The purpose of the company is the design, development, manufacture and distribution of, as well as trading in, sports, lifestyle and everyday footwear as well as other sports articles including sportswear and other fashion items. The company may establish branches and subsidiaries, both domestically and abroad, participate in other companies, act as a representative, and engage in any business activities and conclude any type of contract that may be beneficial to the company's purpose or that are directly or indirectly related to the company's purpose. The company may acquire, hold, manage, encumber and sell real estate both domestically and abroad, except for transactions prohibited by the Federal Law on the Acquisition of Real Estate by Persons Abroad (BewG). In particular, the company may grant loans and other direct or indirect financings to its direct and indirect subsidiaries and to third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, within the framework of cash pooling agreements (including zero balancing), and provide securities of any kind for the liabilities of these parties, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind. This may also be done without consideration, on preferential terms, without interest, excluding the company's profit-seeking nature and/or by incurring clustering risks.
Outbound Leads by COHAGA