The Company's purpose is the design, production, trade, import, logistics, and export of clothing articles and related accessories, leather goods, perfumes, footwear, jewelry, costume jewelry, eyeglasses, and general merchandise. The Company may engage in all commercial and financial activities, manage production and brands, conduct market research and analysis, develop, coordinate, and direct projects, provide financial, technical, or other consulting services related to the Company's purpose. The Company may establish branches and subsidiaries in Switzerland and abroad, hold shares in other companies, represent third parties, and conclude any type of agreement that may promote the Company's purpose or be directly or indirectly related to it. The Company may acquire, hold, administer, encumber, and sell real estate in Switzerland and abroad, excluding transactions prohibited by the Federal Law on the Acquisition of Real Estate by Persons Abroad (LAFE). In pursuing its corporate purpose, the Company may consider the interests of the Shareholders. In particular, the Company may grant loans or other direct or indirect financings, including those under cash pooling agreements (including zero balancing), to directly or indirectly controlled companies and to third parties, including its direct or indirect shareholders and companies directly or indirectly controlled by them; to guarantee the obligations they incur, the Company may provide guarantees or bonds of any kind, including pledges on the Company's assets or fiduciary transfers of the same. All of this may occur even without consideration, on preferential terms, interest-free, by suppressing the Company's profit purpose and/or assuming significant risks (cluster risks).
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