The company's purpose is the manufacture/production, import and export, as well as the trade in cosmetic products, foodstuffs, jewelry, textiles, hygiene products, perfumery items, and accessories, as well as the provision of consulting and services related thereto. Furthermore, the company's purpose includes research/development of, or the perfection and exploitation of new processes and industrial property rights in the field of the aforementioned products, as well as the acquisition and granting of licenses. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real property in Switzerland and abroad. It may also arrange financing for its own or third-party account and provide security for the liabilities of affiliated companies.