Story perspectives
Quiksilver Owner Files Bankruptcy, Closes 100+ Stores
2/6/2025
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Story summary
- Liberated Brands, owner of Quiksilver, Billabong, and Volcom, has filed for Chapter 11 bankruptcy, closing over 100 U.S. stores.
- The company cites fast fashion and economic pressures as key factors in its financial difficulties.
- Authentic Brands Group plans to transfer licenses to new operators, allowing brand continuity.
- This closure trend aligns with predictions of over 15,000 retail locations shutting down by 2025.
