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                                                                    EXHIBIT 10.7

                                     FORM OF
                               WARRANT TO PURCHASE
                                  COMMON STOCK

THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT
BEEN REGISTERED FOR RESALE UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
"ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, TRANSFERRED,
PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS
TO SUCH SECURITIES AND SUCH DISPOSITION FILED UNDER THE ACT, OR AN EXEMPTION
FROM REGISTRATION, AND COMPLIANCE WITH APPLICABLE STATE SECURITIES LAWS. THE
ISSUER MAY REQUIRE AN OPINION OF COUNSEL SATISFACTORY TO THE ISSUER HEREOF THAT
SUCH REGISTRATION IS NOT REQUIRED AND THAT SUCH LAWS ARE COMPLIED WITH.

Void After 5:00 p.m., Eastern Time, on April 26, 2007                  No. ____

                               Warrant to Purchase
                              __________ shares of
                     Common Stock, par value $.01 per share
                                       of
                                  DESIGNS, INC.

          This is to Certify That, FOR VALUE RECEIVED, the receipt and
sufficiency of which is hereby acknowledged, ______________________________ (the
"HOLDER") is entitled to purchase, subject to the provisions of this Warrant,
from Designs, Inc. ("COMPANY"), a Delaware corporation, at any time prior to
5:00 p.m., Eastern Time, on April 26, 2007, a total of __________ shares of
Common Stock, par value $.01 per share, of the Company ("SECURITIES") at an
initial purchase price of $8.50 (EIGHT DOLLARS AND FIFTY CENTS) per share. The
number of Securities to be received upon the exercise of this Warrant and the
price to be paid for the Securities may be adjusted from time to time as
hereinafter set forth. The number of Securities to be received upon the exercise
of this Warrant in effect at any time and as adjusted from time to time is
hereinafter sometimes referred to as the "EXERCISE RATE" and the purchase price
per Security in effect at any time and as adjusted from time to time, and
subject to the minimum purchase price set forth in Section 7(l), is hereinafter
sometimes referred to as the "EXERCISE PRICE" per Security. This Warrant is or
may be one of a series of Warrants identical in form issued by the Company to
purchase an aggregate of 2,891,471 shares of Common Stock. The Securities, as
adjusted from time to time, together with any other Securities issuable upon
exercise of this Warrant are hereinafter sometimes referred to as "WARRANT
SECURITIES". Certain capitalized terms used in this Warrant are defined in
Section 14 hereof.

               1.   EXERCISE OF WARRANT. This Warrant may be exercised at the
option of the Holder in whole or in part at any time or from time to time
beginning at such time as the Company has obtained the requisite stockholder
approval required by Nasdaq for the issuance of such shares of Common Stock (the
"Stockholder Approval"), but prior to 5:00 p.m., Eastern Time on April 26, 2007,
or if April 26, 2007, is a Saturday, Sunday or a day on which banking
institutions in New York, New York are authorized by law to close, then on the
next succeeding day (a "BUSINESS DAY") which shall not be such a day, by
presentation and surrender hereof to the Company or at the office of its stock
transfer agent, if any, with the Purchase Form annexed hereto duly executed, and
accompanied by payment of the Exercise Price, for the number of Securities
specified in such Form, together with all federal and state taxes applicable
upon such exercise. If, upon exercise of this Warrant,

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the Warrant Securities issuable upon exercise of this Warrant are not then
registered under the Act pursuant to an effective registration statement
thereunder, the Holder shall be deemed to have represented and warranted to the
Company that such Holder (x) is a "qualified institutional buyer" as defined in
Rule 144A under the Act or and "accredited investor" as defined in Rule 501
under the Act, in either case with such knowledge and experience in financial
and business matters as is necessary to evaluate the merits and risks of an
investment in the Warrant Securities, and (y) such Holder is not acquiring the
Warrant Securities with a view to any distribution thereof or with any intention
of offering or selling any Warrant Securities in a transaction that would
violate the Act or the securities laws of any state of the United States. If
this Warrant should be exercised in part only, the Company shall, upon surrender
of this Warrant for cancellation, execute and deliver a new Warrant evidencing
the right of the Holder to purchase the balance of the Securities purchasable
hereunder. Upon receipt by the Company of this Warrant at the office of the
Company or at the office of the Company's stock transfer agent, in proper form
for exercise and accompanied by the Exercise Price, if and as applicable, the
Holder shall be deemed to be the holder of record of the Securities issuable
upon such exercise, notwithstanding that the stock transfer books of the Company
shall then be closed or that certificates representing such Securities shall not
then be actually delivered to the Holder. It is understood and agreed that this
Warrant shall not be exercisable until Stockholder Approval is obtained.

               2.   RESERVATION OF SECURITIES. The Company hereby agrees that at
all times there shall be reserved for issuance and/or delivery upon exercise of
this Warrant such number of shares of Securities as shall be required for
issuance or delivery upon exercise of this Warrant. The Company covenants and
agrees that, upon exercise of this Warrant and payment of the Exercise Price
therefor, if and as applicable, all Securities and other securities issuable
upon such exercise shall be duly and validly issued, fully paid, non-assessable
and not subject to the preemptive rights of any stockholder. As long as this
Warrant shall be outstanding, the Company shall use its best efforts to cause
all Securities issuable upon the exercise of this Warrant to be listed (subject
to official notice of issuance) on all securities exchanges or quotation systems
on which its Common Stock issued may then be listed and/or quoted.

               3.   FRACTIONAL SHARES. No fractional shares or scrip
representing fractional shares shall be issued upon the exercise of this
Warrant. With respect to any fraction of a share called for upon any exercise
hereof, the Company shall pay to the Holder an amount in cash equal to such
fraction multiplied by the Prior Day Market Value of such fractional share.

               4.   LOSS OF WARRANT. Upon receipt by the Company of evidence
satisfactory to it of the loss, theft, destruction or mutilation of this
Warrant, and (in the case of loss, theft or destruction) of reasonably
satisfactory indemnification, and upon surrender and cancellation of this
Warrant, if mutilated, the Company will execute and deliver a new Warrant of
like tenor and date. Any such new Warrant executed and delivered shall
constitute an additional contractual obligation on the part of the Company,
whether or not the Warrant so lost, stolen, destroyed, or mutilated shall be at
any time enforceable by anyone.

               5.   RIGHTS OF THE HOLDER. The Holder shall not, by virtue
hereof, be entitled to any rights of a stockholder in the Company, either at law
or equity, and the rights of the Holder are limited to those expressed in this
Warrant and the registration rights agreement referred to in Section 16 hereof.

               6.   CERTAIN NOTICES TO WARRANT HOLDERS. The Company shall give
prompt written notice to the Holder of any determination to make a distribution
to the holders of its Common Stock of any cash dividends, assets, debt
securities, preferred stock, or any rights or warrants to purchase debt
securities, preferred stock, assets or other securities (other than Common
Stock, or rights, options, or warrants to purchase Common Stock) of the Company,
which notice shall state the nature and amount of such planned dividend or
distribution and the record date therefor, and shall be received by the Holder
or sent to the Holder by reputable overnight

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courier, in either case to its address as provided in Section 8, at least 10
days prior to such record date therefor. The Company shall provide notice to the
Holder that any tender offer is being made for securities of the same class as
any Warrant Securities no later than the first Business Day after the day the
Company becomes aware of any such tender offer. Notwithstanding any notice
provided to the Holder pursuant to this Section 6, the Holder shall be entitled
to any and all applicable adjustments to the Exercise Rate and the Exercise
Price per Security as provided in Section 7 arising out of any event requiring
notice to the Holder in this Section 6.

               7.   ADJUSTMENT OF EXERCISE RATE AND EXERCISE PRICE.

               The Exercise Rate and the Exercise Price are subject to
adjustment from time to time upon the occurrence of the events enumerated in
this Section 7. The Exercise Rate shall initially be the number of Securities
for which this Warrant is initially exercisable as set forth in the introductory
paragraph to this Warrant. In the event that this Warrant is transferred or
exercised in part, the initial Exercise Rate of the portion not exercised or
transferred shall be adjusted proportionately as shall the initial Exercise Rate
of any partial transfer of this Warrant. For the purposes of Sections 7(a) and
7(b), (i) shares of Common Stock issuable upon the exercise of this Warrant and
all other warrants of the same series as this Warrant shall be deemed to be
outstanding and (ii) all shares of Common Stock that would be deemed to be
outstanding as of the date of determination in respect of Convertible
Securities, as determined in accordance with GAAP, shall be deemed to be
outstanding.

