All Quiksilver, Billabong and Volcom stores will be closing in the U.S due to a voluntary bankruptcy filed by Liberated Brands.

Liberated Brands, the operator for Billabong, Quiksilver, and Volcom, filed for bankruptcy effectively closing the popular retailers in the U.S.

Virtually all Quiksilver, Billabong and Volcom stores in the U.S. are closing. The shutdown comes as the licensee Liberated Brands has filed for bankruptcy. The brands will continue to be sold, however,