The purpose of the company is to trade in textiles, handicrafts and all other products of the textile industry and its auxiliary industries in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad. The company may conduct business with related parties, even without adequate consideration, in particular with its direct and indirect shareholders as well as other group companies, notably grant loans to these persons or provide guarantees, sureties, pledges or other securities to secure their liabilities. The company may acquire real estate in Switzerland and abroad, invest in companies and acquire, manage, encumber and sell corresponding participations. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.