Renown Incorporated
Renown Inc.
TypeCorporation
TYO: 3606
FoundedSeptember 25, 1947
Headquarters
Shinagawa, Tokyo
,
Japan
Area served
Japan
ProductsTextiles and apparel
OwnerChina Shandong Ruyi (41%)
Websiterenown.com

Renown Incorporated (Japanese: 株式会社 レナウン, Kabushiki gaisha Renaun) is a Japanese company mainly involved in textile and clothing production. It manufactures textile products and their raw materials, and sells men's and women's clothing.[1]

On May 15, 2020, Renown filed for bankruptcy after it struggled to collect substantial debts owed to them by their Chinese owner and the COVID-19 pandemic hit sales sharply.[2][3]

Operations

Renown also operates retail stores throughout the world. It also has interests in store design, real estate, and food processing. As of 2009, the company had 51 subsidiaries and six associated companies.[1]

Mazda 787B sporting Renown livery.

Motorsport

Renown is perhaps best known outside of their home country for having sponsored Mazda from the late 1980s to the early 1990s, with their branding (as well as that of their sportswear brand, Charge) appearing on the 1991 Le Mans-winning Mazda 787B.

References

  1. 1 2 "Factsheets: Renown Incorporated". Retrieved 2009-05-24.
  2. ↑ "Japan apparel firm Renown files for bankruptcy as virus hit sales". The Japan Times. 2020-05-16. Retrieved 2021-11-21.
  3. ↑ "Japanese apparel maker Renown files for bankruptcy with $130 million debt". Reuters. 2020-05-15. Retrieved 2021-11-21.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.