Clothing company Ridenco is to cease the distribution of Italian brands Robe di Kappa and Kappa on the Greek market from May next year.

Ridenco's contract with the brands' parent group BasicNet SpA, which ends on 31 December 2009, will be terminated early, on 30 April 2004.

Ridenco said that it is too early to predict what effect the decision will have on its financial performance.

Ridenco, which manufactures and distributes men's and ladies' clothing and footwear, also markets the Timberland, Weekender, Ellen Edmonds and Windsor brands.