The purpose of the company is to trade in and manage real estate and other assets. In particular, it may trade in ladies' and gentlemen's ready-to-wear clothing and fashion items of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, grant and take out loans, provide guarantees and other securities, in particular in favor of affiliated and related companies, and conduct all business that is suitable to promote the purpose of the company and is connected with it.