The company's purpose is to operate hair salons, provide services of all kinds in the field of hair and beauty care as well as cosmetics, trade in hairdressing and cosmetic products as well as fashion accessories and all activities directly or indirectly related thereto. The administration and rental of holiday homes and holiday apartments as well as the provision of all services related thereto. The maintenance of properties, cleaning work, landscaping, technical services as well as the brokerage of rental properties. The provision of services in the field of laundry, in particular the processing of textiles of all kinds, as well as the import, export and trade in and with textiles and all related businesses. The company may establish branches and subsidiaries at home and abroad and participate in other companies at home 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 estate at home and abroad. It may also provide financing for its own or third-party account and provide security for the liabilities of affiliated companies.