Renault secures long-term sponsor, Japan Rags
The Renault team has secured a multi-year sponsorship deal with Japan Rags, the men's clothing brand of the LTC Group.
The company has rapidly expanded into Europe, particularly France, making the Renault team the perfect partner for further brand expansion.
The companies logo will feature on the inside faces of the rear wing endplates, as well as at the top of the pod-vane on the leading edge of the car’s sidepods.
"We are delighted to welcome Japan Rags to our network of team partners," said Renault F1 Team Chairman Gerard Lopez.
"This is a multi-year sponsorship agreement, and we believe that the sport’s unique global footprint, allied to our team’s growing competitiveness in the coming seasons, will enable Japan Rags to exceed its objectives for this partnership. We look forward to a strong and successful relationship together."
Gil Richardière, Co-founder and CEO of Le Temps des Cerises, added: "Following the LTC Group’s successful growth strategy in France – 35 own-brand boutiques, a dozen major department store displays and more than 600 points of sale – and the launch of subsidiaries in Spain and Switzerland, which gave us more than 1,000 points of sale throughout Europe, we wished to give fresh impetus to the development of the LTC Group by promoting Japan Rags through exceptional media coverage alongside a prestigious partner, Renault F1 Team.
"This partnership will be a key part of LTC Group’s development strategy, to launch our brand in new markets and perhaps eventually to develop a network of own-brand boutiques. This new agreement will definitely strengthen the LTC Group internationally.".
Credit: The F1 Times
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