Quiksilver began store-closing sales this week at some locations it plans to shutter in the U.S. during the bankruptcy process.
We saw the store-closing sales in Orange County, Calif., and a SES reader also sent us photos of a going-out-of-business sale at the Quiksilver Times Square location in New York City. According to court documents, the company owes the Times Square landlord $1.9 million.
Goods in the Orange County stores were marked down 20% to 40%, though the vast majority were marked down 20%, at least at the Quiksilver store at South Coast Plaza.
Other stores closing in Orange County include the DC store at Irvine Spectrum and the Roxy store at Fashion Island.
Quiksilver told us that the goal is to get out quickly in key markets – namely Southern California and New York.
The stores they plan to keep are profitable and are viewed internally as brand-building stores.
For a full list of the 27 stores slated for closure, see our previous story here.
