Home / Knowledge / News / Apparel/Garments / Total Apparel announces new business platform
Total Apparel announces new business platform
Nov '08
Total Apparel Group Inc has announced that effective as of October 28, 2008, it has completed a 30-1 reverse stock split and will now trade under the, symbol TLAG (Pink sheets). Trading under this new symbol on the pink sheets, the Company intends to immediately proceed with and build upon its newly developed and finely tuned business strategy.

In deploying this new strategy, Total Apparel Group immediately intends to expand its position in the branded apparel, footwear and accessories sectors, focusing on modern and fashionable lifestyle, active-wear and sportswear by adding to its product line a collection of market-leading, well known national and international registered trademarks.

The Company will increase the value of its trademarks and brands by expanding their product line and market positions through a network of tested and strong licensees, distributors as well as through planned Company-owned and operated retail outlets. The Company's new strategy also includes several critical management changes which the Company considers advantageous to its new strategy.

“By re-focusing and clearly defining our business platform, we are confident in our ability to significantly reduce our fixed costs and overhead and significantly increase the profitability of all of our operating divisions,” explained CEO Janon Costley.

The company is diligently and successfully employing its new strategy, including the development and negotiation of several exciting new ventures. The Company also plans to sell, license or eliminate certain product lines that do not contribute to the Company's newly developed strategy or which do not significantly contribute to the Company's profits.

Please be on the look out for exciting new developments from TLAG over the course of the next several months.

In July of 2006, Total Apparel Group Inc (formerly Total Luxury Group Inc) acquired International Apparel Group, Inc., an apparel holding company.

Total Apparel Group Inc

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search