Liberated Brands, which until recently operated skateboard and surfing-inspired retail brands including Quiksilver, Billabong and Volcom, has filed bankruptcy as more customers choose “fast fashion” competitors.

Another major retailer has fallen victim to the shifting tides of the fashion industry. Liberated Brands, the operator of well-known labels like Roxy, Quiksilver, Billabong, and RVCA in the United States and Canada,

Parent company Liberated Brands blamed fast fashion and e-commerce moving too quickly to sustain its outdated brick-and-mortar stores in bankruptcy filings.

Liberated Brands, the company that once held the license to a number of surfing retail brands, including Quiksilver, Billabong and Volcom, has filed for bankruptcy.

Doors at the retail shops will be shut in about 10 weeks following Liberated Brands bankrupcy. Gift cards should be used before Feb. 16.

A trio of once popular clothing brands will shutter all remaining stores after their operator, Liberated Brands, filed for bankruptcy, according to CNN. More than 100 Billabong, Quiksilver and Volcom locations will close in the coming weeks as part of the bankruptcy proceedings.

Once-iconic skater and surfer brands Billabong, Volcom and Quiksilver are closing down Bay Area brick-and-mortar stores after their owner filed for bankruptcy.

More than 100 locations across the United States are shutting down in the coming weeks after their operator, Liberated Brands, filed for bankruptcy, blaming fast-fashion rivals and other economic factors for its financial struggles.