The company's purpose is to trade in cosmetics, textiles and goods of all kinds. The company may extend its activities to related industries, as well as enter into and conclude all transactions that may be suitable to promote the purpose of the company or are directly or indirectly related to it. The company may also participate in other companies of any kind in Switzerland and abroad, establish, acquire and merge with them. It may acquire, encumber and dispose of intellectual property rights in Switzerland and abroad, as well as establish branches and agencies in Switzerland and abroad.