Liberated Brands Files for Chapter 11 Bankruptcy, Plans to Close 122 Stores
Liberated Brands, the parent company of several sport, outdoor and lifestyle apparel retailers, has initiated Chapter 11 bankruptcy proceedings, according to court documents filed in Delaware. Liberated Brands’ portfolio of retailers includes Volcom,
The move comes after the group lost part of its licensing agreement with Authentic Brands Group for the Boardriders portfolio.
Liberated Brands LLC has received interim approval to access $25 million of its $35 million debtor-in-possession (DIP) ...
Sporting goods and apparel retailers have faced an array of economic issues since the industry faced store shutdowns in 2020 ...
Liberated Brands, an apparel seller under labels that include Volcom, Billabong and Spyder, has filed for bankruptcy and plans to shut more than 120 stores in North America after struggling with ...
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