Bye-bye beloved beachwear! Quicksilver, Billabong and Volcom stores are closing after Chapter 11 bankruptcy filing. See all nine Florida locations

Liberated Brands filed for Chapter 11 bankruptcy protection, which will result in hundreds of retail closures.

A rise in interest rates, persistent inflation, supply chain delays, a decline in consumer demand, a shift in consumer preferences, and substantial fixed costs were all listed as challenges the company has faced.