At the manage product tags page you can view and manage all the tags created for your shop.
The tags management list:

The tags management list provides you with an overview of all current product tags, the tag name, the tag code and if the tag is currently active or not.
The action icons at the right side of the list, allow you to access several other tag functions. You can either edit an existing product tag or delete a product tag or edit/create a tag in a specific language, you can click on the country flags to open the language specific version of the product tag.
The country flags are color coded. A green border indicates that a version for this language was already created. A red border indicates, that a version for this language was not created yet.
To create a new product tag, click on the “Create New Tag” button and the product tag details page will open where you can create a new tag.
The list also allows you to bulk activate/deactivate product tags. Select the active checkbox at each list entry and click on the “Save Changes” button to save any changes.