00:00The company that owns Quicksilver, Billabong and Volcom is permanently closing all of its stores.
00:05More than 100 locations are shutting down in the U.S., including several stores here in Southern California.
00:11Liberated Brands, which sells surfer and skateboard inspired clothing, has just filed for bankruptcy,
00:16but the brands aren't disappearing.
00:18They'll be licensed to another operator to keep making the clothes.
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00:37TV.