The company's purpose is to engage in the trade, operation of retail stores and provision of services related to luxury goods, in particular watches, jewelry and precious metals. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights in Switzerland and abroad. The company may carry out all commercial, financial and other activities that appear suitable to promote the purpose of the company or are connected therewith. The company is authorized to take financing, restructuring and guarantee measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or provide security for their obligations.
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