MIRAMAR BEACH, Fla.--(BUSINESS WIRE)--A recent study of bar, restaurant and night club pricing practices suggests that premium spirits such as RWB Ultra-Premium Handcrafted Vodka, the premiere spirit of the Aristocrat Group Corp. (OTCBB: ASCC), provide a stronger return on investment for consumers compared to less-expensive brands that are marked-up to reach the price point of premium spirits.
Research by Business Insider shows that premium spirits such as the multiple award-winning RWB Vodka are the best option for consumers who are enjoying an evening out. Less expensive spirits are, on average, marked-up by 456 percent from the original cost. The significant mark-up is the result of establishments targeting a 70 to 80 percent profit on sales.
“Premium spirits such as RWB Vodka are worth every penny because their superior quality always leaves the consumer satisfied,” ASCC CEO Robert Federowicz said. “This study shows that you really do get what you pay for.”
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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