Liberated Brands began liquidation sales at its U.S.-based retail fleet Thursday, including many Volcom, Quiksilver, Billabong, Honolua and RVCA stores.
The company is working with retail liquidation experts Gordon Brothers on the process, SESO has learned.
Liberated operates about 100 stores in the region after adding former Boardriders-owned stores to its existing Volcom store fleet.
Authentic Brands Group, the owner of Volcom, RVCA, Quiksilver, Billabong, DC Shoes, Spyder, and myriad other brands, has pulled licenses previously held by Liberated Brands and given them to new operators.
So far, Authentic has not found new licensees for the retail stores and financially distressed Liberated is liquidating…