The design, development and marketing of watches, luxury watch-related items, jewelry and all products bearing the Tiffany brand. The company may acquire, hold, use and transfer patents, trademarks and technical know-how. The company may participate in enterprises, open branches and agencies and hold subsidiaries in Switzerland or abroad. The company may also participate in all commercial, financial or industrial operations directly or indirectly related to its purpose or which may contribute to its development. The company may grant loans or other direct or indirect financing to third parties as well as to all affiliated companies, including its own direct or indirect partners or their directly or indirectly held subsidiaries, as well as guarantees for the obligations of said companies, including in the form of pledges or fiduciary transfer of assets or in any form of guarantee, remunerated or not.