The purpose of the company is the wholesale and retail sale of textile products, clothing, furniture and accessories, as well as brokerage in such transactions. The company may open branches, subsidiaries and affiliates in Switzerland and abroad, acquire participations in other companies in Switzerland and abroad and acquire other companies or sell the acquired companies. The company may acquire, encumber, sell and manage real estate and securities in Switzerland and abroad. It may carry out all commercial and financial transactions directly or indirectly connected with its activities, provide guarantees and other securities and acquire, manage and exploit intangible assets.