Additionally, the company expressed optimism regarding the future of its employees.
“Despite this difficult change, we are encouraged that many of our talented associates have found new opportunities with other license holders that will carry these great brands into the future,” the statement continued.
Until Liberated Brands finalizes the closure of its more than 100 U.S. stores, locations will “remain open and continue serving customers.”
For more details, the official bankruptcy filing can be accessed here.
