Abstract: A novelty item comprising a combination belt and toy. The belt comprises a band, such as formed of an elastic material and having a pair of ends. The belt includes a buckle having a first member secured to one end of the band and a second member secured to the other end of the band. One of the members includes a magnet for releasable securement to the other of the members. One of the members also includes an outer surface to which one component of a Velcro.RTM. fastening system is fixedly secured. A toy, such as a wheeled motor vehicle, having the second component of the Velcro.RTM. fastening system fixedly secured thereto is arranged to be releasably secured onto the buckle so as to form decorative ornamentation for the buckle when it is in place. The toy can be removed by disconnecting the two Velcro.RTM. components so that the toy can function as a conventional amusement or toy device.

Abstract: A belt fixture comprising a rack having a plurality of segments. Each segment includes a plurality of horizontally extending spokes thereon. Each segment further includes color indicia thereon, with the color of each segment being different from the colors of the other segments. Belts are suspended by hang tags, which are releasably placed on the spokes. The hang tags have the same color as the color applied to its associated segment. The colors are used to segregate belts on the rack by style. The invention further encompasses the method of displaying belts on the rack.