to be made
                  hereunder should such approvals be required.

         b.       This Agreement sets forth the entire agreement and
                  understanding of LICENSOR and LICENSEE with respect to the
                  subject matter hereof, and supersedes any prior agreements,
                  arrangements and understandings between them. No
                  representation, promise or inducement has been made by any
                  party that is not embodied in this Agreement, and no party
                  shall be bound by, or liable for, any alleged representation
                  or promise of inducement not so set forth. Any changes made to
                  this Agreement or the Schedules thereto shall be in writing
                  and signed by an authorized representative of each of the
                  respective parties.

         c.       This Agreement is personal to LICENSEE, and neither the
                  Agreement nor any of LICENSEE's rights or obligations
                  hereunder may be assigned, pledged, encumbered or sublicensed
                  by LICENSEE without prior written consent of LICENSOR, not to
                  be unreasonably withheld. However, should LICENSEE'S



                                       13
<PAGE>   15

                  rights hereunder be sublicensed, with the consent of LICENSOR
                  or as otherwise provided herein, all the terms and conditions
                  of this Agreement which reasonably could, and in law-or equity
                  should, be applied to a Sublicensee shall be applied thereto,
                  whether or not in any instance a Sublicensee or applicability
                  of any particular term of this Agreement thereto is mentioned.
                  For purposes of this subparagraph c, a purchaser of all or
                  substantially all of the issued and outstanding shares of the
                  capital stock of LICENSEE shall be considered a successor,
                  regardless of the form of the transaction, in which event
                  LICENSEE shall so notify LICENSOR in writing, but no consent
                  from LICENSOR shall be required.

         d.       Subject to the provisions of subparagraph 16.c above, and
                  where not otherwise inconsistent with the terms of this
                  Agreement, this Agreement shall be binding upon and inure to
                  the benefit of the successors, heirs and assigns of LICENSOR
                  and LICENSEE.

         e.       This Agreement may be amended, modified, superseded, or
                  canceled, or the terms or covenants hereof waived, only by a
                  written instrument executed by the parties hereto, or in the
                  case of a waiver, by the party waiving compliance. The failure
                  of either party at any time to require performance of any
                  provision hereof shall not affect the right at another time to
                  enforce the same. No waiver by either party of the breach of
                  any term or covenant contained in this Agreement shall be
                  deemed to be a continuing waiver of any such breach or a
                  waiver of the breach of any other term or covenant contained
                  in this Agreement.

         f.       Any provision of this Agreement which in any way contravenes
                  or is unenforceable under any law of a state or locality in
                  which this Agreement is effective shall be deemed separable
                  and not a part of this Agreement and to that extent void.
                  However, all remaining provisions of this Agreement shall be
                  valid and in full force and effect, and the parties shall
                  negotiate in good faith a replacement provision that is in
                  harmony with applicable law and effects, insofar as possible,
                  the original purpose of the Agreement term in question.

         g.       The captions are inserted herein only as a matter of
                  convenience and for reference, and in no way define, limit or
                  describe the scope of this Agreement or the intent of any
                  provision herein.

         h.       This Agreement may be executed in one or more counterparts,
                  each of which shall for all purposes be deemed to be an
                  original and all of which shall constitute the same
                  instrument. Facsimile signatures shall be accepted as proof of
                  execution.

         i.       In the event LICENSOR shall provide notice to LICENSEE that
                  LICENSOR has ceased utilizing the services of REPRESENTATIVE,
                  all obligations otherwise accruing to REPRESENTATIVE hereunder
                  shall accrue to LICENSOR.




                                       14
<PAGE>   16

         IN WITNESS WHEREOF, each of the parties has caused this Agreement to be
executed effective as of the day and year first above written.

SUZY' S ZOO ("Licensor")

/s/ Raymond L. Lidstrom
----------------------------------------
Raymond L. Lidstrom, President

4/14/99  Date
-------


MOON MESA MEDIA, LLC ("Representative")


/s/ Sheryl S. Hardy, CEO
----------------------------------------
Sheryl S. Hardy, CEO

4/13/99  Date
-------


GERBER CHILDRENSWEAR, INC. ("Licensee")


/s/ David L. Gold
----------------------------------------
David L. Gold, Senior Vice President


4/13/99  Date
-------


APPROVED:


/s/ Suzanne Spafford Robie
----------------------------------------
Suzanne Spafford Robie



                                       15
<PAGE>   17


                                   Schedule A
                                       to
                                LICENSE AGREEMENT
                                     between
      SUZY'S ZOO ("Licensor") and GERBER CHILDRENSWEAR, INC. ("Licensee")

                            (continued on next page)




