Business
ASCC: America’s Whiskey Resurgence Generates Billions for Distillers
ASCC: America’s Whiskey Resurgence Generates Billions for Distillers.
About this update from Aristocrat Group Corp
[{"type":"text","content":"\n \n As the Aristocrat Group Corp. (OTCQB: ASCC) works to expand its \n distilled offerings, a major resurgence in the market for American \n whiskey is creating a wealth of new opportunities for beverage alcohol \n companies.\n \n \n Last year, more than 20 million nine-liter cases of Bourbon and \n Tennessee whiskey were sold in the U.S. alone, according to figures \n released by the Distilled Spirits Council of the United States. Those \n sales generated nearly $2.9 \n billion in revenue for distillers. The council also attributed the \n greater domestic spirits industry’s success in 2015 to strong growth in \n the whiskey sector, which saw revenues rise eight percent.\n \n \n Reflecting the American marketplace’s increasing interest in premium \n spirits, High End Premium and Super-Premium brands have driven growth \n over the past five years. High End Premium revenues rose 50 percent, and \n Super-Premium revenues 155 percent.\n \n \n It is just this sort of high-end product that ASCC is working to add to \n its roster of distilled spirits brands. The company is currently \n pursuing potentially lucrative acquisitions that would allow the company \n to capitalize on the meteoric rise in whiskey’s popularity at home and \n abroad.\n \n \n “All of the growth is being driven by consumers’ renewed interest in \n fine cocktails,” said ASCC President Chris Less. “As a result, our \n acquisitions strategy is concentrated on the premium end of the \n marketplace.”\n \n \n ASCC plans to introduce multiple new brands to the marketplace in 2016 \n in order to capture a larger share of the distilled spirits market’s \n historic growth.\n \n \n For more information, please visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.\n \n \n About the Aristocrat Group Corp.\n \n \n The Aristocrat Group Corp. (ASCC) identifies and promotes unique brands \n that have mass market appeal across diverse demographics. ASCC’s brand \n management includes premium luxury goods, including top-shelf distilled \n spirits like RWB Vodka. The Company targeted the growing market for \n quality domestic spirits in order to deliver maximum returns to its \n shareholders. ASCC, which hopes to capitalize on unprecedented \n new brand-building opportunities, is working to build a por...