AMERICAS DISTRESS DAILY: Owner of Quiksilver Files Bankruptcy

Feb. 4, 2025, 1:26 PM UTC

Liberated Brands, which until recently operated skateboard and surfing-inspired retail brands including Quiksilver, Billabong and Volcom, has filed for bankruptcy as more customers choose “fast fashion” competitors.

In Other News:

  • Discount retailer Essex Technology Group, which does business as Bargain Hunt, has filed for bankruptcy, marking deepening woes for stores that target budget-conscious shoppers.
  • YPF sold all of its shares at YPF Brasil Comercio de Derivados de Petroleo to GMZ Holding and IGP Holding Participacao, according to a filing.

From Bloomberg Intelligence:

  • GOL Leans on DIP Lenders for Chapter 11 Exit Financing Support
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