Also. . .

* Tarrant Apparel Group, an L.A.-based maker of women’s casual clothing, agreed to buy closely held Grupo Famian for an undisclosed price to boost its production facilities in Mexico. Tehuacan, Mexico-based Grupo Famian operates seven factories. Tarrant shares rose $3.63 to close at $18.50 on Nasdaq. Tarrant also said it has appointed board member Barry Aved president, succeeding Todd Kay, who will become vice chairman.

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* Arden Group Inc., the Los Angeles-based operator of Gelson’s and Mayfair supermarkets, reported second-quarter net income of $6.8 million, or $1.89 per share, compared with $4.8 million, or $1.25, a year ago. Revenue rose to $77.8 million from $72.9 million.

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* El Segundo-based CB Richard Ellis, a commercial real estate services firm, reported second-quarter net income of $3.4 million, or 16 cents per share, contrasted with a net loss of $1.2 million, or 6 cents, a year ago, which included extraordinary items. Revenue rose to $277.7 million from $255.2 million.

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* Los Angeles-based Giant Group Inc., which owns interests in the Rally’s Hamburgers and Checkers Drive-In Restaurants chains as well as apparel maker Periscope Sportswear, reported a second-quarter net loss of $543,000, or 14 cents per share, compared with net income of $1.9 million, or 58 cents, a year ago. Revenue fell to $17.6 million from $22.1 million.