News releases

GROUPE BIKINI VILLAGE INC. REPORTS ITS RESULTS  FOR THE THIRD QUARTER OF 2011

Sainte-Julie, Quebec, December 7, 2011 – Groupe Bikini Village inc. (TSX: GBV) ("Groupe Bikini Village" or the "Corporation")  today reported the results of its third quarter of 2011. During the quarter, the Corporation reduced its traditional seasonal loss by delivering sales consistent with its performance in the same quarter a year earlier, while operating a smaller number of stores.

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GROUPE BIKINI VILLAGE INC. REPORTS ITS RESULTS FOR THE SECOND QUARTER OF 2011

SAINTE-JULIE, September 8, 2011 – Groupe Bikini Village inc. (TSX: GBV) ("Groupe Bikini Village" or the "Corporation") today reported the results of its second quarter of 2011, which were marked by a 4% decline in sales and a decline in our margins mostly due to the late arrival of summer weather conditions. Throughout this challenging early summer period, the Corporation continued to consistently apply its prudent and disciplined management approach, controlling both direct and indirect expenses and managing its inventories in a dynamic way, to mitigate the impact of this external factor.

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GROUPE BIKINI VILLAGE INC. REPORTS ITS RESULTS FOR THE FIRST QUARTER OF 2011

SAINTE-JULIE, July 5, 2011Groupe Bikini Village inc. (TSX: GBV) ("Groupe Bikini Village" or the "Corporation") today reported the results of its first quarter of 2011, reflecting slight decreases in sales and gross margins; effective control over direct and indirect expenses; and market-responsive, dynamic inventory management

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GROUPE BIKINI VILLAGE INC. ANNOUNCES THE APPOINTMENT OF MRS. HÉLÈNE F. FORTIN AS CHAIRWOMAN OF THE BOARD OF DIRECTORS

STE-JULIE, QUEBEC, May 27, 2011 - Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announces the appointment of Mrs Hélène F. Fortin, an established and respected professional accountant and company’s director, as Chairwoman of its Board of Directors. 

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GROUPE BIKINI VILLAGE INC. REPORTS SALES AND NET EARNINGS INCREASES
IN ITS FOURTH QUARTER TO CLOSE FISCAL YEAR 2010

SAINTE-JULIE, April 21, 2011 – Groupe Bikini Village inc. (TSX: GBV) ("Groupe Bikini Village" or the "Corporation") today reported fourth quarter 2010 results reflecting increased profitability, a stronger overall financial picture, and a good inventory position. Highlights of the quarter included increased sales, overall improvement in gross margins, tight control on direct and indirect expenses, and a disciplined approach to inventory management.

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GROUPE BIKINI VILLAGE INC. REPORTS SALES AND NET EARNINGS INCREASES
IN ITS FOURTH QUARTER TO CLOSE FISCAL YEAR 2010

SAINTE-JULIE, April 21, 2011 – Groupe Bikini Village inc. (TSX: GBV) ("Groupe Bikini Village" or the "Corporation") today reported fourth quarter 2010 results reflecting increased profitability, a stronger overall financial picture, and a good inventory position. Highlights of the quarter included increased sales, overall improvement in gross margins, tight control on direct and indirect expenses, and a disciplined approach to inventory management.

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HÉLÈNE F. FORTIN, FCA, ISA.A  APPOINTED ON THE BORD OF DIRECTORS OF GROUPE BIKINI VILLAGE INC.

SAINTE-JULIE, QUEBEC, December 16, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announces the appointment of Ms Hélène F. Fortin, an established and respected professional accountant and company’s director, on its Board of Directors. 
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SOLID SALES AND REDUCED LOSSES FOR GROUPE BIKINI VILLAGE INC.

IN ITS 2010 THIRD QUARTER



 

SAINTE-JULIE, December 9, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today reported that, for the second year running, it achieved solid sales in its third quarter of the fiscal year, a quarter traditionally marked by a seasonal slowdown in business volumes. The Company’s third quarter 2010 sales performance nearly matched the high standard it had set last year.

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GROUPE BIKINI VILLAGE INC. ANNOUNCES A CHANGE TO ITS BOARD OF DIRECTORS

 

SAINTE-JULIE, October 15, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announced that the Company’s board of directors has received and accepted the resignation of Mr. Scott Leckie, director of the Company, and would like to thank him for his services. The resignation of Mr. Leckie takes effect immediately.

