The creation, manufacture, distribution and sale of perfumes and other cosmetic products. The Company may carry out any commercial and financial transaction, directly or indirectly related to its purpose. It may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, hold, manage and sell real estate. With regard to real estate located in Switzerland, it will be limited to an exclusively commercial use. The Company may grant loans or any other form of financing to companies of the same group, as well as provide any kind of security, for the direct or indirect benefit of companies of the same group or third parties, in particular in the form of guarantees, pledges or securities on the Company's assets.