          (a)  ADJUSTMENT FOR CHANGE IN CAPITAL STOCK. If, after the Issue
Date, the Company:

               (i)   pays a dividend or makes a distribution on shares of its
          Common Stock payable in shares of its Common Stock (except to the
          extent any such dividend results in the grant, issuance, sale or
          making of Distribution Rights or Distributions (each as defined in
          Section 7(c)) to the Holder pursuant to Section 7(c));

               (ii)  subdivides or splits its outstanding shares of Common Stock
          into a greater number of shares; or

               (iii) combines its outstanding shares of Common Stock into a
          smaller number of shares;

then (1) the Exercise Rate in effect immediately prior to such action for this
Warrant shall be adjusted by multiplying the Exercise Rate in effect immediately
prior to such action by a fraction (A) the numerator of which shall be the
number of shares of Common Stock outstanding immediately after such action and
(B) the denominator of which shall be the number of shares of Common Stock
outstanding immediately prior to such action or the record date applicable to
such action, if any and (2) the Exercise Price per Security in effect
immediately prior to such action shall be adjusted by multiplying the Exercise
Price per Security in effect immediately prior to such action by a fraction (A)
the numerator of which is one and (B) the denominator of which shall be the
fraction calculated in clause (1) of the above formula. The adjustments shall
become effective immediately after the record date in the case of a dividend or
distribution and immediately after the effective date in the case of a
subdivision or combination. In the event that such dividend or distribution is
not so paid or made or such subdivision, combination or reclassification is not
effected, the Exercise Rate and the Exercise price per Security shall again be
adjusted to be the Exercise Rate and the Exercise Price per Security which would
then be in effect if such record date or effective date had not been so fixed.

          (b)  ADJUSTMENT FOR CERTAIN SALES OF COMMON STOCK BELOW CURRENT MARKET
VALUE. If, after the Issue Date, the Company (i) grants or sells to any
Affiliate of the Company (other than a wholly owned subsidiary of the Company)
or (ii) grants, sells or offers to grant or sell to all holders of Common Stock,
any shares of Common Stock or Convertible Securities (other than, in the case of
each of clauses (i) and (ii),

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(1) pursuant to any Convertible Security or other right outstanding as of the
Issue Date or issuable in connection with the Transactions and financing
therefor and the fees and expenses thereof, or (2) upon the conversion, exchange
or exercise of any Convertible Security or other right as to which upon the
issuance thereof an adjustment pursuant to this Section 7 has been made), at a
price below the then Current Market Value, the Exercise Rate and the Exercise
price per Security for this Warrant shall be adjusted in accordance with the
formulae:

          E(1)    =         E X (O+N)         $(1)    =      $ X (O + N X P/M)
                        -----------------                    -----------------
                        (O + (N X P/M))                           (O + N)

where:

          E(1)    =        the adjusted Exercise Rate for this Warrant;

          E       =        the then current Exercise Rate for this Warrant;

          $(1)    =        the adjusted Exercise Price per Security for this
                           Warrant;

          $       =        the then current Exercise Price per Security for this
                           Warrant;

          O       =        the number of shares of Common Stock outstanding
                           immediately prior to the sale of such Common Stock or
                           issuance of Convertible Securities;

          N       =        the number of shares of Common Stock so sold or the
                           maximum stated number of shares of Common Stock
                           issuable upon the conversion, exchange or exercise of
                           any such Convertible Securities;

          P       =        the proceeds per share of Common Stock received by
                           the Company, which (i) in the case of shares of
                           Common Stock is the amount received by the Company in
                           consideration for the sale and issuance of such
                           shares; and (ii) in the case of Convertible
                           Securities is the amount received by the Company in
                           consideration for the sale and issuance of such
                           Convertible Securities, plus the minimum aggregate
                           amount of additional consideration, other than the
                           surrender of such Convertible Securities, payable to
                           the Company upon exercise, conversion or exchange
                           thereof; and

          M       =        the Current Market Value as of the Time of
                           Determination or at the time of sale, as the case may
                           be, of a share of Common Stock.

          The adjustments shall become effective immediately after the record
date for the determination of shareholders entitled to receive the rights,
warrants or options to which this paragraph (b) applies or upon consummation of
the sale of Common Stock, as the case may be. To the extent that shares of
Common Stock are not delivered after the expiration of such rights, warrants or
options or exercise, conversion or exchange rights in respect to such
Convertible Securities, the Exercise Rate and the Exercise Price per Security
for this Warrant shall be readjusted to the Exercise Rate and the Exercise Price
per Security which would otherwise be in effect had the adjustment made upon the
issuance of such rights, warrants or options or Convertible Securities been made
on the basis of delivery of only the number of shares of Common Stock actually
delivered. In the event that such rights or warrants are not so issued, the
Exercise Rate and the Exercise Price per Security for this Warrant shall again
be adjusted to be the Exercise Rate and the Exercise Price per Security which
would then be in

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                                       -5-

effect if such date fixed for determination of shareholders entitled to receive
such rights, warrants or options had not been so fixed.

          No adjustments shall be made under this paragraph (b) if the
application of the formula stated above in this paragraph (b) would result in a
value of E(1) that is lower than the value of E.

          No adjustments shall be made under this paragraph (b) for any
adjustments which are the subject of paragraphs (a), (c) or (e) of this Section
7.

          Anything in this Warrant to the contrary notwithstanding, an event
which would otherwise give rise to adjustments pursuant to this Section 7(b)
shall not give rise to such adjustments if the Company grants, sells or offers
to sell shares of Common Stock or Convertible Securities, in each case on the
same terms as the underlying event, to the Holder on a PRO RATA basis, assuming
for the purpose of this Section 7(b) that all warrants of the same series as
this Warrant had been exercised.

          Notwithstanding the foregoing, no adjustment in the Exercise Rate or
the Exercise Price per Security will be required in respect of: (a) the grant of
any stock option or other stock incentive award pursuant to any present stock
option or stock incentive plan or arrangement or pursuant to any other customary
compensatory stock option or stock incentive plan for employees, officer and/or
directors, (b) the grant of any stock option or stock incentive award at an
exercise price at least equal to the then Prior Day Market Value or (c) the
exercise of any stock option or stock incentive award or similar award or right.

          (c)  ADJUSTMENT UPON CERTAIN DISTRIBUTIONS.

               (i)  If at any time after the Issue Date the Company grants,
          issues or sells options, any Convertible Security, or rights to
          purchase capital stock or other securities (other than Common Stock)
          PRO RATA to the record holders or series of Common Stock
          ("DISTRIBUTION RIGHTS") or, without duplication, makes any
          distribution (other than a distribution pursuant to a plan of
          liquidation) other than a Permitted Cash Dividend (a "DISTRIBUTION")
          on shares of Common Stock (whether in cash, property, evidences of
          indebtedness, or otherwise), then the Exercise Rate and the Exercise
          Price per Security shall be adjusted in accordance with the formulae:

          E(1) =           E X (M/(M-F))       $(1)     =      $ X ((M-F)/M)

where:

          E(1)    =        the adjusted Exercise Rate;

          E       =        the current Exercise Rate for this Warrant;

          $(1)    =        the adjusted Exercise Price per Security for this
                           Warrant;

          $       =        the current Exercise Price per Security for this
                           Warrant;

          M       =        the Current Market Value per share of Common Stock at
                           the Time of Determination;

          F       =        the fair market value at the Time of Determination
                           of such portion of the options, Convertible
                           Securities, capital stock or other securities, cash,
                           property or assets distri-

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                           butable pursuant to such Distribution Rights or
                           Distribution per share of outstanding Common Stock.

          The adjustments shall become effective immediately after the Time of
Determination with respect to the shareholders entitled to receive the options,
Convertible Securities, warrants, cash, property, evidences of indebtedness or
other securities or assets to which this paragraph (c)(i) applies. No
adjustments shall be made under this paragraph (c) if the application of the
formula stated above in this paragraph (c)(i) would result in a value of E(1)
that is lower than the value of E. This paragraph (c)(i) does not apply to any
securities which result in adjustments pursuant to paragraphs (a) or (b) of this
Section 7.

               (ii)  Anything in this Warrant to the contrary notwithstanding,
          an event which would otherwise give rise to adjustments pursuant to
          Section 7(c)(i) shall not give rise to such adjustments (or to
          adjustments pursuant to any other provision of this Section 7) if the
          Company grants, issues or sells Distribution Rights to the Holder or
          includes the Holder in such Distribution, in each case on a PRO RATA
          basis, assuming for the purpose of this Section 7(c)(ii) that all
          warrants of the same series as this Warrant had been exercised.

               (iii) Notwithstanding anything to the contrary set forth in this
          Section 7(c), if, at any time, the Company makes any distribution
          pursuant to any plan of liquidation (a "LIQUIDATING DISTRIBUTION") on
          shares of Common Stock (whether in cash, property, evidences of
          indebtedness or otherwise), then, subject to applicable law, the
          Company shall make to the Holder the aggregate Liquidating
          Distribution which the Holder would have acquired if the Holder had
          held the maximum number of shares of Common Stock acquirable upon the
          complete exercise of this Warrant immediately before the Time of
          Determination of shareholders entitled to receive Liquidating
          Distributions.

          (d)  NOTICE OF ADJUSTMENTS. Whenever the Exercise Rate and Exercise
Price per Security are adjusted, the Company shall promptly mail to the Holder a
notice of the adjustments. The Company shall also provide the Holder with a
certificate from the Company's independent public accountants briefly stating
the facts requiring the adjustments and the manner of computing it. The
certificate shall be conclusive evidence that the adjustments are correct,
absent manifest error.

          (e)  REORGANIZATION OF COMPANY; FUNDAMENTAL TRANSACTION.

