Tarrant Apparel Group (TAGS) Wrap Up:

Tarrant Apparel Group is a design and sourcing company for private label and private brand casual apparel serving mass merchandisers, department stores, branded wholesalers and specialty chains located primarily in the United States. Our major customers include retailers, such as Macy's Merchandising Group, New York & Co., Chico's, Kohl's, Mothers Work, Mervyn's, Charlotte Russe, the Avenue, Seven Licensing, Wal-Mart, and Lane Bryant. Our products are manufactured in a variety of woven and knit fabrications and include jeans wear, casual pants, shorts, skirts, dresses, t-shirts, shirts and other tops and jackets. In 2005 and 2006, our total net sales were $215 million and $232 million, respectively. In 2007, our net sales increased by 5% to $244 million. In 2005, we experienced net income of $1.0 million. In 2006, we experienced a net loss of $22.2 million, which included a non-cash charge of $27.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f28%2f0001170918-08-000158.html#FIS_BUSINESS"