Renown (company)

{{Short description|Japanese clothing and textile company}}

{{Expand Japanese|date=November 2021}}

{{Infobox company

| name = Renown Incorporated

| logo =

| image = Tokyo Fashion Town Building, at Ariake, Koto, Tokyo (2019-08-13) 01.jpg

| image_caption = Headquarters

| trading_name = Renown Inc.

| type = Corporation

| traded_as = {{TYO|3606}}

| foundation = September 25, 1947

| location_city = Shinagawa, Tokyo

| owner = China Shandong Ruyi (41%)

| location_country = Japan

| area_served = Japan

| products = Textiles and apparel

| homepage = [https://www.renown.com/ renown.com]

}}

{{Nihongo|Renown Incorporated|株式会社 レナウン|4=Kabushiki gaisha Renaun|lead=yes}} is a Japanese company mainly involved in textile and clothing production.

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.{{Cite web|date=2020-05-16|title=Japan apparel firm Renown files for bankruptcy as virus hit sales|url=https://www.japantimes.co.jp/news/2020/05/16/business/corporate-business/renown-bankruptcy/|access-date=2021-11-21|website=The Japan Times|language=en-US}}{{Cite news|date=2020-05-15|title=Japanese apparel maker Renown files for bankruptcy with $130 million debt|language=en|work=Reuters|url=https://www.reuters.com/article/us-health-coronavirus-japan-renown-idUSKBN22R1NP|access-date=2021-11-21}}

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.{{cite web |title=Factsheets: Renown Incorporated |url=http://www.just-style.com/factsheet.aspx?id=527 |accessdate=2009-05-24}}{{Failed verification|date=November 2021}}File:Le Mans-120121-0073FP.jpg sporting Renown livery.|left]]

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.

{{Clear}}

References