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 […]
This Week: On Black Friday, It’s Shein and Temu Versus the World
As the holiday shopping season heats up, recent data reveals a tough environment for many retailers. Credit card transactions analyzed by Earnest indicate a decline in consumer spending at major U.S. retailers. In the first half of November, spending was down 1.4% compared to the previous year, marking the first downturn recorded since 2017. This […]