<PAGE>   1
                                                                   EXHIBIT 10.23


              CONTRACT FOR PURCHASE AND SALE No 0IS - RB- 1/2000




CITY OF MOSCOW                                                    MAY 19, 2000

Open joint-stock company OOO "PERFUME-LIGHT" represented by its Director General
M.I.Dronfort acting on the basis of the company's Charter, hereinafter referred
to as "The Seller", and close joint-stock company ZAO "OXIRIS", hereinafter
referred to as "The Buyer" and represented by V.A.Dolgov, acting on the basis of
the Charter, entered into the present Contract on the following:

                           1. SUBJECT OF THE CONTRACT
1.1. The Seller shall hand over, and the Buyer shall pay for the Goods
     (perfumery and household chemicals) as per the Seller's price list and on
     the conditions of the present Contract.
1.2. The Goods shall be surrendered on the basis of an oral or written order of
     the Buyer. Quantity and assortment of the Goods shall be indicated in
     waybills enclosed with each shipment.

                             2. PRICE OF THE GOODS
2.1. Price of the Goods shall be established in USD. Unit prices of the goods
     are shown in Addendum 1, which is an inseparable part of this Contract.
2.2. Price change is admitted within the validity term of the Contract. When
     taking a decision to introduce changes in the price list, the Seller should
     give the other Party a written notification at least 14 (fourteen) days in
     advance of the actual price change. Price change shall be fixed in the
     Addendum and agreed upon by the Parties.

                    3. RIGHTS AND OBLIGATIONS OF THE PARTIES
3.1. Rights and obligations of the Seller:
       3.1.1. The Seller undertakes to deliver to the Buyer Goods of proper
              quality, conforming to certificates, other technical
              documentation, and to the sanitary regulations, subject to
              availability of the Goods at the Seller's warehouse, against an
              order made up by the Buyer within 24 hours of the receipt of the
              order.
       3.1.2. The Seller is obliged to replace inferior Goods within 5 (five)
              days of receipt of the Buyer's notice of such Goods. Inferior
              Goods are Goods with visible or latent defects; Goods returned by
              third parties on account of defects which appeared through the
              Seller's fault and were not specified by him at the surrender of
              the Goods; and Goods the content of which fails to meet the
              requirements of the current legislation.
       3.1.3. In case the Goods are not in stock at the Seller's warehouse, the
              Seller is obliged to notify the Buyer of a possible delivery date
              within 24 hours.
       3.1.4. The Seller shall make out shipping documents.
       3.1.5. The Seller shall guarantee the quality of the Goods within the
              limits of the manufacturer's guarantee.

3.2. Rights and obligations of the Buyer:
       3.2.1. The Buyer shall accept the Goods from the Seller on conditions EXW
       Moscow warehouse of the Seller.
       3.2.2 During the acceptance of the Goods the Buyer shall check their
       quantity and assortment, make out and sign appropriate documents, and
       inform the Seller of the defects detected during the acceptance of the
       Goods. The Buyer has a right to refuse acceptance of the Goods in case
       their assortment or quantity does not correspond to that stated in the
       application.
<PAGE>   2

                  4. PRICE OF THE GOODS AND PAYMENT CONDITIONS
4.1. Price of a batch of Goods is established in rubles and is calculated as a
     number of units of the Goods multiplied by their price in accordance with
     Article 2.1.; calculations shall be made at the date of payment for a
     particular batch.
4.2. Date of payment shall be the date when funds are written off the Buyer's
     account.
4.3. The Buyer shall pay for the Goods by bank transfer to the Seller's account
     on conditions of fourteen day deferred payment from the date of acceptance
     of the Goods.


                           5. LIABILITY OF THE PARTIES
5.1. In case of non-fulfillment by one of the Parties of any provision of the
     present Contract, dispute shall be settled by way of negotiations. If the
     parties fail to come to an agreement, the case shall be referred to the
     Moscow Arbitration Court.


           6. TERM OF THE CONTRACT AND PROCEDURE FOR ITS TERMINATION
6.1. This Contract shall come into force upon being signed by the authorized
     persons of the Parties.
6.2. The term of the present Contract shall be fixed at one calendar year. The
     Contract shall be prolonged automatically for the next term unless one of
     the Parties has given the other Party a month's written notice of its
     termination or revision of the Contract.
6.3. The Contract can be terminated upon the request of one of the Parties
     subject to the condition that the other Party is given a written notice at
     least one month prior to the termination of the Contract.

                                7. FORCE-MAJEURE
7.1. In case of force-majeure circumstances brought about (directly or
     indirectly) by such events as flood, fire, earthquake, epidemic, military
     conflicts, acts of terrorism, civil unrest, strikes, directions, decrees
     and other administrative interference of the government or other decrees,
     restrictions imposed by the administration or the government, which
     influence the fulfillment of the obligations under the Contract, or other
     circumstances beyond reasonable control of the Parties, fulfillment of
     these obligations is postponed for the period of duration of these
     circumstances, if they significantly affect the timely performance of the
     whole Contract or a certain part of it due to be performed after the
     beginning of force-majeure circumstances. The Parties are to give each
     other an immediate written notification of the beginning and completion of
     the force-majeure circumstances hindering the fulfillment of the
     obligations under the Contract. The Party referring to force-majeure
     circumstances must provide a certificate of the competent state body.

                                8. MISCELLANEOUS
8.1. This Contract can be changed and supplemented by a written agreement of the
     Parties, signed by the authorized representatives of the Parties.
8.2. Within two working days of signing this Contract the Parties shall delegate
     their senior employees (one from each side) to organize a system of data
     exchange between the Seller and the Buyer.
8.3. Within two weeks of signing this Contract the working groups of the Parties
     under supervision of the senior employees shall agree upon every detail of
     the technical cooperation concerning the exchange of information about the
     Goods and prepare a Protocol describing the procedure of information
     exchange and update, which shall be approved by the authorized
     representatives of both Parties and shall be an inseparable part of this
     Contract.
<PAGE>   3

9.   ADDRESSES AND BANK DETAILS OF THE PARTIES

<TABLE>
        THE SELLER                                                 THE BUYER
<S>                                                <C>
Full name                                           Full name
of the company: OOO "PERFUME-LIGHT"                 of the company: ZAO "OXIRIS"
Legal address : 127247, Moscow                      Legal address : 117802 Moscow
Dmitrovskoye shosse, bldg. 107                      Nauchnyi proezd 12
Telephone : (095) 737-33-45                         Telephone : (095) 334-4411
Fax : (095) 737-33-45                               Fax : 937-5060
Name of the bank:  "TEMBR-BANK"                     Name of the bank: AKB "Evrozapsibbank"
Account: 40702810100000001074                       Account: 40702810700030000049
Bank identification code: 04458140                  Bank identification code: 044585726
Correspondent                                       Correspondent
account : 30101810200000000140                      account : 30101810000000000726
TIN: 7713205758                                     TIN: 7706200205
All-Russian industry classification code: 71100     All-Russian industry classification code: 71100, 71200
All-Russian enterprise and organization code:       All-Russian enterprise and organization code: 51260913
49954490
</TABLE>







           OOO "PERFUME-LIGHT"                ZAO "OXIRIS"


                    /M.I.Dronfort/                                  /V.A.Dolgov/
--------------------                          ----------------------
Director General                              Director General


May 19, 2000                               May 19, 2000