UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              --------------------

                                 SCHEDULE 13G/A

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13D-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)
                              (AMENDMENT NO. 7)(1)


                              TARRANT APPAREL GROUP
--------------------------------------------------------------------------------
                                (Name of Issuer)


                           COMMON STOCK, NO PAR VALUE
--------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   876289 109
--------------------------------------------------------------------------------
                                 (CUSIP Number)


                                December 31, 2007
--------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)



Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

[_]      Rule 13d-1(b)

[_]      Rule 13d-1(c)

[X]      Rule 13d-1(d)

----------------------
     (1) The  remainder  of this cover page shall be filled out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





----------------------                                      --------------------
CUSIP NO.   876289 109                 13G                  Page 2 of 5    Pages
----------------------                                      --------------------

-------- -----------------------------------------------------------------------

1        NAME OF REPORTING PERSONS S.S. OR I.R.S.  IDENTIFICATION  NOS. OF ABOVE
         PERSONS

         GERARD GUEZ
-------- -----------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                         (a) [_]
                                                                         (b) [_]
-------- -----------------------------------------------------------------------
3        SEC USE ONLY

-------- -----------------------------------------------------------------------
4        CITIZENSHIP OR PLACE OF ORGANIZATION
         U.S.A.

------------ --------- ---------------------------------------------------------
   NUMBER    5         SOLE VOTING POWER
     OF                12,783,084(1)(3)
   SHARES
             --------- ---------------------------------------------------------
BENEFICIALLY 6         SHARED VOTING POWER
  OWNED BY             0
             --------- ---------------------------------------------------------
  REPORTING  7         SOLE DISPOSITIVE POWER
   PERSON              12,783,084(1)(2)(3)
    WITH
             --------- ---------------------------------------------------------
             8         SHARED DISPOSITIVE POWER
                       0
-------- -----------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         12,783,084(1)(2)(3)
-------- -----------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE  AMOUNT IN ROW (9) EXCLUDES  CERTAIN SHARES*
         [_]
-------- -----------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         36.8%
-------- -----------------------------------------------------------------------
12       TYPE OF REPORTING PERSON*

         IN
-------- -----------------------------------------------------------------------

(1)      Includes  461,518  shares  held by GKT  Investments,  LLC,  a  Delaware
         limited liability company owned 100% by the Reporting Person.
(2)      The  Reporting  Person has pledged an  aggregate  of  3,691,565 of such
         shares to financial  institutions  to secure the  repayment of loans to
         the  Reporting  Person  or  corporations  controlled  by the  Reporting
         Person.
(3)      Includes 2,666,668 shares which may be acquired by the Reporting Person
         upon exercise of stock options.


                                   Page 2 of 5



ITEM 1(a) NAME OF ISSUER:

          Tarrant Apparel Group

ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

          3151 East Washington Boulevard
          Los Angeles, California 90023

ITEM 2(a) NAME OF PERSON FILING:

          Gerard Guez

ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

          3151 East Washington Boulevard
          Los Angeles, California 90023

ITEM 2(c) CITIZENSHIP:

          U.S.A.

ITEM 2(d) TITLE OF CLASS OF SECURITIES:

          Common Stock, no par value

ITEM 2(e) CUSIP NUMBER:

          876289 109

ITEM 3   IF THIS  STATEMENT  IS FILED  PURSUANT TO RULES  13D-1(B) OR  13D-2(B),
         CHECK WHETHER THE PERSON FILING IS A:

         Not Applicable.

ITEM 4   OWNERSHIP:

         Included in rows 5 through 9 and 11 on page 2.

ITEM 5   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

         Not Applicable.

ITEM 6   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

         Not Applicable.


                                   Page 3 of 5



ITEM 7   IDENTIFICATION  AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
         SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

         Not Applicable.

ITEM 8   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

         Not Applicable.

ITEM 9   NOTICE OF DISSOLUTION OF GROUP

         Not Applicable.

ITEM 10  CERTIFICATION

         Not Applicable.


                                   Page 4 of 5



                                    SIGNATURE

         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.


                               FEBRUARY 13, 2008
                               -------------------------------------------
                               Date

                               /S/ GERARD GUEZ
                               -------------------------------------------
                               Signature

                               GERARD GUEZ
                               -------------------------------------------
                               Name/Title


                                       Page 5 of 5