
News releases
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| December 11, 2009 |
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SAINTE-JULIE, QUEBEC, December 11th, 2009 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today released the results of its third quarter, ended October 31, 2009, which reflected improved performance over the third quarter of 2008 despite ongoing economic challenges in its industry. |
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| September 11, 2009 |
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SAINTE-JULIE, QUEBEC, September 11th, 2009 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today released the results of its second quarter, ended August 1st, 2009, which reflected the negative combined impacts of H1N1 flu-related vacation cancellations in May, unseasonable summer weather in June and July, and the general economic downturn throughout the quarter. |
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| June 17, 2009 |
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SAINTE-JULIE, June 17th, 2009 — Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village”) opens a brand-new store in les Promenades Beauport in Quebec. The new Bikini Village store at les Promenades Beauport , which reflects the chain’s modern new retail look, will offer the industry’s widest choice of swimwear, beachwear and accessories for men and women, 12 months a year. |
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| June 12, 2009 |
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SAINTE-JULIE, QUEBEC, June 12, 2009 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today released the results of its first quarter ended May 2, 2009, reporting steady total sales despite challenging economic, travel and retail conditions in virtually all markets. Net sales for the first quarter, which ended May 2, 2009, were $9.9 million – unchanged from the same period last year. Comparable sales, which compares sales from the same number of stores year-over-year, decreased by 4.6% for the first quarter. |
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| May 29, 2009 |
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SAINTE-JULIE, May 29, 2009 — Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village”) opens a brand-new store in Scarborough Town Centre, in Ontario. The new Bikini Village store at Scarborough Town Centre, which reflects the chain’s modern new retail look, will offer the industry’s widest choice of swimwear, beachwear and accessories for men and women, 12 months a year. |
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| May 20, 2009 |
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SAINTE-JULIE, May 20, 2009 — Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village”) opens a brand-new store in Cambridge Centre, in Ontario. The new Bikini Village store at Cambridge Centre, which reflects the chain’s modern new retail look, will offer the industry’s widest choice of swimwear, beachwear and accessories, 12 months a year. |
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| April 23, 2009 |
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Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today released the results of its fourth quarter of fiscal 2008 and of the full 2008 fiscal year, both of which ended January 31, 2009. The Company’s results reflect the mitigating effects of Groupe Bikini Village’s flexibility in the face of challenges like unseasonable summer weather and the general economic downturn faced by the entire industry in the second half of 2008. |
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| December 11, 2008 |
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SAINTE-JULIE, December 11, 2008 – Groupe Bikini Village inc. (TSX: GBV) (the “Company”) today released the results of its third quarter, which ended November 1, 2008. The results, which were characterized by moderate decreases in sales and profitability given the combination of the current economic downturn and the costs of the Company`s forward-looking renovation and expansion strategy, also reflected the positive impacts of Groupe Bikini Village inc.`s recently-expanded retail presence. |
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| November 5, 2008 |
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STE-JULIE, QUEBEC, November 5, 2008 Groupe Bikini Village inc. (TSX: GBV) (the “Corporation”) continues to build momentum on its expansion and renovation strategy, with the opening of a brand-new store in the Upper Canada Mall in Newmarket, Ontario and the re-opening of its renovated stores at Place Rosemère, Galeries d’Anjou and Place Montréal Trust in the Montreal area. Each of these stores now reflects the chain’s modern new retail look, and offers a bright and comfortable environment for shoppers who want the industry’s widest choice of swimwear, beachwear and accessories for men and women, all year long. |
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| October 30, 2008 |
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STE-JULIE, QUEBEC, October 30, 2008 – Groupe Bikini Village inc. (TSX: GBV) (the “Corporation”) is replacing the $3 million asset-based financing facility it previously had with RBC, Asset Financing, with a more flexible and less expensive conventional revolving demand facility of up to $3 million from RBC, Commercial Financial Services, and a lease facility of up to $1 million from RBC Leasing Services. |
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| October 22, 2008 |
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STE-JULIE, QUEBEC, October 22, 2008 – Groupe Bikini Village inc. (TSX: GBV) (the “Corporation”) announces today the subscription by the Solidarity Fund QFL (the “Fund”) to an unsecured convertible debenture in the nominal amount of $2,000,000. This subscription is in addition to the $2,500,000 subscribed by the Fund on May 25, 2007 to an unsecured convertible debenture. It is made under the same terms and conditions and completes the $4,500,000 commitment made by the Fund on May 25, 2007. |
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| September 12, 2008 |
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Groupe Bikini Village inc. (TSX: GBV) (the “Company”) today released its second quarter 2008 report, for the three months ended August 2, 2008. The second quarter results, which reflected the reduced demand and customer traffic caused by the unseasonable weather experienced in virtually all of the Company’s markets this summer, also illustrated the positive mitigating impacts of the Company’s ongoing expansion and renovation strategy. |
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| June 19, 2008 |
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Tomorrow, Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village”) will open the doors to its brand-new store in Place d’Orléans, the major shopping mall in the largely suburban east end of Ottawa. |
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| June 12, 2008 |
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Groupe Bikini Village inc. (TSX: GBV) (the “Company”) today released the results of its first quarter, which ended May 3, 2008. |
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| June 10, 2008 |
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Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”)’s aggressive renovation and expansion plan has taken two significant steps forward, with the opening of a new outlet store in the Carrefour Champêtre in Quebec’s Eastern Townships and the opening of a re-located and fully renovated store at the popular Square One Mall in Mississauga, Ontario. |
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| May 8, 2008 |
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Groupe Bikini Village inc. (TSX: GBV) (the “Company”) has opened a new store on the first floor of the popular The Promenade mall in Thornhill, Ontario, which is located in a higher-traffic area and is one-third larger than its previous location on the second floor of that mall. |
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| April 30, 2008 |
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Groupe Bikini Village inc. (TSX: GBV) (the “Company”) has extended its Atlantic Canadian reach with the opening of a new store in Moncton, its first in New Brunswick. |
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| April 28, 2008 |
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Groupe Bikini Village inc. (the “Corporation”) announced today that it intends to proceed with a normal course issuer bid. Under the bid, the Corporation may purchase up to 13,740,779 common shares of the Corporation (the “Shares”), representing 10% of the public float as at April 22, 2008. |
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| April 17, 2008 |
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Groupe Bikini Village inc. (TSX: GBV) (the “Company”) today released its fourth quarter and year-end 2007 results, illustrating through growth in earnings, sales, and gross margins that its renovation and expansion strategy is leading the Company to improved financial and operational performance. |
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