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Stock impact report

Rémy Cointreau creates “Prestige” division [Yahoo! Finance]

REMY COINTREAU UNSP/ADR (REMYY) 
NASDAQ:AMEX Investor Relations: remy-cointreau.com/en/finance/publications
Company Research Source: Yahoo! Finance
In a statement on LinkedIn today (11 March), the Rémy Martin owner said it had picked Ludovic du Plessis to head up the new division, which will look after the brands Louis XIII Cognac and Champagne Telmont. The unit will also oversee the group's perfume house Maison Psyché. Du Plessis will be in charge of "global development and brand awareness of our most exceptional luxury Maisons", the group said. He started at the French spirits major 14 years ago as executive director of the Louis XIII Cognac brand. Since 2020, he has been president of Champagne Telmont. Following the appointment, du Plessis will also now join Rémy Cointreau's executive team. Franck Marilly, CEO of Rémy Cointreau, said: "This division has to be at the forefront of luxury trends and aims to drive new business opportunities, with boldness and the highest standards of luxury knowledge. "I am convinced the experience and vision of Ludovic, nourished by more than 25 years of expertise in the luxury wines Show less Read more
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