Apparel maker Renown Inc has announced plans to shut down its Renown Jersey Co unit by the end of December 2007.

A report from Japanese News Digest said that Renown's jersey operation, which is jointly owned with Mitsubishi Rayon, was to be closed because of a lack of domestic demand.

Renown Jersey, which has manufactured knitted textiles since 1964, also imports and exports textiles to and from Europe and the US.