                                       16
<PAGE>   18

LICENSED          INFANT BEDDING
PRODUCTS:         Comforter*
                  Bumper*
                  Crib Sheets*
                  Receiving Blankets*
                  Crib Blankets*
                  Baby Blankeys (security blanket)
                  Hooded Towel & wash mitts*
                  Wash cloths*
                  Crib ruffle*
                  Diaper stacker*
                  Laundry bag
                  Sheet saver
                  Birth certificate and decorative pillows (non-exclusive)*
                  Window Treatments to coordinate with bedding patterns only, to
                  be approved on a case by case basis (non-exclusive)
                  Wall borders to be supplied by LICENSOR'S designated
                  Wallpaper licensee (non-exclusive)
                  Pack & play sets

                  INFANT LAYETTE
                  Sleep n play*
                  Pajamas (infant to 4T)
                  Prams/pram bags
                  Gowns/Dorm Shirts
                  Blanket Sleepers (infant to 4T)*
                  One-piece underwear*
                  Infant Gowns*
                  Undershirts (slip-on & snap-side)
                  Caps*
                  Booties*
                  Union suits
                  Coveralls
                  2 piece underwear sets
                  Cardigan set
                  Burp cloths
                  Bibs
                  Overalls (infant to 4T) (non-exclusive)
                  Gift Sets (non-exclusive, it being
                  understood that others who wish to include
                  goods exclusively licensed hereunder in gift
                  sets must acquire those goods from LICENSEE,
                  and that LICENSEE may elect whether or not
                  to provide those goods in its own
                  discretion. LICENSEE understands the same
                  conditions will apply should it wish to use
                  goods in gift sets under exclusive license
                  to others of LICENSOR'S licensees.)*



                                       17
<PAGE>   19

LICENSED          Little Suzy's Zoo - specific character set as delineated in
WORKS:            style guide. No derivative rights will be granted at this
                  time.

TERRITORY:        United States (including its territories, its military bases
                  throughout the world and international stores of United States
                  retailers to which LICENSEE is marketing in the United States
                  and Canada. In the event LICENSOR shall, in its sole
                  discretion, elect to license the Licensed Products outside the
                  Territory, LICENSEE shall have a 30 day right of first
                  negotiation with respect to acquiring such license. In the
                  event LICENSOR and LICENSEE cannot agree on the terms of the
                  license within such 30 day period, LICENSOR shall be free to
                  license such rights to a third party, but only on terms equal
                  to or more favorable than those offered by LICENSEE. If
                  LICENSOR is unable to negotiate terms equal to or more
                  favorable than those offered by LICENSEE, LICENSOR will
                  reconsider LICENSEE'S offer in good faith.

LICENSE TYPE:     Exclusive, except where Licensed Products are specifically
                  noted to the contrary.

ROYALTIES:        Three (3%) of Net Sales for all apparel and for bedding
                  products sold to mass merchants, and four percent (4%) for
                  bedding products sold to mid-tier merchants, with royalties to
                  be reported quarterly on a country-by-country basis.

GUARANTEED        A total of Thirty Thousand Dollars ($30,000) during the Term,
MINIMUM           payable as follows: (i) Ten Thousand Dollars ($10,000) as a
ROYALTY PAYMENT   non-refundable advance payable upon execution of the License
SCHEDULE          Agreement; plus (ii) Ten Thousand Dollars ($10,000) on
                  December 31, 1999; plus (iii) Ten Thousand Dollars ($10,000)
                  on December 31, 2000; to the extent not otherwise already paid
                  by earned Royalties prior to each of such dates, and to be
                  credited against earned royalties otherwise payable during the
                  year of the term immediately following any of such payments.



                                       18
<PAGE>   20

TERM:             Three (3) years and three (3) months, commencing October 1,
                  1998 and expiring December 31, 2001. Provided LICENSEE shall
                  have earned and paid at least Ten Thousand Dollars ($10,000)
                  in royalties during the final year of the Term, the Term may
                  be automatically renewed for one (1) year, provided LICENSEE
                  so notifies LICENSOR in writing on or before October 31, 2001.
                  Any future renewals shall be subject to good faith
                  negotiation. Provided LICENSEE has renewed the Term as
                  aforesaid and gives LICENSOR notice in writing of LICENSEE'S
                  desire to extend the Term on or before July 31, 2002, LICENSOR
                  will negotiate exclusively with LICENSEE regarding further
                  renewals for a period of up to ninety (90) days. In the event
                  LICENSOR and LICENSEE cannot agree on the terms of the license
                  within such 90 day period, LICENSOR shall be free to license
                  such rights to a third party, but only on terms more favorable
                  than those offered by LICENSEE. If LICENSOR is unable to
                  negotiate terms more favorable than those offered by LICENSEE,
                  LICENSOR will reconsider LICENSEE'S offer in good faith.

