Frank Marilly
Frank Marilly is the CEO of Rémy Cointreau, a prominent French producer of fine wines and spirits. Under his leadership, the company has faced significant challenges due to a historic decline in demand for premium alcoholic beverages, leading to an unprecedented surplus of unsold stock valued at approximately €1.8 billion. Marilly has announced price reductions for their products and temporary closures of production facilities to manage the excess inventory effectively.
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Frank Marilly, the CEO of Rémy, stated that due to the surplus of raw alcohol, prices will have to be reduced.
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