Production, distribution and trade of products in the fields of care and cosmetics of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and 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, sell and manage real estate in Switzerland and abroad. The company may acquire, hold and sell intellectual property rights and licenses of all kinds. It may provide direct or indirect financing to its direct or indirect subsidiaries as well as to third parties and provide security of all kinds for the liabilities of such companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.