The menswear line had been deducted from the brand’s Milanese showroom.
• Sandra Salibian
Losses Put Renown in Red for 4th Year
TOKYO -- Renown Inc. reported severe losses for the fiscal year ended Jan. 31, marking its fourth consecutive year in the red. The net loss for the apparel firm was $109.7 million (11.5 billion yen) at current exchange rates. A year ago, the loss came...