![]() ![]() Clients include M.M.LaFleur, The North Face in Canada and Filippa K in Sweden, with about a hundred more interested brands currently in talks with the company. We're just giving them the technology and the tools to facilitate that so they don't have to build everything from scratch themselves," she says. "We really aim to support brands in a way that they still have ownership - they own the customer data, they own the program. According to Gittins, Archive - which recently secured $8 million in funding - was born out of a desire to help brands that want to "take back ownership" of the secondhand market in light of the exponential growth third-party sites were seeing, but don't know exactly how. Because actual result may differ, shareholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements.Encore was made possible by a partnership between Oscar de la Renta and Archive, a full-service resale company founded by Emily Gittins and Ryan Rowe at the end of 2020 that allows brands to either easily resell their own products or establish a marketplace in which customers can sell or buy pre-owned clothing. Such forward-looking statements are only predictions or statements of intention subject to risks and uncertainties and actual events or results could differ materially from those anticipated. This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), relating to future events or the future financial performance of the Company. Ready Make a 60-minute appointment: Call Encore (651.699. An additional 54 franchises have been awarded but are not open. Arrive at your reserved dressing room to try on head-to-toe outfits assembled just for you -At appointment time, we work together Buy only what you love.no minimum, no purchase requirement no commission, no gratuity expected or accepted. At September 24, 2022, there were 1,291 franchises in operation and over 2,800 available territories. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. Winmark – the Resale Company®, is a nationally recognized franchising business focused on sustainability and small business formation. During 2022, we have completed approximately $49.1 million of share repurchases and declared $19.2 million of dividends resulting in a total return of capital of $68.3 million." Heffes, Chairman and Chief Executive Officer, stated, "Today’s announcement reinforces the strength of our operating model and our continued commitment to return excess capital to shareholders. Future dividends will be subject to Board approval.īrett D. It is anticipated that Winmark will use cash on hand to finance the special dividend. 2215 Cleveland Road Suite 109 Sandusky, OH 44870. The total amount of the special dividend payment will be approximately $10.3 million based on the current number of shares outstanding. Encore Resale Marketplace Location & Hours. The special dividend of $3.00 per share will be paid on Decemto shareholders of record on the close of business on November 9, 2022. Additionally, the Board of Directors has approved the payment of a special dividend to shareholders. ![]() The quarterly dividend of $0.70 per share will be paid Decemto shareholders of record on the close of business on November 9, 2022. MINNEAPOLIS, October 12, 2022-( BUSINESS WIRE)-Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders.
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