Oriflame aligns legal structure with ongoing operational changes
Following ongoing changes in order to improve operational efficiencies, Oriflame intends to align its legal structure with the Group operations. These modifications may lead to change of domicile from Luxembourg to Switzerland within the next few years.In recent years, Oriflame has gradually improved operational efficiencies through the implementation of Global Shared Services in the areas of IT, Finance and HR as well as e-Commerce, cash pooling initiatives and inventory risk management. As part of this, Oriflame has moved activities, risks, management and functions to Switzerland. As a
