Liberty Brands bankruptcy: Quiksilver, Billabong and other brands to close all their stores in the US and number of layoffs

More than 120 stores across the United States selling skate/surf Billabong, Volcom and the Quicksilver brands are set to close down imminently after Liberated Brands filed for bankruptcy.

Liberated Brands has “worked tirelessly over the last year to propel these iconic brands forward, but a volatile global economy, consumer spending changes amid a rising cost of living and inflationary pressures have all taken a heavy toll,” the company said in a statement.

Despite Liberated’s demise and store closures, the three popular brands will not be disappearing. Authentic Brands Groups, the clothiers’ parent company stated: “affected clothing lines will be sold at speciality retailers, department stores and online thus “ensuring a more agile and resilient future.”

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