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Billabong, Volcom, Quiksilver to close Bay Area stores amid bankruptcy

Bankruptcy,Business

From the Left

Billabong, Volcom and Quiksilver — once staples of surf and skate culture — are closing all of their U.S. retail stores, including locations in the Bay Area. The closures follow Liberated Brands’ Chapter 11 bankruptcy filing this week. More than 100 stores nationwide are set to shut down in the coming weeks. The company cited competition, inflation and supply-chain delays as factors that contributed to its downfall. In a statement, Liberated said it “worked tirelessly over the last year to propel these iconic brands forward, but a volatile global economy,...

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