The company's purpose is to trade in goods of all kinds, in particular the sale of goods in its own retail stores. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies, and conduct all business directly or indirectly related to its purpose. Furthermore, it may acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third parties, and provide guarantees and sureties for its subsidiaries and third parties.