The company's purpose is to purchase, sell, manage and rent properties, in particular commercially used real estate, as well as to market, distribute, purchase and sell luxury goods of all kinds, and to provide after-sales service. The company may trade in goods of all kinds and import and export them. The company may enter into any business and take any measures and conclude any contracts that are connected with or suitable to promote the company's purpose. The company may also participate in other companies of any kind in Switzerland and abroad, establish, acquire and merge with them. Furthermore, it may order securities and provide guarantees for its shareholders or other group companies, and grant loans to its shareholders or other group companies.