Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy Liberated Brands, the parent company of popular surfwear brands Quiksilver and Billabong, has recently made headlines by filing for bankruptcy. The retailer cited shifting consumer preferences towards fast fashion and rising costs as the primary reasons behind its financial struggles. This move marks a significant shift in the […]
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market Associated British Foods Plc, the owner of the popular fast-fashion retailer Primark, recently made headlines by lowering its sales growth forecast. The company cited weak UK consumer sentiment as a primary factor contributing to this adjustment, alongside a significant 6.4 percent drop in like-for-like sales during […]