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Deleted products included in Chapter 11 Protection of the Coordinating Coordinating on the weekend and wants to close its retail stores where the Mquiksilver brands, Bilnabong and Volcom.
The company said to the Milk Press uninstalled from extinction to ‘use the planning fees and its business process. “It brought the movement to the US Court on the US Court in the District of Delaware closure about 124 shops as part of its bankruptcy.
The estimated release of $ 100 million to $ 500 million in its assets in its assets in its 11th’s chapter 11 application. Estimated debt was the same.
BiLenzong Shop in New York City area. (Michael Broccestein / SOPO Photos / Lightracket Via Getty Pictures / Getty Pictures)
The company said its US stores would remain open “as the company launched its efforts to improve its US trading facilities” but eventually will close the installation sales process. Delivered and with nine places in Hawaii, his prices are “negotiated,” according to release.
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CEO Todd Hymel said to the Court Fulfillment “that includes accelerating increase in the loan, prices, customer depreciation, and organized costs” was heavier.
Deliverance Makes Quiksilver Licenses, Bilnabong, Roxy, Rvca and Other True Products Brands since 2023, add to that of the Volcom, Hymel said in filling. Deliverance licenses using Volcomcoms, RVca and Bishabong in North America were terminated in the previous December last year “due to default related licenses,” according to the release of the release.
The release makes Quiksilver licenses, Bilzong, Roxy, Rvca and other actual product products from 2023. (Dan Himbrechts / Bloomberg with Getty / Getty Pictures)
Court sorting has revealed that those licenses are transferred to new operators, consumers will still be able to access those clothing.
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“Unusermosting partner that a partner cannot fulfill its obligations, which will change their obligations,” David Brooks, president of the actual body of Brands, said statement on Fox Business. “At the end, we have been very effective with the products released from the professional professional licenses for honest users within our network.”
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The Brooks said the release of the release of the release “was overwhelmed, more than expired” and “will be allowed to create a more amount, department shops, and e-commerce – varying the fate. “
Delivered by the Sale of the Liquidition of the US Store has already started.
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