               (i)  If (x) the Company shall reclassify its Common Stock (other
          than a change in par value, or from par value to no par value, or a
          subdivision or combination thereof), or (y) the Company, in a single
          transaction or through a series of related transactions, consolidates
          with or merges with or into any other person or sells, assigns,
          transfers, leases, conveys or otherwise disposes of all or
          substantially all of its properties and assets to another person or
          group of affiliated persons or is a party to a merger or binding share
          exchange which, in the case of any of the transactions referred to in
          this clause (y), reclassifies or changes its outstanding Common Stock
          (each of (x) and (y) above being referred to as a "FUNDAMENTAL
          TRANSACTION"), as a condition to consummating any such Fundamental
          Transaction, the Company, in the case of any such reclassification
          referred to in clause (x), or the person formed by or surviving any
          such consolidation or merger if other than the Company or the person
          to whom such transfer has been made in the case of clause (y) above
          (the "SURVIVING Person"), shall enter into a supplemental warrant
          agreement. The supplemental warrant agreement shall provide (a) that
          the Holder may exercise this Warrant for the kind and amount of
          securities, cash or other assets which the Holder would have received
          immediately after the Fundamental Transaction if the Holder had
          exercised this Warrant immediately before the effective date of the
          transaction, assuming (to the extent applicable) that the Holder (i)
          was not a constituent person or an affiliate of a constituent person
          to any transaction de-

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                                       -7-

          scribed in clause (y) above, (ii) made no election with respect to any
          transaction described in clause (y) above, and (b) in the case of any
          transaction described in clause (y) above, that the Surviving Person
          shall succeed to and be substituted to every right and obligation of
          the Company in respect of this Warrant. The supplemental warrant
          agreement shall provide for adjustments which shall be as nearly
          equivalent as may be practicable to the adjustments provided for in
          this Section 7. The Surviving Person or the Company, as applicable,
          shall mail to the Holder a notice briefly describing the supplemental
          warrant agreement. If the issuer of securities deliverable upon
          exercise of this Warrant is an affiliate of a Surviving Person, that
          issuer shall join in the supplemental warrant agreement.

               (ii)  Notwithstanding the foregoing, if a Fundamental Transaction
          shall occur and, upon consummation of such Fundamental Transaction,
          consideration is payable to holders of shares of Common Stock which
          consideration consists solely of cash, assuming (to the extent
          applicable) that the Holder (i) was not a constituent person or an
          affiliate of a constituent person to a transaction described in
          Section 7(e)(i)(y) above and (ii) made no election with respect
          thereto, then the Holder shall be entitled to receive distributions
          upon consummation of such Fundamental Transaction on an equal basis
          with holders of Common Stock as if this Warrant had been exercised
          immediately prior to such event, less the aggregate Exercise Price
          therefor; PROVIDED that the Company or the Surviving Person, as the
          case may be, may require the surrender of this Warrant to such person
          prior to making any such distribution to the Holder. Upon receipt of
          such payment, if any, the rights of the Holder shall terminate and
          cease and this Warrant shall expire.

               (iii) If this paragraph (f) applies, it shall supersede the
          application of paragraph (a), (b) or (c) of this Section 7.

          (f)  OTHER EVENTS If any event occurs as to which the provisions of
this Section 7 are not strictly applicable or, if strictly applicable, would
not, in the good faith judgment of the board of directors of the Company, fairly
and adequately protect the rights of the Holder in accordance with the essential
intent and principles of such provisions, then such board of directors shall
make such adjustments in the application of such provisions, in accordance with
such essential intent and principles, as shall be reasonably necessary, in the
good faith opinion of such board of directors, to protect such rights as
aforesaid, but in no event shall any such adjustment have the effect of
decreasing the Exercise Rate or decreasing the number of Securities issuable
upon exercise of this Warrant or increasing the Exercise Price per Security.

          (g) COMPANY DETERMINATION FINAL. Any determination that the Company or
the board of directors of the Company must make pursuant to this Section 7 shall
be conclusive, absent manifest error.

          (h)  SPECIFICITY OF ADJUSTMENTS. Regardless of any adjustments in the
number or kind of shares purchasable upon the exercise of this Warrant or the
Exercise Price per Security, this Warrant may continue to express the same
number and kind of Securities initially issuable pursuant to this Warrant and
the initial Exercise Price per Security as set forth in the first paragraph
hereof.

          (i)  VOLUNTARY ADJUSTMENT. The Company from time to time may increase
the Exercise Rate and correspondingly decrease the Exercise Price per Security
by any number and for any period of time; PROVIDED, HOWEVER, that such period is
not less than 20 Business Days. Whenever the Exercise Rate is so increased and
the Exercise Price per Security is so decreased, the Company shall mail to the
Holder a notice thereof. The Company shall give the notice at least 10 days
before the date the increased Exercise Rate and decreased Exercise Price per
Security takes effect. The notice shall state the increased Exercise Rate and
decreased Exercise Price per Security and the period it will be in effect. A
voluntary increase in the Exercise Rate and

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                                       -8-

decrease in the Exercise Price per Security shall not change or adjust the
Exercise Rate or Exercise Price per Security otherwise in effect as determined
by this Section 7.

          (j)  MULTIPLE ADJUSTMENTS. After an adjustment to the Exercise Rate
and Exercise Price per Security for this Warrant under this Section 7, any
subsequent event requiring an adjustment under this Section 7 shall cause an
adjustment to the Exercise Rate and Exercise Price per Security for this Warrant
as so adjusted.

          (k)  WHEN DE MINIMIS ADJUSTMENT MAY BE DEFERRED. No adjustment in the
Exercise Rate or Exercise Price per Security shall be required unless such
adjustment would require an increase or decrease of at least 1% in the Exercise
Rate; PROVIDED, HOWEVER, that any adjustments which by reason of the foregoing
are not required to be made shall be carried forward and taken into account in
any subsequent adjustment. All calculations of the Exercise Rate shall be
rounded to the nearest whole number. All calculations of the Exercise Price per
Security shall be rounded to the nearest ten thousandth of one cent. No
adjustments need be made for a change in the par value of the Common Stock and
no adjustments shall be deferred beyond the date on which this Warrant is
exercised.

          (l)  Notwithstanding any adjustment to the Exercise Price called for
by this Section 7, in no event will the Exercise Price per share of Common Stock
be adjusted to an amount that is less than the par value per share of the Common
Stock at the time of such adjustment, and if, but for the provisions of this
Section 7(l), an adjustment to the Exercise Price would be required under this
Section 7 that would result in an Exercise Price per share of Common Stock that
is less than the par value per share of the Common Stock, then the Exercise
Price shall be adjusted such that the Exercise Price per share of Common Stock
equals the par value of the Common Stock.

          (m)  AMENDMENTS OF THE CERTIFICATE OF INCORPORATION. The Company shall
not amend its Certificate of Incorporation to increase the par value of any
Warrant Security such that such par value would exceed the Exercise Price per
share of such Warrant Security.

               8.   NOTICES. Any notices or certificates by the Company to the
Holder and by the Holder to the Company shall be deemed delivered if in writing
and delivered personally or sent by certified mail or reputable overnight
courier, to the Holder, addressed as set forth in the Instructions for
Registration of Warrant delivered to the Company, which may be superseded from
time to time upon notice to the Company, and, if to the Company, addressed to
Designs, Inc., 66 B Street, Needham Massachusetts, 02494, Attention: Chief
Financial Officer. The Company may change its address by written notice to the
Holder.

               9.   LIMITATIONS ON TRANSFERABILITY. This Warrant may be divided
or combined, upon request to the Company by the Holder, into a certificate or
certificates evidencing the same aggregate number of Warrants. This Warrant may
not be offered, sold, transferred, pledged or hypothecated (i) in the absence of
an effective registration statement as to this Warrant and such transaction
filed under the Act, or an exception from the requirement of such registration,
and compliance with the applicable federal and state securities laws, (ii) in an
amount representing the right to purchase fewer than 140,000 shares of Common
Stock, and (iii) with the consent of the Company, which consent shall not
unreasonably be withheld. The Company may require an opinion of counsel
satisfactory to the Company that such registration is not required and that such
laws are complied with. The Company may treat the registered holder of this
Warrant as he or it appears on the Company's books at any time as the Holder for
all purposes. The Company shall permit the Holder or his duly authorized
attorney, upon written request during ordinary business hours, to inspect and
copy or make extracts from its books showing the registered holders of Warrants.

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                                       -9-

               10.  TRANSFER TO COMPLY WITH THE SECURITIES ACT OF 1933. The
Company may cause the following legend, or one similar thereto, to be set forth
on this Warrant and on each certificate representing Warrant Securities, or any
other security issued or issuable upon exercise of this Warrant, unless (a) the
Company has received an opinion of counsel satisfactory to the Company as to any
such certificate that such legend, or one similar thereto, is unnecessary or (b)
a registration statement with respect to this Warrant and the Warrant Securities
has become effective under the Act.

          "THIS SECURITY HAS NOT BEEN REGISTERED FOR RESALE UNDER THE SECURITIES
          ACT OF 1933, AS AMENDED (THE "ACT"), OR ANY STATE SECURITIES LAWS AND
          MAY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE
          ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITY AND
          SUCH DISPOSITION FILED UNDER THE ACT, OR AN EXEMPTION FROM
          REGISTRATION, AND COMPLIANCE WITH APPLICABLE STATE SECURITIES LAWS.
          THE ISSUER MAY REQUIRE AN OPINION OF COUNSEL SATISFACTORY TO THE
          ISSUER HEREOF THAT SUCH REGISTRATION IS NOT REQUIRED AND THAT SUCH
          LAWS ARE COMPLIED WITH."

