Groupe Bikini Village Inc.

Groupe Bikini Village Inc.

August 04, 2014 10:08 ET

Groupe Bikini Village Announces Appointment of Isabelle Grise as President and Chief Executive Officer

SAINTE-JULIE, QUEBEC--(Marketwired - Aug. 4, 2014) - Jocelyn Dumas, Executive Chairman of the Board of Groupe Bikini Village inc. (TSX:GBV) today announced that Mrs. Isabelle Grisé has been appointed President and Chief Executive Officer of the corporation.

Mrs. Grisé was President and Chief Executive Officer of Fruits & Passion until its sale last year to South Korea's LG Corp. Prior to joining Fruits & Passion, Mrs. Grisé spent 17 years with La Senza, where she was Senior Vice President, responsible for planning, marketing and visual merchandising. Mrs. Grisé contributed to La Senza's growth until it was sold to L Brands and the head office moved to Columbus, Ohio.

"Mrs. Grisé brings a wealth of experience to Groupe Bikini Village with her vast knowledge and expertise in merchandising and marketing in a sector closely related to our own," said Mr. Dumas. "Furthermore, her solid track record for quickly improving company operations will prove crucial to our organization's transformation."

About Groupe Bikini Village

Groupe Bikini Village inc. is a leading swimwear retailer with a network of boutiques across Eastern Canada. In its inviting stores, Bikini Village helps its customers choose from among Canada's widest selection of swimwear, beachwear, travel clothing and beach accessories. Headquartered in Sainte-Julie, Quebec, Groupe Bikini Village operates 53 stores and employs approximately 400 people; its securities trade on the Toronto Stock Exchange under the stock symbol GBV. For more information about Groupe Bikini Village, please visit our website at

Forward-looking statements

This news release contains certain forward-looking statements concerning Groupe Bikini Village inc's future operations, economic performance, financial conditions, and financing plans. These statements are based on certain assumptions and analyses made by management in light of their experience and their perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate under the circumstances. However, whether actual results and developments will conform to management's expectations and predictions is subject to a number of risks, uncertainties and assumptions. Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by management will be realized or, even if substantially realized, that they will have the expected consequences or effects on the Corporation. Management undertakes no obligation and does not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable law.

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