PIANO-FORTE SUISSE SA

Retail and wholesale trade in non-food goods, in particular clothing, including lingerie and sportswear, luggage and accessories. Franchising activities. Import/export and logistics activities for movable goods connected with the main activity or with other activities promoted by the company. The company may acquire, encumber, manage, administer and sell real estate, as well as participate in real estate companies and enterprises within the limits set by LAFE and applicable laws. The company may also acquire interests and participations in other companies, both in Switzerland and abroad, carrying out related, complementary or instrumental activities, as well as exercise all commercial, financial or other activities that are directly or indirectly related to the company's purpose. The company may open branches and subsidiaries in Switzerland and abroad.