The Versace Group (hereinafter to be called the "Group") is an international business set up in 1978, arising from the genius of its first founder, Gianni Versace, which continues to prosper today as a result of its mythical reputation - a fashion house recognised throughout the world. At present the Group operates in a multiplicity of institutional, economic, political, social and cultural contexts which are in continuous and rapid evolution. All Group activities must be carried out in observance of the law in the context of fair competition with honesty, integrity, propriety and good faith, respecting the legitimate interests of customers, employees, commercial and financial partners and the social context in which the Group's business activities are based. All those working in the Group, without distinction or exception, must be committed to observing, or ensuring the observance, of these principles in the context of their own functions and responsibilities.