MIRAMAR BEACH, Fla.--(BUSINESS WIRE)--Production totals for distilled spirits in the U.S. have steadily increased from this time one year ago, according to recently released statistics by the federal government. The demand for distilled spirits is a promising development for the Aristocrat Group Corp. (OTCBB: ASCC) and its premier distilled spirit, RWB Ultra-Premium Handcrafted Vodka.
In the U.S. Department of the Treasury Alcohol and Tobacco Tax and Trade Bureau’s Statistical Report – Distilled Spirit for the reporting period ending February 2014, net production for distilled spirits in February was 65 million proof gallons (PG) greater than in February 2013. In addition, current year cumulative year to date totals are almost 150 million pgs greater than prior year cumulative date, showing the demand for American-made distilled spirits in the U.S. continues to grow.
Vodka bottled for domestic use also experienced strong gains, with an over 750,000-bottle increase recorded in February over prior year current month (Feb. 2013).
“The growth of the distilled spirits industry aligns with our plans and expectations as we continue developing more products for this market,” ASCC CEO Robert Federowicz said.
ASCC 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), BEAM, Inc. (NYSE: BEAM) and Brown-Forman Corp. (NYSE: BF-B). By handling its own distribution business, ASCC hopes to capitalize on unprecedented new brand building opportunities through Luxuria Brands, its brand management division.
About the Aristocrat Group Corp.
Through its brand management division, Luxuria Brands, the Aristocrat Group Corp. is on the path to becoming a provider of premium luxury goods, including top-shelf distilled spirits. The Company targeted the growing market for quality domestic spirits in order to deliver maximum returns to our shareholders.
For more information about the Aristocrat Group Corp., please visit http://aristocratgroupcorp.com/investors/.
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