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California dreamin’ has turned into a California nightmare.

Teen apparel retailer Pacific Sunwear of California filed for Chapter 11 on Thursday, joining Golden State chains American Apparel and Quiksilver in going belly-up.

PacSun management said it is planning to reorganize through a debt-for-equity swap with private equity firm Golden Gate Capital.

The 593-store chain has been struggling for years, as have many in the sector, including Eastern Mountain Sports, according to lawyer Tom Onder of Stark & Stark.

PacSun posted an operating loss in each of the last five years, totaling $288 million. It added another $12.5 million to the deficit in the nine months ended Oct. 31.

PacSun will continue to operate its business without interruption to customers, vendors, and employees, the company said.

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