Tandy Brands Accessories Inc. has entered into a multi-year license agreement with Arnold Palmer Enterprises, or APE, to license and market products in its accessories category under the brands Arnold Palmer and Arnie. The company expects to see incremental impact in its accessories business in the first half of calendar year 2013. Under the terms of the license agreement, Tandy Brands will have rights to leverage its expertise in golf belts. The company expects to drive incremental distribution in green grass shops, off-course golf specialty stores, department stores as well as in corporate and E-commerce shops. The license is for retail merchandise in the US, Puerto Rico and shops at APE designed or managed golf courses in Canada.