The company's purpose is to develop, manufacture, distribute, sell and rent sports equipment and other articles for sports/leisure as well as to provide services related to outdoor activities. The company may establish subsidiaries and branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, hold and manage intellectual property rights, and acquire and sell real estate. The company may engage in all commercial, financial and other activities that are related to its purpose. Furthermore, it may grant loans to its (direct or indirect) shareholders or other group companies and also secure its obligations towards third parties in any form, in particular through pledges, security assignments or security transfers or guarantees of all kinds, for consideration or free of charge.