               11.  APPLICABLE LAW. This Warrant shall be governed by, and
construed in accordance with, the laws of the State of New York, without giving
effect to conflict of law principles.

               12.  AMENDMENTS. This Warrant may not be amended except in a
writing signed by the Holder and the Company.

               13.  SEVERABILITY. If any provisions of this Warrant shall be
held to be invalid or unenforceable, such invalidity or enforceability shall not
affect any other provision of this Warrant.

               14.  CERTAIN DEFINITIONS. In addition to the capitalized terms
defined elsewhere in this Warrant, the following capitalized terms shall have
the meanings set forth below.

          "ACT" shall mean the Securities Act of 1933, as amended, together with
the rules and regulations promulgated thereunder.

          "AFFILIATE" of a person shall mean a person who directly or indirectly
through one or more intermediaries controls, or is controlled by, or is under
common control with, such person. The term "control" means the power to direct
or cause the direction of the management and policies of a person, whether
through the ownership of voting securities, by contract or otherwise.

          "CONVERTIBLE SECURITY" shall mean any security convertible into or
exchangeable or exercisable for Common Stock, including but not limited to,
rights, options or warrants entitling the holder thereof to acquire Common Stock
or any security convertible into or exchangeable for Common Stock.

          "CURRENT MARKET VALUE" per share of Common Stock of the Company at any
date shall mean:

               (1)  if Common Stock is not then registered under the Exchange
          Act and traded on a national securities exchange or on the Nasdaq
          National Market System,

                    (a) the value of such Common Stock, determined in good faith
               by the board of directors of the Company and certified in a board
               resolution, taking into account the most recently completed
               arms-length transaction between the Company and a person other
               than an Af-

<Page>

                                      -10-

               filiate of the Company and the closing of which occurs on such
               date or shall have occurred within the six-month period preceding
               such date, or

                    (b)  if no such transaction shall have occurred on such date
               or within such six-month period, the fair market value of the
               security as determined by a nationally recognized investment
               bank; PROVIDED, HOWEVER, that, in the case of the calculation of
               Current Market Value for determining the cash value of fractional
               shares, no such determination by an investment bank shall be
               required and the good faith judgment of the board of directors as
               to such value shall be conclusive, or

               (2)  (a)  if Common Stock is then registered under the Exchange
          Act and traded on a national securities exchange or on the Nasdaq
          National Market System, the average of the daily closing sales prices
          of such Common Stock for the 20 consecutive trading days immediately
          preceding such date, or

                    (b)  if Common Stock has been registered under the Exchange
               Act and traded on a national securities exchange or on the Nasdaq
               National Market System for less than 20 consecutive trading days
               before such date, then the average of the daily closing sales
               prices for all of the trading days before such date for which
               closing sales prices are available,

          in the case of each of (2)(a) and (2)(b), as certified by the Chief
          Executive Officer, the President, any Executive Vice President or the
          Chief Financial Officer or Treasurer of the Company. The closing sales
          price of each such trading day shall be the closing sales price,
          regular way, on such day or, if no sale takes place on such day, the
          average of the closing bid and asked prices on such day.

          "EXCHANGE ACT" shall mean the Securities Exchange Act of 1934, as
amended, together with the rules and regulations promulgated thereunder.

          "GAAP" shall mean generally accepted accounting principles in the
United States as in effect on April 26, 2002.

          "ISSUE DATE" shall mean __________, 2002.

          "PERMITTED CASH DIVIDEND" shall mean any cash dividend in respect of
Common Stock that, together with all such dividends (other than dividends with
respect to which an adjustment has been made pursuant to Section 7(c)(i) or a
dividend which was also paid on a pro rata basis to the Holder as contemplated
by Section 7(c)(ii)) declared in respect of Common Stock during the previous
twelve months, on a per share basis, does not exceed 10% of the average closing
sales prices per share of the Common Stock for each trading day during such
twelve month period.

          "PRIOR DAY MARKET VALUE" per share of Common Stock of the Company at
any date shall mean:

               (1)  if Common Stock is not then registered under the Exchange
          Act and traded on a national securities exchange or on the Nasdaq
          National Market System, the Current Market Value per share of Common
          Stock, or

               (2)  if Common Stock is then registered under the Exchange Act
          and traded on a national securities exchange or on the Nasdaq National
          Market System, the closing sales price of Common Stock

<Page>

                                      -11-

          for the trading day ending immediately prior to the event causing the
          Prior Day Market Value to be determined.

          "TIME OF DETERMINATION" shall mean (i) in the case of any distribution
of securities or other property to existing shareholders to which Section 7(b)
or (c) applies, the time and date of the determination of shareholders entitled
to receive such securities or property or (ii) in the case of any other issuance
and sale to which Section 7(b) or 7(c) applies, the time and date of such
issuance or sale.

               15. REGISTRATION RIGHTS. In the event that the Holder gives
notice to the Company in accordance with Section 8 hereof of its irrevocable
election to exercise this Warrant and other warrants of the same series as this
Warrant held by such Holder to the extent of at least 280,000 shares of Common
Stock and requests that such shares issuable upon such exercise be registered
under the Act, the Company undertakes to prepare and cause to be filed with the
Securities and Exchange Commission within 30 days thereafter (provided the
Company is then eligible to effect such registration on Form S-3 or any
successor form) a registration statement under the Act relating to resales of
such Common Stock by the Holder, and shall use commercially reasonable efforts
to cause such registration statement to be declared effective within 45 days
after such filing and to keep such registration statement effective for 90 days
or until such earlier time as such Common Stock issued upon exercise has been
sold by the Holder pursuant thereto; PROVIDED, HOWEVER, that the Holder shall be
bound (and if requested by the Company shall confirm in writing that it is so
bound) by reasonable and customary terms for the provision of information by the
Holder, the suspension of sales in the event of material developments regarding
the Company, delays in registration in the event of any offering of securities
for the account of the Company, and other matters, all on substantially the same
terms as may be applicable in one or more cases to holders of other securities
of the Company having similar rights to request registration under the Act.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<Page>

               16. EFFECTIVENESS, ETC. Notwithstanding any other provision
hereof, (i) this Warrant shall not become exercisable unless and until the
Company consummates the Casual Male Acquisition as defined in the Note Agreement
between the Company and certain purchasers of the Company's 12% Senior
Subordinated Notes due 2007 (the "Note Agreement"), and (ii) this Warrant shall
automatically be rescinded, cancelled and of no further force and effect upon
the occurrence of a Mandatory Redemption Event (as defined in the Note
Agreement). Capitalized terms used, but not defined, in this Warrant shall have
the respective meanings ascribed to them in the Note Agreement unless the
context otherwise requires.

                                  DESIGNS, INC.

                                  By:
                                     ------------------------------------------
                                      Name:  David A. Levin
                                      Title:  President

Date: __________, 2002

Attest:

By:
   -----------------------------------------
Name: Dennis R. Hernreich
Title: Chief Financial Officer

<Page>

                                  PURCHASE FORM

                                                        Dated ____________, 20__

          The undersigned hereby irrevocably elects to exercise this Warrant to
the extent of___________shares of Common Stock.

          The undersigned has concurrently herewith made payment of $
in payment of the aggregate Exercise Price.

          If the issuance of the Warrant Securities is not registered under the
Securities Act of 1933, as amended, the undersigned makes the representation and
warranty set forth in Section 1 of this Warrant.

                   INSTRUCTIONS FOR REGISTRATION OF SECURITIES

Name
     ---------------------------------------------------------------------------
             (please typewrite or print in block letters)

Address
        ------------------------------------------------------------------------

Signature
          ----------------------------------------------------------------------

                                 ASSIGNMENT FORM

         FOR VALUE RECEIVED, ___________________________________________________
hereby sells, assigns and transfers unto

Name
     ---------------------------------------------------------------------------
                  (please typewrite or print in block letters)

Address
        ------------------------------------------------------------------------

the right to purchase shares of Common Stock as represented by this Warrant to
the extent of shares of Common Stock as to which such right is exercisable and
does hereby irrevocably constitute and appoint, __________________ attorney, to
transfer the same on the books of the Company with full power of substitution in
the premises.

Signature
          ----------------------------------------------------------------------

Dated: _______________ 20____

<Page>

                    INSTRUCTIONS FOR REGISTRATION OF WARRANT

Name
     ---------------------------------------------------------------------------
                  (please typewrite or print in block letters)

Address
        ------------------------------------------------------------------------

Signature
          ----------------------------------------------------------------------<Page>

                                                                    EXHIBIT 10.8

                          REGISTRATION RIGHTS AGREEMENT

                  This REGISTRATION RIGHTS AGREEMENT (this "Agreement") is made
and entered into as of April 26, 2002, by and between DESIGNS, INC., a Delaware
corporation (the "Company"), and the persons listed on Schedule 1 attached
hereto (the "Securityholders").

