UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------- SCHEDULE 13G/A UNDER THE SECURITIES EXCHANGE ACT OF 1932 (Amendment No. 1)(1) TARRANT APPAREL GROUP -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, no par value -------------------------------------------------------------------------------- (Title of Class of Securities) 876289 109 -------------------------------------------------------------------------------- (CUSIP Number) December 2, 2004 -------------------------------------------------------------------------------- (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) [X] Rule 13d-1(c) [_] 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 the 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 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/A Page 2 of 5 Pages ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Rosa Lisette Nacif Benavides ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Republic of Mexico ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 0 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* IN ________________________________________________________________________________ 2 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, CA 90023 ____________________________________________________________________ Item 2(a). Name of Person Filing: Rosa Lisette Nacif Benavides ____________________________________________________________________ (b). Address of Principal Business Office, or if None, Residence: Edgar Allen Poe #231 Col. Polanco, C.P. 11550 Mexico, D.F. ____________________________________________________________________ (c). Citizenship: Republic of Mexico ____________________________________________________________________ (d). Title of Class of Securities: Common Stock, no par value ____________________________________________________________________ (e). CUSIP Number: 876289 109 ____________________________________________________________________ Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not Applicable ____________________________________________________________________ Item 4. Ownership: See Rows 5 through 9 and 11 of the cover page for each Reporting Person. ____________________________________________________________________ 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. ____________________________________________________________________ 3 Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: 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: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. 4 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. December 14, 2004 /s/ Rosa Lisette Nacif Benavides ------------------------------------- Rosa Lisette Nacif Benavides 5