MIRAMAR BEACH, Fla.--(BUSINESS WIRE)--In its pursuit of potentially lucrative new opportunities in the booming global bourbon market, the Aristocrat Group Corp.’s (OTCBB: ASCC) executive leadership is planning a trip to Kentucky and Tennessee to scout distilleries for possible partnership or acquisition.
Bourbon is currently the hottest distilled spirit in the world, and especially in the U.S., where bourbon and Tennessee whiskey revenue has leapt 47 percent over the past five years to a total of $2.68 billion in 2014. An IWSR survey commission by Vinexpo predicts that global bourbon sales will increase by nearly 20 percent more in the next five years, and ASCC is making plans to capitalize on that growth.
“Demand for bourbon is rising at an unprecedented pace,” said ASCC CEO Robert Federowicz. “Consumers around the world are clamoring for aged, authentic, hand-crafted bourbons, and Kentucky and Tennessee are where we’ll find them.”
ASCC will seek out the perfect bourbon to add to its growing stable of distilled spirits brands alongside its flagship product, RWB Ultra-Premium Handcrafted Vodka. The company is already hard at work testing new products, packaging and price points for release in 2015, with its next offering planned to hit store shelves this spring.
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). A second lifestyle vodka brand is set for debut in late 2014.
For more information about the Aristocrat Group Corp., visit www.aristocratgroupcorp.com/investors.
For more information about RWB Vodka, visit www.rwbvodka.com.
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