The company's purpose is the creation, manufacture, purchase, sale, transportation, distribution and trade in general of all textile products, clothing, shoes, accessories, cosmetics and all household items, equipment and related services; the acquisition, management and disposal of direct and indirect participations in all companies or enterprises in Switzerland and abroad, as well as the financing of these; the acquisition, development, administration and exploitation of patents and trademarks and intellectual and industrial property in general. 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 and dispose of real estate. The company may engage in all commercial, financial and other activities related to its purpose. The company may grant loans or any other form of financing to companies of the same group or to its shareholders, as well as provide guarantees of any kind, for the direct or indirect benefit of companies of the same group or shareholders, in particular in the form of guarantees, pledges or securities on the company's assets.