ELMEC SPORT S.A. signed an agreement with the Italian manufacturer GROTTO S.p.A. to import and distribute in Greece the apparel, footwear and accessories bearing the trademark GAS JEANS. Under this agreement, Elmec Sport shall be the exclusive distributor for Greece of the collections Active, Blue Label, Beachwear, Basic Collection, Underwear and Urban. Both its wholesale network as well as its existing and forthcoming retail stores will be utilised in distributing these products.