A hook and eye fastener is provided in which either, or both of, the hook fastener fabric tape or the eye fastener fabric tape is made of a stretchable material. Preferably, the fabric tape can stretch primarily in a horizontal direction. The fabric tape may be single or multi-ply. In an alternative embodiment, the eye fastener fabric tape is a one piece, open knit construction. This open knit construction provides a number of eyes for a variety of adjustment possibilities with the corresponding hooks.