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NEW YORK -- Tarrant Apparel Group founder Gerard Guez has, once again, ceded his position as chief executive officer of the company.
According to a statement, current president Barry Aved, 61, will take over day-to-day operations from Guez immediately. Guez will continue in his role as chairman, a position he has held since founding the company in 1988.
The announcement marks the end of Guez's second stint as ceo. He first held the position from 1988 to 2001 and...