Make bow loops and tags two days in advance. Knead 1/4 teaspoon Gum-Tex into 5 1/2 oz. white fondant. Use black icing color to tint 5 oz. of white fondant light gray; reserve 1/2 oz. white fondant for tag. Use 20 in. fondant roller with blue guide ring to roll gray fondant 1/16 in. thick. Use pattern embosser with lace wheel to emboss gray fondant. For bow loops, use knife or fondant trimmer to cut 16 fondant strips, 1 in. x 6 in. Form strips into loops and use brush and fondant adhesive to join ends together. Cut joined ends into points. Place loops on their sides on cornstarch-dusted board. Let dry overnight.
For tag message area, use 9 in. fondant roller with pink guide ring to roll reserved white fondant 1/16 in. thick. Cut a rectangle 1 1/2 in. x 2 5/8 in.; trim corners on one end to form a point. Use 9 in. fondant roller with pink guide rings to roll out gray fondant 1/16 in. thick. Use knife or fondant trimmer to cut a strip 7 in. x 1/8 in.; set aside for tag border. Use brush and fondant adhesive to attach gray border strip to edge of tag. Use the narrow end of tip 12 to cut a hole in the pointed end of tag. Let dry overnight on cornstarch-dusted board.