                  The Securityholders have entered into Subscription Agreements
(the "Subscription Agreements") with the Company, dated as of the date hereof,
in respect of the issuance and sale to the Securityholders of shares of Common
Stock or shares of Series B Convertible Preferred Stock (the "Preferred Stock"),
which shares of Preferred Stock will become convertible into Common Stock
automatically upon approval by the stockholders of the Company. The Company and
the Securityholders deem it to be in their respective best interests to set
forth the rights of the Securityholders in connection with public offerings and
sales of the Registrable Securities (as hereinafter defined).

                  NOW, THEREFORE, in consideration of the premises and mutual
covenants and obligations hereinafter set forth, the Company and the
Securityholders, intending legally to be bound, hereby agree as follows.

                  SECTION 1. DEFINITIONS. As used in this Agreement, the
following terms shall have the following meanings:

                  "Affiliate" of any Person means any other person who either
directly or indirectly is in control of, is controlled by, or is under common
control with such person.

                  "Business Day" shall mean any Monday, Tuesday, Wednesday,
Thursday or Friday that is not a day on which banking institutions in the City
of New York are authorized by law, regulation or executive order to close.

                  "Common Stock" shall mean the common stock, par value $0.01
per share, of the Company.

                  "Exchange Act" shall mean the Securities Exchange Act of 1934,
as amended (or any similar successor federal statute), and the rules and
regulations thereunder, as the same are in effect from time to time.

                  "Holder" shall mean a Securityholder or any transferee of all
or a portion of the Registrable Securities owned by a Securityholder or Holder.
For purposes of this Agreement, the Company may deem the registered holder of a
Registrable Security as the Holder thereof.

                  "Material Development Condition" shall have the meaning set
forth in Section 6(a) hereof.

                  "Person" or "person" shall mean an individual, partnership,
corporation, limited liability company, joint venture, trust or unincorporated
organization, a government or agency or political subdivision thereof or any
other entity.

<Page>

                  "Prospectus" shall mean the prospectus included in any
Registration Statement, as amended or supplemented by a prospectus supplement
with respect to the terms of the offering of any portion of the Registrable
Securities covered by such Registration Statement and by all other amendments
and supplements to the prospectus, including post-effective amendments and all
material incorporated by reference in such prospectus.

                  "Registrable Securities" shall mean (i) Common Stock issued
pursuant to Subscription Agreements, dated as of the date hereof, between the
Company and a Securityholder, (ii) Underlying Common Stock, and (iii) any other
securities issued or issuable as a result of or in connection with any stock
dividend, stock split or reverse stock split, combination, recapitalization,
reclassification, merger or consolidation, exchange or distribution in respect
of such Common Stock or Underlying Common Stock.

                  "Registration Expenses" shall have the definition set forth in
Section 7 hereof.

                  "Registration Statement" shall mean any registration statement
which covers any of the Registrable Securities pursuant to the provisions of
this Agreement (including without limitation a Shelf Registration Statement),
including the Prospectus included therein, all amendments and supplements to
such Registration Statement, including post-effective amendments, all exhibits
and all materials incorporated by reference in such Registration Statement.

                  "Restricted Securities" shall have the meaning set forth in
Section 2 hereof.

                  "Rule 144" shall mean Rule 144 promulgated under the
Securities Act, as amended from time to time, or any similar successor rule
thereto that may be promulgated by the SEC.

                  "Rule 415" shall mean Rule 415 promulgated under the
Securities Act, as amended from time to time, or any similar successor rule
thereto that may be promulgated by the SEC.

                  "Rule 903" shall mean Rule 903 promulgated under the
Securities Act, as amended from time to time, or any similar successor rule
thereto that may be promulgated by the SEC.

                  "Rule 904" shall mean Rule 904 promulgated under the
Securities Act, as amended from time to time, or any similar successor rule
thereto that may be promulgated by the SEC.

                  "SEC" shall mean the Securities and Exchange Commission, or
any other federal agency at the time administering the Securities Act.

                  "Securities Act" shall mean the Securities Act of 1933, as
amended (or any similar successor federal statute), and the rules and
regulations thereunder, as the same are in effect from time to time.

                                        2
<Page>

                  "Shelf Registration" shall mean the registration of
Registrable Securities for sale on a continuous or delayed basis pursuant to
Rule 415.

                  "Shelf Registration Statement" shall mean a Registration
Statement on Form S-3 (or Form S-1 if Form S-3 is not available) filed in
connection with a Shelf Registration.

                  "Underlying Common Stock" means Common Stock issued or
issuable upon the conversion of any shares of Preferred Stock held by the
Holders.

                  SECTION 2. SECURITIES SUBJECT TO THIS AGREEMENT. The
securities entitled to the benefits of this Agreement are the Registrable
Securities but, with respect to any particular Registrable Security, only so
long as such security continues to be a Restricted Security. A Registrable
Security that has ceased to be a Restricted Security cannot thereafter become a
Registrable Security. As used herein, a Restricted Security is a Registrable
Security which has not been effectively registered under the Securities Act and
distributed in accordance with an effective Registration Statement and which has
not been distributed or sold by a Holder pursuant to Rule 144, Rule 903 or Rule
904, unless, in the case of a Registrable Security distributed pursuant to Rule
903 or 904, any applicable restricted period has not expired or the SEC or its
staff has taken the position in a published release, ruling or no-action letter
that securities distributed under Rule 903 or 904 are ineligible for resale in
the United States under Section 4(1) of the Securities Act notwithstanding
expiration of the applicable restricted period.

                  SECTION 3.  SHELF REGISTRATION.

                  (a) FILING. The Company shall prepare and file a Shelf
Registration Statement with the SEC as soon as is reasonably practicable, but in
no event later than three Business Days (the "Shelf Registration Statement
Filing Date") following the day the Company files with the SEC its Form 8-K (or
an amendment thereto) with respect to the Company's acquisition of stock or
assets of Casual Male Corp., a Massachusetts corporation, which filing shall
contain the information required by Item 7 of Form 8-K. The Shelf Registration
Statement shall cover the offer and sale of the Registrable Securities by the
Holders thereof in accordance with the methods of distribution elected by such
Holders, and shall include the Common Stock and the Underlying Common Stock to
be issued upon conversion of the Preferred Stock.

                  (b) EFFECTIVENESS OF SHELF REGISTRATION STATEMENT. Except as
otherwise permitted under this Agreement, the Company agrees to use its best
efforts to cause the Shelf Registration Statement filed pursuant to this Section
3 to become effective as promptly as practicable and thereafter keep such Shelf
Registration Statement effective continuously until the earlier of (i) the date
as of which all of the Registrable Securities have been sold pursuant to the
Shelf Registration Statement or (ii) two years following the effective date of
the Shelf Registration Statement. The Company shall notify the Holders by
facsimile notice on the same Business Day that the Shelf Registration Statement
is declared effective by the SEC.

                  (c) FAILURE TO BE DECLARED EFFECTIVE. Notwithstanding anything
to the contrary herein, if the Shelf Registration Statement to be filed pursuant
to Section 3(a) is not declared effective on or before the earlier of (i) 120
days after the Closing Date (as defined in the

                                        3
<Page>

Subscription Agreements), or (ii) October 1, 2002 (such earlier date is referred
to herein as the "Required Date of Effectiveness"), then the Company shall pay
to each Holder holding Registrable Securities, as liquidated damages in
compensation for their added risk of holding restricted securities and not as a
penalty, an amount equal to .0766% of the amount such Holder (or the
Securityholder from whom the Holder acquired such Registrable Securities) paid
to acquire the Registrable Securities (or Preferred Stock) from the Company for
each day in the period beginning on the Required Date of Effectiveness and
ending on the date the Shelf Registration Statement is declared effective.

                  SECTION 4. PIGGYBACK REGISTRATION. If the Company at any time
during which no Shelf Registration Statement is effective proposes to file a
registration statement with respect to any class of equity securities, whether
for its own account (other than in connection with the Registration Statement
contemplated by Section 3 or a registration statement on Form S-4 or S-8 (or any
successor or substantially similar form), or of (A) an employee stock option,
stock purchase or compensation plan or of securities issued or issuable pursuant
to any such plan, or (B) a dividend reinvestment plan) or for the account of a
holder of securities of the Company pursuant to registration rights granted by
the Company or which the Company has assumed, then the Company shall in each
case give written notice of such proposed filing to all Holders of Registrable
Securities at least fifteen (15) days before the anticipated filing date of any
such registration statement by the Company, and such notice shall offer to all
Holders the opportunity to have any or all of the Registrable Securities held by
such Holders included in such registration statement. Each Holder of Registrable
Securities desiring to have its Registrable Securities registered under this
Section 4 shall so advise the Company in writing within ten (10) days after the
date of receipt of such notice (which request shall set forth the amount of
Registrable Securities for which registration is requested), and the Company
shall use its commercially reasonable efforts to include in such Registration
Statement all such Registrable Securities so requested to be included therein.
Notwithstanding the foregoing, if the managing underwriter or underwriters of
any such proposed public offering advises the Company in writing that the total
amount or kind of securities which the Holders of Registrable Securities, the
Company and any other holder of the Company's securities intended to be included
in such proposed public offering is sufficiently large to adversely affect the
success of such proposed public offering, then the amount or kind of securities
to be offered for the accounts of Holders of Registrable Securities shall be
reduced PRO RATA, together with the amount or kind of securities to be offered
for the accounts of any other persons requesting registration of securities
pursuant to "piggyback" registration rights, to the extent necessary to reduce
the total amount or kind of securities to be included in such proposed public
offering to the amount or kind recommended by such managing underwriter or
underwriters before the securities offered by the Company or any stockholder
exercising its demand registration rights in such registration are so reduced.
Anything to the contrary in this Agreement notwithstanding, the Company may
withdraw or postpone a Registration Statement referred to in this Section 4 at
any time before it becomes effective or withdraw, postpone or terminate the
offering after it becomes effective without obligation to the Holder or Holders
of the Registrable Securities. The rights of the Holders to include their
Registrable Securities in a "piggyback" registration under this Section 4 shall
not affect or diminish the Company's obligations relating to the Shelf
Registration Statement under Section 3.

