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AMERICAN LEGEND COOPERATIVE AND SAGA FUR ENTER INTO LONG-TERM STRATEGIC ALLIANCE


Both Auction Houses Agree to Continue Selling Together


American Legend Cooperative of Seattle, Washington and Saga Furs of Helsinki, Finland have entered into a long-term strategic alliance to continue selling together at joint auctions in Helsinki, Seattle or other parts of the world. This alliance enables each company to focus on their core competencies and efficiencies to better serve their producers and clients. Both companies agree that this collaboration is mutually beneficial and provides added value to their customers and suppliers through enhanced marketing efforts and sharing of resources and ideas. Each company will maintain its autonomy and identity as they pursue new opportunities within this alliance. American Legend Cooperative operates as a marketing company based in Seattle, Washington, USA,and is founded, capitalized, owned and operated by mink producers from the United States and Canada. Representing more than 300 member owners, American Legend Cooperative was established to enable these North American mink producers to better serve the consumer by marketing their mink more effectively and efficiently. American Legend Cooperative’s rich tradition and long standing history serves as a testament to the superior products that are offered by the company’s two world renowned brands, BLACKGLAMA® and American Legend®. American Legend Cooperative employs global representatives in Kastoria, Montreal, Moscow, Seoul, Shanghai,Stockholm and Tokyo.