Exhibit 10.18


                                  [LETTERHEAD]

                        Southern Accessories Today, Inc.
                          "The Total Accessory Source"

To: GuildMaster

     Southern  Accessories  Today,  Inc.  hereby  agrees  to  sublease  to  you
     approximately  600 square  feet of  showroom  space  located on the twelfth
     floor of the Atlanta  Merchandise  Mart,  being known as Space 12A1 at the
     Atlanta Merchandise Mart,  Atianta,  Georgia (the "Premises") to be used by
     you, only as showroom  space,  for the term  commencing  June 1, 1998,  and
     continuing until  terminated  pursuant to Paragraph 7, at a monthly rate of
     $750.00.  The current  Monthly rent amount is subject to an adjustment each
     year  effective  January  1st, of 3%. By  accepting  this lease you further
     agree as follows:

     1. That the  monthly  rent due each  month is to be mailed to arrive in our
     Corporate Office on the 1st business day of each month.

     2. You agree to tender to us, or the builder or supplier, within 10 days of
     your  receipt  of a  statement  therefore,  an  amount  equal to 50% of the
     expenses in initially fixturing and thereafter  maintaining the area in our
     space in which you have the right to display  your  products.  All expenses
     for fixturing are discussed for approval in advance.

     (b) You agree to tender to us, within fourteen (14) days of your receipt of
     our notice, a contribution  towards the cost of Market  Hospitality  during
     two major  Market held in January and July and two smaller  markets held in
     March and September at the Atlanta  Merchandise Mart each year. This amount
     is subject to review and adjustment  each year. You will be notified of the
     exact amount due prior to each market This amount is not to exceed  5650.00
     for the first year of this Agreement

     3. Not to make nor permit to be made any  alteration  or  additions  to the
     Premises nor sublet your space, without our prior written consent

     4. To be  solely  responsible  to insure  any  goods  which you may have on
     display  in the  Premises  both while  they are  physically  located on the
     Premises and while they are in transit to and from the Premises.

     5. To  indemnify  us from  any  claims,  demands  and  actions  arising  in
     connection  with  your  use  of the  Premises,  or  the  use by any  person
     occupying the Premises during the term hereof or by reason of any breach or
     non-performance of any covenant herein or any law or regulation by you.

     6. If the Premises shall be damaged by fire or other casualty,  or taken or
     condemned,  we may, at our option,  terminate  this  Sublease  Agreement in
     which any event any unearned  rent paid in advance shall by returned to you
     and you shall surrender possession of the Premises to us.

     7. (a) Either party may terminate this Sublease  Agreement upon thirty days
     advance written notice. Any rent paid in advance shall be refunded to you.

     (b) So long as you are current in, all payments to us, upon termination, we
     shall allow you to enter the Premises,  within ten days of termination,  so
     that you may pack and  remove  your  goods.  Or, at your  option and in any
     event if you do not pack your goods  within said ten day  period,  we shall
     engage a professional  packing  company to pack your goods for you, at your
     expense,  and we shall then ship same to you. COD.  Under no  circumstances
     shall we be  obligated  to accept or retain  your goods as payment  for any
     sums owed by you to us,  either.  during the term hereof or  subsequent  to
     termination of the Agreement.

  Corporate Office: 3350 Hardee Ave. / Atlanta, Georgia 30341 / (800) 466-8728
12A2 Atlanta Merchandise Mart/240 Peachtree St., N.W./Atlanta,Georgia 30303-1302
                                / (404) 581-0811

<PAGE>

     8. You hereby  expressly  release us from  liability for any and all damage
     which may occur to your goods  while  they are on display at the  Premises.
     except for any such loss or damage which is the direct  result of our gross
     negligenceGuildmaster  is  responsible  for any damage to the product  that
     occrred  during  shipment to the  showroom or that is the result of natural
     disaster (in the even that the disaster was caused by us or our employees -
     for  example  starting a fire we would be  responsible  for the  deductible
     portion not covered by your  insurance.) For the purposes of this agreement
     "gross negligence" is herein defined as including but not limited to : loss
     of goods through breakage,  then, sales not reported an/or paid to you. and
     damage to goods that are in our possession for display.

     9. All notices and demands  which may or are required to be given by either
     of us shall  be made in  person  or in  writing  and  mailed  by  U.S.P.O.,
     certified,  return receipt request as follows:  If to Southern  Accessories
     Today, Inc.:

                        Southern Accessories Today, Inc.:
                                 3350 Hardee Ave
                                Atlanta, GA 30341

     If to you:
                                   GuildMaster
                                  PO Box 10725
                             Springfield, MO, 65808

     Notices shall be deemed effectively given on the date of actual receipt.

     10. The Sublease  Agreement  shall be construed and enforced  under Georgia
     law in all  respects.  The covenants and  agreements  contained  herein are
     binding  upon and shall inure to the benefit of the patties  hereto,  their
     respective  successors,  legal  representative and permitted assigns.  This
     Sublease  Agreement  represents the full and complete  understanding of the
     parties hereto regarding the subject matter contained herein and supersedes
     all prior, oral or written, agreements with regard to such subject matter.

     If these terms are acceptable to you,  please execute a copy and rerun same
     to us with your first month's rent check.

     Sincerely,

     SOUTHERN ACCESSORIES TODAY, INC

     By: /s/

     Agreed and accepted this 9 day of June, 1998




     By: /s/            , CFO GuildMaster, Inc.
     --------------------------------------------------
     Date: June 15, 1998

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