The company's purpose is to design, produce, sell and distribute clothing, textiles, jewelry, decorative items, lifestyle and home accessories, fabric development, as well as consulting and other services in these areas. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may acquire, hold, manage and exploit real estate and intellectual property rights, as well as sell them. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the company's purpose. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as grant loans to shareholders, group companies or third parties or provide security for their obligations.