The company's purpose is to trade in textiles and fashion items of all kinds. 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 sell real estate. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. The company may grant direct or indirect financing to third parties, including companies in which it is directly or indirectly involved, as well as direct or indirect shareholders or companies in which such parties are directly or indirectly involved, whether through loans or other financing, and provide security of any kind for their liabilities, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether for consideration or not, even if such financing or security is in the exclusive interest of companies in which it is directly or indirectly involved or of direct or indirect shareholders or companies in which such parties are directly or indirectly involved. The company may also conclude cash pooling agreements with other group companies.
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