| Business Summary | | Tarrant
Apparel
Group
is
a
provider
of
private
label
casual
apparel
and
serves
specialty
retail,
mass
merchandise
and
department
store
chains,
as
well
as
major
international
brands
by
designing,
merchandising,
contracting
for
the
manufacture
of,
manufacturing
directly
and
selling
casual,
moderately
priced
apparel
for
women,
men
and
children.
Since
1988,
when
the
Company
began
designing
and
supplying
private
label
denim
jeans
to
a
single
specialty
retail
store
chain,
it
has
successfully
expanded
its
product
lines
and
customer
base
to
service
over
20
customers
during
2000.
Tarrant's
current
products
are
manufactured
in
a
variety
of
woven
and
knit
fabrications
and
include
jeans
wear,
casual
pants,
t-shirts,
shorts,
blouses,
shirts
and
other
tops,
dresses,
leggings
and
jackets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TAGS
is
a
provider
of
private
label
casual
apparel,
primarily
serving
specialty
retailers
and
mass
merchandise
chains
by
contracting
for
various
manufacturers.
For
the
three
months
ended
3/31/01,
net
sales
fell
18%
to
$84.3
million.
Net
income
fell
76%
to
$446
thousand.
Revenues
reflect
decreased
sales
to
two
mass
merchants
due
to
production
problems.
Net
income
reflects
lower
gross
profit
and
increased
general
and
administrative
expenses
for
the
acquisition
of
JDI. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
96,126;
after
tax
earnings
were
1,706. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gerard Guez, 45 Chairman,
CEO | $519K | Todd Kay, 44 Pres,
Vice Chairman | 519K | Scott Briskie, 41 CFO,
VP-Fin., Director | 250K | Karen Wasserman, 47 Exec.
VP, Gen. Merchandising Mang. | 338K | Corazon Reyes, 57 Exec.
VP and Sec. | 122K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|