News releases

SAINTE-JULIE, QUEBEC, September 11^th, 2009 – Groupe Bikini Village inc. (TSX: GBV) (“Groupe Bikini Village” or the “Company”) today released the results of its second quarter, ended  August 1^st, 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.

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.

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.

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.

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.

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.

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.    

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.      

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.

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.