The purpose of the company is the design, conception, trade and production of fashion, lifestyle, leisure and sports articles. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may acquire, hold, encumber and sell real estate. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to provide financing for its own account or for the account of third parties, as well as to grant guarantees and sureties for subsidiaries and third parties.