                                        4
<Page>

                  SECTION 5.  REGISTRATION PROCEDURES; COMPANY COVENANTS.

                  (a) GENERAL. In connection with the Company's registration
obligations pursuant to Section 3 hereof, but subject to Section 6, the Company
will:

                           (i) prepare and file with the SEC a Shelf
         Registration Statement and such amendments and post-effective
         amendments and supplements to the Shelf Registration Statement and the
         Prospectus as may be (1) reasonably requested by any Securityholder (to
         the extent such request relates to information relating to such holder)
         or (2) necessary to keep such Shelf Registration Statement effective
         and in compliance with the Securities Act for the time periods set
         forth in Section 3(b);

                           (ii) notify the Holders of Registrable Securities by
         facsimile notice on the same Business Day (1) when a new Registration
         Statement, Prospectus or any Prospectus supplement or post-effective
         amendment has been filed, and, with respect to any new Registration
         Statement or post-effective amendment, when it has become effective,
         (2) of any request by the SEC for amendments or supplements to any
         Registration Statement or Prospectus or for additional information, (3)
         of the issuance by the SEC of any comments with respect to any filing,
         (4) of any stop order suspending the effectiveness of any Registration
         Statement or the initiation of any proceedings for that purpose and use
         its best efforts to have such suspension rescinded and removed as
         expeditiously as possible, (5) of any suspension of the qualification
         of the Registrable Securities for sale in any jurisdiction or the
         initiation or threatening of any proceeding for such purpose and use
         its best efforts to have such suspension rescinded and removed as
         expeditiously as possible and (6) of the happening of any event which
         makes any statement of a material fact made in any Registration
         Statement, Prospectus or any document incorporated therein by reference
         untrue or which requires the making of any changes in any Registration
         Statement, Prospectus or any document incorporated therein by reference
         in order to make the statements therein (in the case of any Prospectus,
         in the light of the circumstances under which they were made) not
         misleading and use its best efforts to correct any such untrue
         statement or omission as expeditiously as possible;

                           (iii) if reasonably requested by a Holder of
         Registrable Securities being sold, promptly incorporate in a Prospectus
         supplement or post-effective amendment such information as the Holders
         of the Registrable Securities being sold determine should be included
         therein relating to the sale of the Registrable Securities; and
         promptly make all required filings of such Prospectus supplement or
         post-effective amendment;

                           (iv) furnish to each selling Holder of Registrable
         Securities, without charge, as many conformed copies as may reasonably
         be requested, of the then effective Registration Statement and any
         post-effective amendments thereto, including financial statements and
         schedules, all documents incorporated therein by reference and all
         exhibits (including those incorporated by reference);

                           (v) deliver to each selling Holder of Registrable
         Securities, without charge, as many copies of the then effective
         Prospectus (including each prospectus

                                        5
<Page>

         subject to completion) and any amendments or supplements thereto as
         such Persons may reasonably request;

                           (vi) use its best efforts to register or qualify, and
         cooperate with the selling Holders of Registrable Securities and their
         respective counsel in connection with the registration or qualification
         of such Registrable Securities for offer and sale under the securities
         or blue sky laws (A) in all U.S. jurisdictions in which any of the
         Shares (as defined in the Subscription Agreements) are originally sold,
         and (B) in such jurisdictions as any selling Holder of Registrable
         Securities or underwriter reasonably requests in writing; PROVIDED,
         HOWEVER, that, as to clause (B) only, the Company will not be required
         to (1) qualify to do business in any jurisdiction where it would not
         otherwise be required to qualify, but for this paragraph (vi), (2)
         subject itself to general taxation in any such jurisdiction in which it
         is not already subject to general taxation, or (3) file a general
         consent to service of process in any such jurisdiction in which it is
         not already subject to general consent to service of process;

                           (vii) cooperate with the selling Holders of
         Registrable Securities, to facilitate the timely preparation and
         delivery of certificates representing Registrable Securities to be sold
         and not bearing any restrictive legends;

                           (viii) use its best efforts to cause all Registrable
         Securities covered by the Registration Statement to be listed and stay
         listed for a period of at least three years from the date hereof on
         each securities exchange (or quotation system operated by a national
         securities association) on which identical securities issued by the
         Company are then listed, and enter into customary agreements including,
         if necessary, a listing application and indemnification agreement in
         customary form, and provide a transfer agent for such Registrable
         Securities no later than the effective date of such Registration
         Statement;

                           (ix) provide a CUSIP number for the Registrable
         Securities no later than the effective date of such registration
         statement;

                           (x) comply with all applicable rules and regulations
         of the SEC relating to such registration and the distribution of the
         securities being offered and make generally available to its securities
         holders earnings statements satisfying the provisions of Section 11(a)
         of the Securities Act;

                           (xi) cooperate and assist in any filings required to
         be made with the National Association of Securities Dealers, Inc.; and

                           (xii) subject to the proviso in paragraph (vi) above,
         cause the Registrable Securities covered by the Registration Statement
         to be registered with or approved by such other governmental agencies
         or authorities as may be necessary to enable the seller or sellers
         thereof to consummate the disposition of such Registrable Securities
         (other than as may be required by the governmental agencies or
         authorities of any foreign jurisdiction and other than as may be
         required by a law applicable to a selling

                                        6
<Page>

         Holder by reason of its own activities or business other than the sale
         of Registrable Securities).

                  The Company may require each seller of Registrable Securities
as to which any registration is being effected pursuant to this Agreement to
furnish to the Company such information regarding such seller and the
distribution of such securities as the Company may from time to time reasonably
request and as is required to be included in the applicable Registration
Statement by the applicable rules and regulations of the SEC.

                  (b) SUSPENSION OF SALES. Each Holder of Registrable Securities
agrees that, upon receipt of any notice from the Company of the happening of any
event of the kind described in Section 5(a)(ii)(4) or 5(a)(ii)(6), such Holder
will use commercially reasonable efforts to forthwith discontinue disposition of
Registrable Securities pursuant to the then current Prospectus until (1) such
Holder is advised in writing by the Company that the Prospectus covering the
offer of Registrable Securities has been amended or supplemented as contemplated
by Section 5(a)(i) or a new Registration Statement covering the offer of the
Registrable Securities has become effective under the Securities Act and such
Holder receives copies of such supplemented or amended Prospectus or such new
Prospectus, or (2) such Holder is advised in writing by the Company that the use
of the Prospectus may be resumed. If so directed by the Company, on the
happening of such event, the Holder will deliver to the Company (at the
Company's expense) all copies, other than permanent file copies then in such
Holder's possession, of the Prospectus covering such Registrable Securities
current at the time of receipt of such notice.

                  (c) RULE 144 COVENANTS. With a view to making available to the
Holders the benefits of Rule 144, the Company agrees to: (i) comply with the
provisions of paragraph (c) (1) of Rule 144; (ii) file with the SEC in a timely
manner all reports and other documents required to be filed by the Company
pursuant to Section 13 or 15(d) under the Exchange Act; and, if at any time it
is not required to file such reports but in the past had been required to or did
file such reports, it will, upon the request of any Holder, make available other
information as required by, and so long as necessary to permit sales of, its
Registrable Securities pursuant to Rule 144; and (iii) furnish to each Holder
upon request, as long as such Holder owns any Registrable Securities, (A) a
written statement by the Company that it has complied with the reporting
requirements of the Securities Act and the Exchange Act, (B) a copy of the
Company's most recent Annual Report on Form 10-K or Quarterly Report on Form
10-Q, and (C) such other information as may be reasonably requested in order to
avail the Holder of any rule or regulation of the SEC that permits the selling
of any such Registrable Securities without registration.

                  (d) PUBLIC STATEMENTS. Except in connection with the Company's
written bid with the U.S. Bankruptcy Court for the Southern District of New York
(Manhattan) for substantially all of the assets of Casual Male Corp., the
Company will not issue any public statement, press release or any public
disclosure listing any Holder as one of the purchasers of the Shares without
such Holder's prior written consent, except as may be required by applicable law
or rules of any exchange or quotation system on which the Company's securities
are listed or quoted.

                                        7
<Page>

                  SECTION 6.  BLACKOUT PERIODS.