MARKETS:          General consumer markets, through all channels of trade, but
                  excluding traditional department stores. LICENSOR will not
                  distribute or license others to distribute Licensed Products
                  incorporating Licensed Works through traditional department
                  stores unless in upscale product from using artwork which is
                  differentiated in appearance from that used by LICENSEE.

PRODUCT           LICENSEE shall introduce into the Territory and Markets each
INTRODUCTION:     of the Licensed Products in commercially reasonable quantities
                  during the Term. The first introduction to the trade in the
                  United States of those Licensed Products marked with an
                  asterisk shall occur at JPMA in October, 1998 with a retail
                  shelf date no later than June 30, 1999. The first introduction
                  to the trade in the United States of the remaining Licensed
                  Products shall occur no later than March 1, 2000 with a retail
                  shelf date no later than September 1, 2000. In the event
                  Licensee shall have failed to introduce any of the Licensed
                  Products in the United States by on or before any of the
                  relevant dates, this Agreement shall become non-exclusive, but
                  only as to those non-introduced products which otherwise were
                  exclusive hereunder, during the balance of the Term.



                                       19
<PAGE>   21

ART CHARGES:      An initial art fee of $5000 payable to LICENSOR upon execution
                  of the License Agreement for original artwork completed on
                  LICENSEE'S behalf for the mid-tier market design. The fees for
                  any additional designs requested by LICENSEE will be charged
                  as follows -

                  $100/design for adaptations of existing artwork to fit other
                  media, reproduction, methods or formats

                  $400/design for original artwork created to order LICENSEE'S
                  for non-exclusive use.

PRODUCT MARKING:  LICENSOR'S logo and/or trademark shall be prominently
                  displayed on all product packaging and on all products and
                  marketing materials, including catalogs, sell sheets,
                  point-of-purchase displays and promotional materials.

APPROVALS:        All individual products, the product packaging, marketing
                  materials and introduction dates are subject to Licensor's
                  approval, except as otherwise herein preapproved.

MARKETING:        LICENSEE shall use its best efforts market, advertise and
                  promote the Licensed Products in a manner to promote and
                  create a presence for the Little Suzy's Zoo product line at
                  Trade Shows, in Trade Advertising and Product Catalogs.

SELL-OFF PERIOD:  Notwithstanding anything to the contrary in Paragraph 11.d of
                  the LICENSE AGREEMENT, the sell-off period shall be six (6)
                  months.

SALES TO          LICENSEE shall, if requested by LICENSOR, sell LICENSED
LICENSOR:         PRODUCT to LICENSOR, at LICENSEE'S cost, for sale by LICENSOR
                  through LICENSOR's existing distribution channels, including,
                  without limitation, any further stock on hand upon expiration
                  of the sell-off period set forth in Paragraph 11.d of the
                  LICENSE AGREEMENT, should LICENSOR opt to purchase such stock
                  on hand in lieu of it being destroyed.



                                       20
<PAGE>   22

                                    RIDER TO
                                LICENSE AGREEMENT

         This Rider is attached to and made part of the License Agreement
("Agreement"), dated the 10th day of March, 1999 between SUZY'S ZOO
("Licensor"), duly represented by MOON MESA MEDIA, LLC, ("Representative"), and
GERBER CHILDRENSWEAR, INC. ("Licensee"). Paragraph references herein correspond
to those contained in the Agreement.

         The Agreement shall be modified as follows:

3.b      The second sentence shall be deleted in its entirety and replaced with
         the following:

         ""Net Sales" for purposes of this Agreement shall mean the gross
         selling price by LICENSEE to LICENSEE'S bona fide, third party
         customers for the sale of Licensed Products, less sales taxes, shipping
         costs, customary discounts and allowances, and credits for returns
         actually made and allowed (hereinafter "Deductions")."

         The following shall be added at the end of the third sentence,
         following the words, "uncollectible accounts":

         "in excess of an amount equal to two percent (2%) of Net Sales or
         LICENSEE'S actual uncollectible accounts, whichever shall be lower".

6.c      The second sentence shall be deleted in its entirety and replaced with
         the following:

         "Failure of LICENSOR to disapprove an item within ten (10) working days
         of receipt of a representative sample shall be deemed an approval."

11.b.    This paragraph shall be deleted in its entirety and superseded by the
         Section entitled "Product Introduction" in Schedule "A."

         Except as herein expressly modified, the Agreement remains in full
force and effect.

                                  END OF RIDER

/s/ RLL / SSH / DLG
-------------------

Initialed behalf of Licensor/Representative/Licensee


                                       21