The purpose of the company is to trade in textiles, fabrics, haberdashery, accessories and other goods in the textile sector. The company also aims to manufacture clothing, accessories and other textile products, as well as to provide sewing courses, consulting, training and other services in the textile sector. The company may establish subsidiaries and branches in Switzerland and abroad, and may also carry out all legal transactions that may be necessary or useful for the purpose of the company or to promote its development or that of group companies. Furthermore, the company may participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees, sureties or other securities of any kind for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies and are granted free of charge.