The company's purpose is to operate the retail business bergluft Saas-Fee as well as to trade in clothing, accessories, decorations, and lifestyle articles, and to carry out all activities directly or indirectly related to this purpose. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business 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, and grant securities for liabilities of affiliated companies.