The company's purpose is the design, development, manufacturing, processing, assembly, and marketing of leather goods and articles as well as goods made from any other materials, particularly intended for the watchmaking, jewelry, leather goods, travel, and luxury goods sectors. The company may carry out all commercial and financial operations directly or indirectly related to its purpose. It may create branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, with the exception of taking stakes in companies holding real estate assets in Switzerland for residential purposes. The company may grant loans or any other form of financing to group companies or third parties, as well as provide securities of any kind, including guarantees or pledges, if this is in its interest.