How to create custom label by tag in the default theme
When you install our app and have our default layout theme (see Default theme definition and Default theme demo), you could easily create a label or badge using tags. Below is the demo image of those labels.
Edit each product and add tags with the following format: pfs:label-xxx (xxx is the desired name to show on the front end). For example, pfs:label-new, pfs:label-featured, etc.