As the Aristocrat Group Corp. (OTCQB: ASCC) works to expand its distilled offerings, a major resurgence in the market for American whiskey is creating a wealth of new opportunities for beverage alcohol companies.
Last year, more than 20 million nine-liter cases of Bourbon and Tennessee whiskey were sold in the U.S. alone, according to figures released by the Distilled Spirits Council of the United States. Those sales generated nearly $2.9 billion in revenue for distillers. The council also attributed the greater domestic spirits industry’s success in 2015 to strong growth in the whiskey sector, which saw revenues rise eight percent.
Reflecting the American marketplace’s increasing interest in premium spirits, High End Premium and Super-Premium brands have driven growth over the past five years. High End Premium revenues rose 50 percent, and Super-Premium revenues 155 percent.
It is just this sort of high-end product that ASCC is working to add to its roster of distilled spirits brands. The company is currently pursuing potentially lucrative acquisitions that would allow the company to capitalize on the meteoric rise in whiskey’s popularity at home and abroad.
“All of the growth is being driven by consumers’ renewed interest in fine cocktails,” said ASCC President Chris Less. “As a result, our acquisitions strategy is concentrated on the premium end of the marketplace.”
ASCC plans to introduce multiple new brands to the marketplace in 2016 in order to capture a larger share of the 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 (OTCBB: 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.
Chris Less, 702-761-6866