Sales of U.S. distilled spirits increased nearly across the board in 2015, and the Aristocrat Group Corp. (OTCQB: ASCC) is making moves to diversify its spirits offerings and capture a larger share of the market’s growth.
U.S. spirits increased by 4.1 percent to nearly $72 billion in sales in 2015, according to a briefing from the Distilled Spirits Council. It was the sixth straight year that the spirits sector increased its market share over beer. Some of the factors that the Council credited with the growth included millennial drinkers’ increasing interest in premium products, the growth of “cocktail culture” and an industry focus on craft products. Especially strong growth was reported in the whiskey category for the second year in a row, with super-premium whiskeys selling particularly well in the U.S.
In order to capitalize on these market trends, ASCC is working to add new distilled spirits categories to its roster of brands in 2016. The company is conducting due diligence toward to potential acquisition of an international beverage alcohol company with a large portfolio of spirits brands.
The company continues to pursue other new opportunities to bring additional spirits brands and categories to market, as well, including whiskeys, tequilas, rums and vodkas.
“With the market’s growth expected to continue, the time is now to expand our offerings and pump up our revenues,” said ASCC President Chris Less.
For more information, please visit investors.aristocratgroupcorp.com.
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 (OTCBB: LVMUY), Diageo PLC (NYSE: DEO), and Brown-Forman Corp. (NYSE: BF-B).
For more information about the Aristocrat Group Corp., visit www.aristocratgroupcorp.com/investors.
For more information about RWB Vodka, visit www.rwbvodka.com.
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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.
Chris Less, 702-761-6866