Sponsors
Billabong ▼ 0.000 | PPR - 0 | American Apparel ▲ +0.019 | The Buckle ▼ -0.60 | Columbia ▲ +0.21 | Deckers Outdoor ▼ -0.15 | Dicks ▼ -0.74 | Foot Locker ▼ -0.81 | Genesco ▲ +0.03 | Iconix Brand Group ▼ 0.00 | Jarden Corp ▼ -0.65 | Nordstrom ▼ -0.73 | Luxottica ▼ -0.48 | Nike ▲ +0.34 | Pacific Sunwear ▼ -0.16 | Skullcandy ▼ -0.01 | Sport Chalet - 0 | Urban Outfitters ▼ -0.20 | VF Corp ▼ -0.19 | Quiksilver ▼ -0.01 | Zumiez ▼ -0.22 | Macys ▼ -1.46 | Tillys ▲ +0.12 |
Ticker Sponsor
Readers Say
It pertains to my business
It pertains to my business

I’m an avid reader of Shop-Eat-Surf because it’s really the only online newsletter that I have found that is not only industry related, but also because it’s not so “guy-centric.” I find that a lot of the information I read on the site pertains to my business (as a swimwear designer) and keeps me up to date on what other companies and other women in the industry in general are doing which is not only inspiring but also helps me gauge the future direction of my business as well.

I feel privileged to read the Executive Edition because I know I am getting insider industry information before it hits the mainstream media channels. And it’s always good to know what my friends are up to in the industry.

- By Monica Wise, Founder, L*Space
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
Industry Insight

TAYLOR DIGITAL: Google's algorithm change April 21 will favor mobile sites.
SURFRIDER: Update: Trestles saved, again.
ROTH CAPITAL PARTNERS: 6 consumer sector take-aways from investor conference.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Markdowns hurt Bikini Village margins

By Tiffany Montgomery
June 17, 2009 9:30 AM

Bikini Village, a 61-store chain in Canada that carries industry swimwear brands, said its margins were hurt by markdowns in the quarter ended May 2, as consumers grew reluctant to shop.

Sales for the quarter were flat at $9.9 million, while same-store sales fell 4.6 percent. (All figures are Canadian dollars)

The company, based in Quebec, recorded a net loss of $286,000 vs. a net income of $167,000 during the same quarter last year.

Bikini Village will continue to expand in key markets and renovate older stores, CEO Yves Simard said in a note to investors.

The company has recently expanded beyond its traditional territories of Ontario and Quebec into Nova Scotia and New Brunswick.

Bikini Village carries swimwear and boardshorts from brands such as Paul Frank, Roxy, O'Neill, Billabong, Volcom, Hurley, Raisins, Body Glove and L*Space.

 


Articles You Might Have Missed