The company's purpose is to buy and sell watches, works of art, antiques of all kinds, as well as to trade and distribute textiles, accessories, books, perfumes, cosmetics, furniture and other lifestyle articles. The company may establish relevant representations in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may grant patents and licenses, acquire and sell participations and real estate, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.