Marc O'Polo, a Swedish-German fashion label, agreed to acquire the Swiss business from Bollag-Guggenheim, an apparel & fashion company. Financial terms were not disclosed. "I would like to express my sincere thanks to Bollag-Guggenheim AG for our great and extremely successful cooperation over the past 18 years. Marc O'Polo is one of the top brands in the premium segment in Switzerland. We are thus taking over a carefully built wholesale and retail business with professional employees and stores in prime locations. We now need to continue and further develop this. I would like to extend a warm welcome to all Swiss employees. We are very much looking forward to meeting you and are sure that we will work together successfully as one team," Maximilian Böck, Marc O'Polo CEO.