Parent company Liberated Brands blamed fast fashion and e-commerce moving too quickly to sustain its outdated brick-and-mortar stores in bankruptcy filings.

More than 120 Billabong, Quicksilver and Volcom stores in the United States will close permanently following a bankruptcy filing by license operator Liberated Brands. Liberated Brands attorneys filed for Chapter 11 bankruptcy protection Sunday in Delaware bankruptcy court,

More than 100 stores will close now that Liberated Brands has filed for bankruptcy, which affects the Quiksilver, Billabong and Volcom brands. Why It Matters. The three chains, kn