Tarrant steps out of spotlight after Hollywood hiccups.The old Hollywood Hollywood. 1 Community within the city of Los Angeles, S Calif., on the slopes of the Santa Monica Mts.; inc. 1903, consolidated with Los Angeles 1910. adage is that when you are up, you're way up, and when you are down, you're way down. That's certainly true for Tarrant Apparel Group. During a ballyhooed fling with celebrity songstresses Beyonce Knowles and Jessica Simpson Simp·son , Sir James Young 1811-1870. British obstetrician and a founder of gynecology. He is also known for introducing the use of chloroform as an anesthetic. , the L.A.-based company's clothes landed on entertainment television shows and in magazines and were even profiled in the Wall Street Journal. But last month, the company's foray into Verb 1. foray into - enter someone else's territory and take spoils; "The pirates raided the coastal villages regularly" raid encroach upon, intrude on, obtrude upon, invade - to intrude upon, infringe, encroach on, violate; "This new colleague invades my Hollywood turned sour. It terminated a license agreement to make fashions under the brand House of Dereon by Tina Knowles Tina Knowles (born Célestine Ann Beyincé on January 4 1954) is an United States fashion designer for her House of Deréon brand. Perhaps best known as the mother of singer Beyoncé Knowles, she served as the designer of costumes for her daughter's musical group Destiny's Child. (Beyonce's mother). And a fracas with Simpson's licensor resulted in Tarrant's admission that it won't sell Simpson-branded apparel in the first quarter and could possibly never again sell the "Dukes of Hazzard" starlet's clothes. After failing to pile up show business hits, Barry Aved, the company's president and chief executive, exited the stage with his resignation last month. Aved, who is expected to move to New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , started his second stint at Tarrant in 2003. Gerard Guez, the company's chairman and founder, has assumed the chief executive role on an interim basis. He'll forego Tinseltown deals for now, and concentrate instead on Tarrant's American Rag Cie brand with Macy's stores. Staying out of the spotlight Spotlight can refer to at least three types of lighting:
Due to strength in the private apparel business, Tarrant reported net income increased to $9.9 million for the fourth quarter ended Dec. 31 from $4.1 million in the year-ago period. Fourth-quarter revenues were $49.7 million, compared to $36.7 million in the like year-earlier quarter. |
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