The company's purpose is to trade, import and export goods of all kinds, in particular sports articles. The company may also conduct any business that is suitable to promote or facilitate the development of the company and the achievement of its purpose. In particular, the company may establish subsidiaries and branches in Switzerland and abroad, grant loans or other financing to its direct or indirect parent company and their direct or indirect subsidiaries, and provide security of any kind for the liabilities of such companies, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company may acquire, encumber, hold and sell real estate.