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GROUPE BIKINI VILLAGE INC. ANNOUNCES THAT ITS SHARE CONSOLIDATION IS EFFECTIVE

SAINTE-JULIE, September 27, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announces that the consolidation of its outstanding common shares (“Shares”) previously announced in the Company’s press release of May 3, 2010 (the “Consolidation”) is effective. The Shares have been consolidated on a basis of one new Share for every 125 old Shares.

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GROUPE BIKINI VILLAGE INC. INCREASE ITS COMPARABLE SALES BY 28%

AND DELIVERS STRONG PROFITS IN ITS SECOND QUARTER OF 2010

SAINTE-JULIE, September 9, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today reported strong results in its second quarter of 2010. Highlights included a 25% increase in sales volume; an overall increase in gross margins; continued tight control over expenses; and a disciplined approach to inventory management, which led to a further reduction of the Company’s level of inventory.  

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GROUPE BIKINI VILLAGE INC. COMPLETES ITS RIGHTS OFFERING AND CONCURRENT PRIVATE PLACEMENT

SAINTE-JULIE, August 17, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announced the completion of its previously-announced offering of rights (the “Offering”) and concurrent private placement (the “Private Placement”). Under the Offering and the Private Placement, the Company issued a total of 71,218,178 common shares (“Shares”) at a price of $0.03 each (the “Subscription Price”), for total gross proceeds of $2,1 millions.
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GROUPE BIKINI VILLAGE INC. ANNOUNCES THE RECORD DATE

FOR ITS RIGHTS OFFERING

SAINTE-JULIE, July 9, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announced that it has fixed the record date for its previously-announced offering of rights (the “Offering”) and will mail to its holders of common shares a rights offering circular (the “Circular”) in connection with the Offering.
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GROUPE BIKINI VILLAGE INC. ANNOUNCES CHANGES TO ITS RIGHTS OFFERING

SAINTE-JULIE, June 30, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announced its intention to amend the terms of its rights offering (the “Offering”) previously announced on May 3, 2010. Under the Offering, each registered holder of the Company’s common shares (“Shares”) as of a record date to be determined in conjunction with the Toronto Stock Exchange (the “TSX”) will receive one right (a “Right”) for each Share held. Four Rights plus the sum of $0.03 (the “Subscription Price”) are required to subscribe for one Share (the “Basic Subscription Privilege”). The Company had previously announced that the Subscription Price would be $0.05. The Rights will expire on a date to be announced (the “Expiry Date”), after which unexercised Rights will be void and without value. The Rights will be listed on the TSX. Shareholders who fully exercise their Rights may subscribe pro-rata for any additional Shares not otherwise subscribed for before the Expiry Date (the “Additional Subscription Privilege”).

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GROUPE BIKINI VILLAGE INC. DELIVERS STEADY SALES

AND IMPROVED MARGINS IN ITS FIRST QUARTER OF 2010

 

 

SAINTE-JULIE, June 9, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today released financial results for its first quarter, ended May 1st, 2010, which reflect steady sales volumes, an overall increase in gross margins, continued tight control over direct and indirect expenses, and the Company’s disciplined approach to inventory management.

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GROUPE BIKINI VILLAGE INC. ANNOUNCES A RIGHTS OFFERING AND A

SHARE CONSOLIDATION

SAINTE-JULIE, May 3, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announced its intention to file a rights offering circular (the “Rights Offering Circular”) with the Toronto Stock Exchange (the “TSX”) and the securities regulators in respect of a rights offering to raise net proceeds of approximately $2.0 million (the “Offering”). Following the Offering and subject to the approval of the holders of its common shares (“Shares”), the Company intends to consolidate the outstanding Shares within a range of one new Share for every 100 currently outstanding Shares to one new Share for every 150 currently outstanding Shares (the “Consolidation”). The Company intends to proceed with the Offering and the Consolidation to address its capital requirements and capital structure in order to create its own opportunities.

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Groupe Bikini Village inc. delivers steady sales and

increased ITS profitability BY 30 % in its 2009 fourth quarter

despite travel industry slowdown

 

SAINTE-JULIE, April 23, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today released its financial results for both the fourth quarter and full fiscal 2009, both of which ended January 30, 2010 and reflected the positive impacts of the Company’s flexible operating strategies adapted to match market realities.

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Groupe Bikini Village inc announces a change to its board of directors

 

SAINTE-JULIE, March 9, 2010 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today announced that the Company’s board of directors has received the resignation of Mr. Mardiros Ounanian, Chairman and director of the Company, and would like to thank him for his services. The resignation of Mr. Ounanian takes effect immediately. Following Mr. Ounanian’s resignation, the board has immediately initiated a search for a director who could take on this role and these responsibilities.
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