Dolmetsch deal gives Niclas first airport stores

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The Swiss watches and sunglasses retailer and travel-retailer supplier has acquired gifts retailer Dolmetsch, including two stores at Zurich International airport

Niclas is to adopt a new role as a travel retailer after acquiring Zurich-based gifts and pocket-knives retailer Dolmetsch. Niclas?which already runs watch and sunglasses outlets in Switzerland and supplies to the travel-retail market?has bought the company's 11 retail outlets, including stores at Zurich airport terminals A and B, from multi-sector retailer Valora for an undisclosed sum with retrospective effect from January 1.

The deal offers good synergies with Niclas' existing retail business, watch&see, as well as broadening the company's product portfolio, which already includes watches from Wenger, CAT and Camel Active, sunglasses from Burberry, Gucci and Diesel and Wenger Swiss Army knives.