is a

Japanese Japanese may refer to: * Something from or related to Japan, an island country in East Asia * Japanese language, spoken mainly in Japan * Japanese people, the ethnic group that identifies with Japan through ancestry or culture ** Japanese diaspor ...

company mainly involved in

textile Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the ...

and clothing production. It manufactures textile products and their raw materials, and sells men's and women's

clothing Clothing (also known as clothes, apparel, and attire) are items worn on the body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural ...

. 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 The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identi ...

hit sales sharply.

Operations

Renown also operates

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and ...

stores throughout the world. It also has interests in store design,

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

, and food processing. As of 2009, the company had 51 subsidiaries and six associated companies. Le Mans-120121-0073FP

Motorsport

Renown is perhaps best known outside of their home country for having sponsored

Mazda , commonly referred to as simply Mazda, is a Japanese multinational automotive manufacturer headquartered in Fuchū, Hiroshima, Japan. In 2015, Mazda produced 1.5 million vehicles for global sales, the majority of which (nearly one m ...

from the late 1980s to the early 1990s, with their branding (as well as that of their

sportswear Sportswear or activewear is clothing, including footwear, worn for sport or physical exercise. Sport-specific clothing is worn for most sports and physical exercise, for practical, comfort or safety reasons. Typical sport-specific garments ...

brand, Charge) appearing on the 1991 Le Mans-winning

Mazda 787B The Mazda 787 and its derivative 787B are Group C sports prototype racing cars that were developed by Japanese automobile manufacturer Mazda for use in the World Sportscar Championship, All Japan Sports Prototype Championship, and the 24 Hours of ...

References

{{Authority control Companies of Japan Manufacturing companies of Japan Clothing retailers of Japan Retail companies established in 2004