DVS Shoe Co. files for bankruptcy

Action sports brand DVS Shoe Co. files for Chapter 11

Updated: May 25, 2012, 1:17 PM ET
By Keith Hamm | ESPN.com

A seemingly perfect storm of economic setbacks has lashed DVS Shoe Co. with such severity that the popular action sports brand filed for bankruptcy last week.

DVS's Chapter 11 filing, which includes Matix clothing (both brands are distributed by Podium), was reported on May 17, when company executives shared the news with shop-eat-surf.com.

DVS owners Tim Gavin and brothers Brian, Kevin, and Mike Dunlap -- who founded the brand in 1995 -- cited a number of ...

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