The purpose of the company is to trade in watches, jewelry, fashion items, clothing, works of art, leather goods, and electronic devices. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party accounts, as well as provide guarantees and sureties for subsidiaries and third parties. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and enter into all transactions and conclude contracts that are directly or indirectly related to its purpose.