The company's purpose is the purchase, sale, and marketing of women's, men's, and children's ready-to-wear clothing, fashion accessories, including shoes, glasses, and jewelry, as well as perfumes. The company may hold participations in other companies and acquire, operate, manage, and sell real estate and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and perform all legal acts related to its purpose or that may promote its development or that of companies in the same group. The company may grant direct or indirect financing to third parties, including companies in which it holds a direct or indirect participation, to its direct or indirect shareholders, and to companies in which they hold a direct or indirect participation, whether through loans or other financing, including within the framework of cash pooling agreements, as well as provide guarantees of any kind for their commitments, including through pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether for consideration or not.