The company's purpose is to develop, manufacture, trade, distribute and sell goods of all kinds, in particular consumer goods, household goods, electronics, clothing, food and other items of daily use. The company may enter into any business and conclude contracts that are suitable to promote the company's purpose or are directly or indirectly related to it. Furthermore, the company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may also acquire, encumber, sell and manage real estate, properties and immovable assets in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties and grant securities for liabilities of affiliated companies.