                  (a) MATERIAL DEVELOPMENT CONDITION. With respect to any
Registration Statement filed or to be filed pursuant to Section 3, if the
Company determines that, in its good faith judgment, it would (because of the
existence of, or in anticipation of, any acquisition or corporate reorganization
or other material transaction, financing activity, stock repurchase or material
development involving the Company or any subsidiary, or the unavailability for
reasons substantially beyond the Company's control of any required financial
statements, or any other event or condition of similar significance to the
Company or any subsidiary) be materially disadvantageous (a "Material
Development Condition") to the Company for such a Registration Statement to
become effective or to be maintained effective or for sales of Registrable
Securities to continue pursuant to the Registration Statement, the Company
shall, notwithstanding any other provisions of this Agreement, be entitled, upon
the giving of a written notice (a "Delay Notice") to such effect to any Holder
of Registrable Securities included or to be included in such Registration
Statement, (i) to cause sales of Registrable Securities by such Holder pursuant
to such Registration Statement to cease, (ii) to cause such Registration
Statement to be withdrawn and the effectiveness of such Registration Statement
to be suspended, or (iii) in the event no such Registration Statement has yet
been filed, to delay the filing of any such Registration Statement until, in the
good faith judgment of the Company, such Material Development Condition no
longer exists (notice of which the Company shall deliver on a same day basis to
any Holder of Registrable Securities with respect to which any such Registration
Statement has been filed).

                  (b) LIMITATIONS ON BLACKOUT PERIODS. Notwithstanding the
provisions of Section 6(a), the Company shall not be entitled to delay any
registration of Registrable Securities pursuant to Section 3, cause or permit
sales of Registrable Securities to cease or cause or permit the effectiveness of
any Registration Statement to be suspended pursuant to Section 5(b) or Section
6(a) longer than is necessary and in any event not longer than (i) 30 days
(whether consecutive or not) in any 120-day period, or (ii) 60 days (whether
consecutive or not) in any 365-day period.

                  (c) BLACKOUT PERIOD DEFAULTS. If a Holder is unable to sell
Registrable Securities, whether for reasons specified in Section 5(b) or 6(a),
pursuant to the Shelf Registration Statement for more than 30 days (whether
consecutive or not) in any 120-day period, or (ii) 60 days (whether consecutive
or not) in any 365-day period, then the Company shall pay to each such Holder
for each such excess day, as liquidated damages and not as a penalty, an amount
equal to .0766% of the amount such Holder (or the Securityholder from whom the
Holder acquired such Registrable Securities) paid to acquire all of its
Registrable Securities (or Preferred Stock) from the Company. Notwithstanding
anything to the contrary herein, in the event that the Shelf Registration
Statement is not effective on or before the Required Date of Effectiveness
(regardless if a Material Development Condition then exists and regardless if
the Company has delivered the Delay Notice to the Holders), then the Company
shall pay for each day until the date that the Shelf Registration Statement
becomes effective, as liquidated damages and not as a penalty, an amount equal
to .0766% of the amount such Holder (or the Securityholder from whom the Holder
acquired such Registrable Securities or Preferred Stock) paid to acquire all of
its Registrable Securities (or Preferred Stock) from the Company.

                                        8
<Page>

                  SECTION 7. REGISTRATION EXPENSES. All expenses incident to the
Company's performance of or compliance with this Agreement, including without
limitation all registration and filing fees, fees and expenses of compliance
with securities or blue sky laws (including fees and disbursements of counsel to
the Company or the underwriters (if any) in connection with blue sky
qualifications or registrations (or the obtaining of exemptions therefrom) of
the Registrable Securities), listing fees, printing expenses (including expenses
of printing Prospectuses), messenger and delivery expenses, NASD fees, internal
expenses (including, without limitation, all salaries and expenses of its
officers and employees performing legal or accounting duties), fees and
disbursements of its counsel and its independent certified public accountants,
securities acts liability insurance (if the Company elects to obtain such
insurance), fees and expenses of any special experts retained by the Company in
connection with any registration hereunder, fees and expenses of other Persons
retained by the Company, and reasonable fees and expenses of one law firm
selected by the holders of a majority of the Registrable Securities (all such
expenses being referred to as "Registration Expenses"), shall be borne by the
Company; PROVIDED, that Registration Expenses shall not include underwriting
discounts, commissions or fees attributable to the sale of the Registrable
Securities or any other out-of-pocket expenses incurred by the Holder not
subject to reimbursement under this Agreement.

                  SECTION 8.  INDEMNIFICATION.

                  (a) INDEMNIFICATION BY THE COMPANY. The Company agrees to
indemnify and hold harmless, to the full extent permitted by law, but without
duplication, each Holder of Registrable Securities, its officers, directors,
trustees, employees, partners, principals, equity holders, managed or advised
accounts, advisors, affiliates and agents, and each Person who controls such
Holder (within the meaning of the Securities Act), against all losses, claims,
damages, liabilities and expenses (including reasonable costs of investigation
and reasonable legal fees and expenses as and when incurred) arising out of or
resulting from any untrue statement or alleged untrue statement of a material
fact in, or any omission or alleged omission of a material fact required to be
stated in, any Registration Statement or Prospectus or necessary to make the
statements therein (in the case of a Prospectus in light of the circumstances
under which they were made) not misleading, or arising out of any violation by
the Company of any rule or regulation promulgated under the Securities Act or
the Exchange Act relating to any such Registration Statement or Prospectus,
except insofar as the same are caused by or contained in any information
furnished in writing to the Company by such Holder expressly for use therein.
The Company will also indemnify underwriters participating in the distribution,
their officers, directors, employees, partners and agents, and each Person who
controls such underwriters (within the meaning of the Securities Act), to the
same extent as provided above with respect to the indemnification of the Holders
of Registrable Securities, if so requested.

                  (b) INDEMNIFICATION BY HOLDERS OF REGISTRABLE SECURITIES. In
connection with any Registration Statement in which a Holder of Registrable
Securities is participating, each such Holder agrees severally and not jointly
to indemnify and hold harmless, to the full extent permitted by law, but without
duplication, the Company, its officers and directors and each Person who
controls the Company (within the meaning of the Securities Act) against any
losses, claims, damages, liabilities and expenses (including reasonable costs of
investigation and

                                        9
<Page>

reasonable legal fees and expenses as and when incurred) arising out of or
resulting from any untrue statement of material fact in, or any omission of a
material fact required to be stated in, any Registration Statement or Prospectus
or necessary to make the statements therein (in the case of a Prospectus in
light of the circumstances under which they were made) not misleading, to the
extent, but only to the extent, that such untrue statement or omission is
contained in any information furnished in writing by such Holder to the Company
specifically for inclusion therein. The Company will use its best efforts so
that the Company and the other persons described above shall be entitled to
receive indemnities from underwriters participating in the distribution, to the
same extent as provided above with respect to information so furnished in
writing by such Persons specifically for inclusion in any Prospectus or
Registration Statement.

                  (c) CONDUCT OF INDEMNIFICATION PROCEEDINGS. Any Person
entitled to indemnification hereunder will (i) give prompt notice to the
indemnifying party of any claim with respect to which it seeks indemnification,
but the failure to so notify shall not relieve the indemnifying party from any
liability except to the extent that it is prejudiced and forfeits substantive
rights and defenses by reason of such failure, and (ii) permit such indemnifying
party to assume the defense of such claim with counsel of such indemnifying
party's choice; PROVIDED, HOWEVER, that any Person entitled to indemnification
hereunder shall have the right to employ separate counsel and to participate in
the defense of such claim, but the fees and expenses of such counsel shall be at
the expense of such indemnified Person unless (A) the indemnifying party shall
have failed to assume the defense of such claim or employ counsel reasonably
satisfactory to the indemnified party in a timely manner or (B) in the good
faith judgment of any such Person, based upon written advice of its counsel, a
conflict of interest may exist between such Person and the indemnifying party
(or other Persons being represented by such counsel) with respect to such claims
(in which case, if the Person notifies the indemnifying party in writing that
such Person elects to employ separate counsel at the expense of the indemnifying
party, the indemnifying party shall not have the right to assume the defense of
such claim on behalf of such person). The indemnifying party will not be subject
to any liability for any settlement made without its consent (which consent
shall not be unreasonably withheld). No indemnified party will be required to
consent to entry of any judgment or enter into any settlement which does not
include as an unconditional term thereof the giving by the claimant or plaintiff
to such indemnified party of an unconditional release from all liability in
respect of such claim or litigation. An indemnifying party who is not entitled
to, or elects not to, assume the defense of the claim will not be obligated to
pay the fees and expenses of more than one counsel for each party indemnified by
such indemnifying party with respect to such claim.

