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International Business Times

Business

Mark Moore

All Quiksilver And Billabong Stores In US To Close After Owner Files For Bankruptcy

Billabong Fast Company Liberated Quicksilver Volcom

A Billabong store in New York City. Liberty Brands, the company that owns Billabong, Quicksilver and Volcom, said it will shutter 120 stores across the United States after filing for Chapter 11 bankruptcy this week. (Credit: Spencer Platt/Getty Images)

The company that owns Billabong, Quicksilver, Volcom and Roxy will close 120 stores across the United States after it filed for Chapter 11 bankruptcy in Delaware this week.

Liberated Brands will also shutter its international offices and has laid off 1,400 employees, Fast Company reported.

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