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