The purpose of the company is the acquisition and management of subsidiaries in Switzerland and abroad, which are primarily active in the sale and trade of luxury goods, jewelry, watches, art and accessories. The company can establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It can acquire, hold and sell real estate. The company can also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company can grant loans and other direct or indirect financing to group companies and third parties, including their (direct and indirect) shareholders and their group companies, including within the framework of cash pooling agreements, and provide security of all kinds for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.