This is a catalogue for American Needle.
It contains items of clothing licensed from Marvel.
If you were looking for hats or T-Shirts in the late 1980s/early 1990s (when this catalogue was available) with your favorite superhero on it? Well this is the place!
Cool for what it was. There was no artwork, just photographs of the various items.
As I recall, I was doing an article on them for some mag, and American Needle sent me a cap as a sample. The cap had "Spiderman" (not "Spider-Man") embroidered on it (which is why they lost points in the rating section).