The company's purpose is the distribution, manufacture and trade of goods of all kinds, in particular textiles, leather and imitation leather handbags and luggage, perfumery articles, watches and jewelry, as well as the provision of services in the areas related to the traded goods. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.