                  (d) CONTRIBUTION. To the extent that for any reason the
indemnification provided for in Section 8(a) or Section 8(b) is unavailable to
an indemnified party or insufficient to hold it harmless as contemplated by
Section 8(a) and Section 8(b), then the indemnifying party shall contribute to
the amount paid or payable by the indemnified party as a result of such loss,
claim, damage, or liability in such proportion as is appropriate to reflect the
relative fault of the indemnifying party and the indemnified party, as well as
any other relevant equitable considerations. The relative fault of such
indemnifying party and indemnified party shall be determined by reference to,
among other things, whether the untrue or alleged untrue statement of a material
fact or omission or alleged omission to state a material fact relates to
information supplied by such indemnifying party or by such indemnified party,
and the parties' relative

                                       10
<Page>

intent, knowledge, access to information and opportunity to correct or prevent
such statement or omission. The parties hereto agree that it would not be just
and equitable if contribution pursuant to this Section 8(d) were determined by
pro rata allocation or by any other method of allocation which does not take
account of the equitable considerations referred to in this Section 8(d). The
amount paid or payable by an indemnified party as a result of the losses,
claims, damages or liabilities (or actions in respect thereof) referred to above
shall be deemed to include any legal or other fees or expenses reasonably
incurred by such indemnified party in connection with investigating or defending
any such action or claim. The obligations of the Holders in this Section 8(d) to
contribute shall be several in proportion to the percentage of Registrable
Securities registered by them and not joint. No Person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution from any Person who was not guilty of such
fraudulent misrepresentations.

                  (e) LIMITATION OF LIABILITY. Notwithstanding anything to the
contrary in this Agreement, no Holder shall be liable under this Agreement for
any amount in excess of the gross proceeds paid to such Holder in respect of
shares sold by it under any Registration Statement and/or Prospectus.

                  (f) SURVIVAL. The terms of this Section 8 shall survive the
termination of this Agreement.

                  SECTION 9. AMENDMENTS AND WAIVERS. The provisions of this
Agreement, including the provisions of this Section 9, may not be amended,
modified or supplemented, and waivers or consents to departures from the
provisions hereof may not be given unless the Company has obtained the written
consent of Holders of at least 75% of the Registrable Securities (on a Common
Stock equivalent basis) then outstanding. Whenever the consent or approval of
Holders of a specified number of Registrable Securities is required hereunder,
Registrable Securities held by the Company or any of its controlled affiliates
(other than Holders of Registrable Securities if such subsequent Holders are
deemed to be affiliates solely by reason of their holdings of such Registrable
Securities) shall not be counted in determining whether such consent or approval
was given by the Holders of such required number. To the extent any party hereto
receives compensation in connection with providing a waiver or consent or
agreeing to an amendment of this Agreement, each other Holder shall be entitled
to share ratably in such compensation.

                  SECTION 10. NOTICES. All notices and other communications
provided for or permitted hereunder shall be made in writing by hand-delivery,
registered first-class mail, facsimile, or reputable delivery service such as
Federal Express by overnight delivery:

                           (a) If to a Holder of Registrable Securities, at the
         most current address or fax number given by such Holder to the Company,
         in accordance with the provisions of this Section 10, which address
         initially is, with respect to each Holder, listed on Schedule 1
         attached hereto.

                           (b) If to the Company, initially at 66 B Street,
         Needham, Massachusetts 02494, Attention: Secretary, or (781) 433-7462
         and thereafter at such

                                       11
<Page>

         other address or fax number as may be designated from time to time by
         notice given in accordance with the provisions of this Section 10, with
         a copy (which shall not constitute notice) to Kramer Levin Naftalis &
         Frankel LLP, 919 Third Avenue, New York, New York 10022, Attention:
         Peter Smith, Esq.

                           (c) All such notices and other communications shall
         be deemed to have been delivered and received (i) in the case of
         personal delivery, on the date of such delivery, (ii) in the case of
         reputable delivery service, on the Business Day after the date when
         sent (iii) in the case of mailing, on the third Business Day following
         such mailing, and (iv) in the case of facsimile, on the Business Day
         when such facsimile is received, provided that any facsimile received
         after 5:00 p.m. by the recipient shall be treated as being sent on the
         next following Business Day.

                  SECTION 11. SUCCESSORS AND ASSIGNS. This Agreement shall inure
to the benefit of and be binding upon the successors and assigns of each of the
parties hereto, including without limitation and without the need for an express
assignment to subsequent Holders of the Registrable Securities who cannot freely
transfer their shares in the absence of registration under the Securities Act.

                  SECTION 12. COUNTERPARTS. This Agreement may be executed in
any number of counterparts and by the parties hereto in separate counterparts,
each of which when so executed shall be deemed to be an original and all of
which taken together shall constitute one and the same agreement.

                  SECTION 13. HEADINGS. The headings in this Agreement are for
convenience of reference only and shall not limit or otherwise affect the
meaning hereof.

                  SECTION 14. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK,
WITHOUT REGARD TO THE PRINCIPLES OF THE CONFLICT OF LAWS THEREOF.

                  SECTION 15. JURISDICTION; FORUM. Each party hereto consents
and submits to the jurisdiction of any state court sitting in the County of New
York or federal court sitting in the Southern District of the State of New York
in connection with any dispute arising out of or relating to this Agreement.
Each party hereto waives any objection to the laying of venue in such courts and
any claim that any such action has been brought in an inconvenient forum. To the
extent permitted by law, any judgment in respect of a dispute arising out of or
relating to this Agreement may be enforced in any other jurisdiction within or
outside the United States by suit on the judgment, a certified copy of such
judgment being conclusive evidence of the fact and amount of such judgment. Each
party hereto agrees that personal service of process may be effected by any of
the means specified in Section 10, addressed to such party. The foregoing shall
not limit the rights of any party to serve process in any other manner permitted
by law.

                  SECTION 16. SEVERABILITY. In the event that any one or more of
the provisions contained herein, or the application thereof in any circumstance,
is held invalid, illegal or

                                       12
<Page>

unenforceable, the validity, legality and enforceability of any such provision
in every other respect and of the remaining provisions contained herein shall
not be affected or impaired thereby.

                  SECTION 17. ENTIRE AGREEMENT. This Agreement is intended by
the parties as a final expression of their agreement and is intended to be a
complete and exclusive statement of the agreement and understanding of the
parties hereto in respect of the subject matter contained herein (except for the
Agreements (as defined in the Subscription Agreements)). This Agreement
supersedes all prior agreements and understandings between the parties with
respect to such subject matter.

                  SECTION 18. EFFECTIVENESS OF THIS AGREEMENT. Notwithstanding
anything to the contrary contained in this Agreement, this Agreement shall be of
no force or effect, and shall not be enforceable by, any party hereto or any
other Person, unless the Holders purchase Registrable Securities from the
Company.

                  SECTION 19. LIMITATION OF LIABILITY. A copy of the Agreement
and Declaration of Trust of each of Putnam Variable Trust-Putnam VT Small Cap
Fund; Putnam Investment Funds-Putnam Small Cap Value Fund; and Putnam World
Trust II: Putnam U.S. Small Cap Value Equity Fund (Dublin), each of which is a
series investment company that is a Massachusetts business trust, is on file
with the Secretary of State of The Commonwealth of Massachusetts and notice is
hereby given that this Agreement is executed on behalf of the Trustees of each
such entity as Trustees and not individually and that the obligations of this
Agreement are not binding upon any of the Trustees, officers or shareholders of
such entities individually but are binding only upon the assets and property of
such entities.

                  SECTION 20. FURTHER ASSURANCES. The Company agrees to
cooperate fully with the other parties and to execute such further instruments,
documents and agreements and to give such further written assurance as may be
reasonably requested by any other party to evidence and reflect the transactions
described herein and contemplated hereby and to carry into effect the intents
and purposes of this Agreement.

                  [Remainder of Page Intentionally Left Blank]

                                       13
<Page>

                  IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date first written above.

                                        DESIGNS, INC.

                                        BY:
                                           ------------------------------
                                            Name:
                                            Title:

                                        THE SECURITYHOLDERS:

                                        BY:
                                           -------------------------------

                                         Name of Investor:
                                                          ----------------------

                                         Name of Signatory:
                                                           ---------------------

                                         Title of Signatory:
                                                            --------------------

                                       14
<Page>

THE SECURITYHOLDERS:

PUTNAM VARIABLE TRUST-PUTNAM VT SMALL CAP VALUE FUND
PUTNAM INVESTMENT FUNDS-PUTNAM SMALL CAP VALUE FUND
By Putnam Investment Management, LLC

By:
   ---------------------------------------------------
Name:
Title:

PUTNAM WORLD TRUST II: PUTNAM U.S. SMALL CAP VALUE EQUITY FUND
(DUBLIN)
By The Putnam Advisory Company, LLC

By:
   ---------------------------------------------------
Name:
Title:

                                       15
<Page>

                                   Schedule 1

                          [NAMES AND ADDRESSES TO COME]

PUTNAM VARIABLE TRUST-PUTNAM VT SMALL CAP VALUE FUND
PUTNAM INVESTMENT FUNDS-PUTNAM SMALL CAP VALUE FUND

c/o Putnam Investment Management, LLC
One Post Office Square
Boston, MA 02109 Fax: 617-760-8250

PUTNAM WORLD TRUST II: PUTNAM U.S. SMALL CAP VALUE EQUITY FUND
(DUBLIN)

c/o The Putnam Advisory Company, LLC
One Post Office Square
Boston, MA 02109 Fax: 617-760-8250

Putnam Notices: All notices should be sent to Putnam Holders at the respective
addresses listed above for the further attention of John Verani. All notices
requiring same day delivery under the terms of this Agreement should also be
faxed to Purchaser at (617) 292-1625 for the further attention of Michael E.
DeFao, Esq.

                                       16

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