Swimco has declared bankruptcy and closed all store locations “until further notice,” according to a recent announcement on its website.
“Thank you for all the support and memories you gave us during this adventure,” the company said.
The Canadian swimwear retailer — which started with mail-in orders in 1975 and opened its first store in Calgary in 1982 — closed all shops on Oct. 10. Swimco went bankrupt after it was “unable to make a viable proposal” to restructure the business.
Get breaking National news
Swimco’s online store remains open, with all sales final and no gift cards accepted.
-
![]()
How the Iran war is draining Canadians’ wallets at the pump -
![]()
Canadian retirees earning over $100,000 don’t need old age security cheques, advocacy group says -
![]()
Alberta family gets back $40K from dealership after new truck seized for being stolen -
![]()
Gas price swings fuel financial uncertainty for Canadians
Deloitte Restructuring Inc. was appointed as a trustee to manage the bankruptcy.
Swimco closed six of its 25 stores earlier this year in response to the COVID-19 pandemic, according to Brett Bacon, Swimco’s operations manager.
Comments
Want to discuss? Please read our Commenting Policy first.