LAS VEGAS, NV / ACCESSWIRE / April 5, 2016 / The distilled spirits industry's whiskey category is enjoying a years-long upswing, and the Aristocrat Group Corp. (OTCQB: ASCC) is looking for ways to capitalize.
Last year, super premium Irish Whiskey grew 54.4 percent and high-end premium Irish Whiskey grew 13.7 percent, according to research by the Distilled Spirits Council. It was the continuation of a trend that has seen high-end and super premium Irish Whiskeys grow an incredible 589 percent and 3,054 percent, respectively, since 2002.
It's not just Irish Whiskey that is flourishing, either. U.S. whiskey sales are riding a five-year upswing, too, with supplier revenues rising 8 percent — roughly double the 4.1 percent growth in the overall distilled spirits sector. Last year, the category eclipsed $8 billion.
The Aristocrat Group is seeking out new opportunities to capitalize on that growth.
"Just as we've seen with vodka, the super premium end of the category is driving all of the growth right now," said ASCC President Chris Less. "There's a strong and thriving market for these products, and it is a market we hope to enter this year."
ASCC is currently working to significantly grow its portfolio of spirits brands, including whiskeys. The company hopes to introduce multiple new brands to the marketplace in 2016 in order to capture a larger share of the greater distilled spirits market's historic growth.
For more information, please visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
About the Aristocrat Group Corp.
The Aristocrat Group Corp. (ASCC) identifies and promotes unique brands that have mass market appeal across diverse demographics. ASCC's brand management includes premium luxury goods, including top-shelf distilled spirits like RWB Vodka. The Company targeted the growing market for quality domestic spirits in order to deliver maximum returns to its shareholders. ASCC, which hopes to capitalize on unprecedented new brand-building opportunities, is working to build a portfolio of successful brands to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton (NASDAQ: LVMUY), Diageo PLC (NYSE: DEO), and Brown-Forman Corp. (NYSE: BF-B).
For more information about the Aristocrat Group Corp., visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
For more information on Ultra-Premium Handcrafted RWB Vodka, please visit www.rwbvodkaco.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Aristocrat Group Corp.
Chris Less, 702-761-6866
SOURCE: Aristocrat Group Corp.