The company's purpose is to trade in goods of all kinds, in particular furniture and home accessories. The company may establish branches and subsidiaries in Switzerland and abroad, participate in companies of any kind, take over representations and engage in any business activities and conclude contracts of any kind that may be beneficial to the company's purpose or are directly or indirectly related to it. It may acquire, hold, encumber and sell real estate in Switzerland and abroad, with the exception of transactions prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad. The company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries and third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, including within the framework of cash pooling agreements, and provide security of any kind for the liabilities of these parties, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind. This also applies without consideration, on preferential terms, without interest, to the exclusion of the company's profit motive and with the assumption of cluster risks.
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