The company's purpose is to engage in the import, wholesale and retail trade of goods of all kinds. The company may acquire, hold, encumber and sell real estate in Switzerland and abroad, establish branches and subsidiaries, and participate in other companies. The company may carry out all commercial, financial and other activities that are connected with its purpose. Furthermore, it may provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties. The company may also acquire, exploit or sell patents, trademarks and licenses, as well as other industrial property rights.