LAS VEGAS--(BUSINESS WIRE)--The popularity of whiskey and bourbon has skyrocketed so high in recent years that it has sparked persistent fears of barrel shortages as demand outstrips supply in the U.S. and around the world. The Aristocrat Group Corp. (OTCQB: ASCC) is currently pursuing potential brand acquisitions that would allow the company to capitalize on the unprecedented rise of brown spirits.
An increase in sales of American whiskey largely drove the growth of the U.S. distilled spirits market in 2015. Its total value rose last year to nearly $72 billion, an increase of more than four percent. The combined domestic revenues for bourbon, Tennessee whiskey and rye whiskey shot up 7.8 percent to $2.9 billion in 2015, up $210 million from the prior year, according to figures from the U.S. Distilled Spirits Council. Exports grew, as well.
The trend driving the whiskey explosion is consumers’ shift toward craft cocktails. Distiller spirits consumers, particularly Millennials, are more interested in high-end, flavorful, premium products than ever before. A surge in interest in the provenance and authenticity has allowed micro-distillers to shake up the marketplace and carve out market share from the U.S. whiskey giants.
That’s good news for ASCC, says company president Chris Less.
“The super-premium whiskeys are flying off the shelves the fastest,” Mr. Less said. “We’re already offering top-shelf distilled spirits to consumers. Adding brown beverages to our lineup of brands is a no-brainer.”
ASCC is currently conducting due diligence toward to potential acquisition of an international beverage alcohol company with a large portfolio of spirits brands, including whiskeys. The company plans to introduce multiple new brands to the marketplace in 2016 in order to capture a larger share of the distilled spirits market’s historic growth.
For more information, please visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
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).
For more information about the Aristocrat Group Corp., visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
For more information on Ultra-Premium Handcrafted RWB Vodka, please visit www.rwbvodkaco.com.
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