Today's Business Headlines: 2/7/25
protection over the weekend and is looking to shutter its U.S. retail stores where it sold brands like Quiksilver, Billabong and Volcom.
Liberated estimated a range of $100 million to $500 million for its assets in its Chapter 11 bankruptcy petition. Estimated liabilities were the same.will stay open “as the company begins its efforts to effectuate the close of its U.S. retail locations” but will ultimately shutter once their liquidation sale process is completed. Liberated also has nine locations in Hawaii, whose statuses are “currently being negotiated,” according to the release.
Court filings indicated those licenses have been transferred to new operators, meaning consumers will still be able to get those clothing brands.
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Quiksilver, Billabong, and Volcom to Close All US StoresBeloved surf and skate brands Quiksilver, Billabong, and Volcom are shutting down all of their US stores after their parent company, Liberated Brands, filed for bankruptcy. The closures are attributed to a combination of factors, including fierce competition from fast fashion, rising living costs, and supply chain disruptions. Despite the store closures, the brands will continue to operate under new management and be sold through alternative retail channels.
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Quiksilver, Billabong and Volcom to Close All US StoresQuiksilver, Billabong and Volcom, once popular brands among Millennials, are shutting down all their US stores due to bankruptcy filed by their operator, Liberated Brands. The company cites fast fashion rivals, rising costs of living and inflation as key factors contributing to its financial struggles.
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Surfer, skateboard-inspired clothing brands Quiksilver, Billabong and Volcom to close all US storesMore than 100 locations across the United States are shutting down in the coming weeks after their operator, Liberated Brands, filed for bankruptcy, blaming fast-fashion rivals and other economic factors for its financial struggles.
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Quiksilver, Billabong, and Volcom to Close All US StoresQuiksilver, Billabong, and Volcom, once popular brands for young adults seeking surf and skate-inspired apparel, will be shutting down all their stores in the United States. This comes after their parent company, Liberated Brands, filed for bankruptcy, citing challenges posed by fast fashion competitors and the current economic climate.
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Quiksilver, Billabong, and Volcom to Close All US StoresQuiksilver, Billabong, and Volcom are permanently closing all of their stores in the United States after their operator, Liberated Brands, filed for bankruptcy. The company cited fast-fashion rivals, rising costs, and changing consumer spending habits as reasons for its financial struggles. While the stores are shutting down, the brands will continue to operate through other retailers.
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All Quiksilver, Billabong and Volcom stores to close in U.S.Marlene Lenthang is a breaking news reporter for NBC News Digital.
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