July 27 (Reuters) - Mall-based women's apparel retailer Bebe Stores Inc (BEBE.O) said it entered into a five-year licensing agreement with Titan Industries Inc to design, manufacture and distribute non-casual footwear for women.

Bebe Fall 2009

The Brisbane, California-based retailer said the new bebe shoe collection will be sold in bebe stores in the United States and Canada as well as select specialty and department stores worldwide from early spring 2010.

The shoes will be priced in a range from $89 to $169 at retail stores, the company said in a statement.

Titan was created in 1998 for the sole purpose of licensing shoes under the bebe brand, Titan's Chief Executive Joe Ouaknine said.

Bebe's shares closed at $6.63 Monday 27 July on Nasdaq. (Reporting by Mihir Dalal in Bangalore; Editing by Unnikrishnan Nair)