ASCC Targets Underserved Market for Gluten-Free Vodka
MIRAMAR BEACH, Fla.--(BUSINESS WIRE)-- As the Aristocrat Group Corp. (OTCBB: ASCC) puts the finishing touches on its debut vodka brand for release this summer, the company announced today that it plans to target the growing, underserved market for gluten-free spirits in the U.S.
ASCC's new vodka could be hitting the market at just the right time. According to market research firm NPD Group, there has been a steady increase over the last four years in the percentage of adults who claim they are cutting down on or avoiding gluten completely. About 28 percent of adults 18 and older reported they are avoiding gluten.
Some experts estimate about 6-7 percent of the U.S. population may be gluten-sensitive, meaning some 20 million people in the United States alone could have the condition.
To avoid gluten, consumers must reject products containing wheat, barley and rye, eliminating many liquor options. Made in the U.S.A. from Idaho potatoes, ASCC's new vodka will give gluten-sensitive consumers an exciting, new option for cocktails.
"Aristocrat's potato-based vodka will be one of very few gluten-free vodkas on the market," said ASCC CEO Robert Federowicz. "This market is underserved and opens up a new and growing consumer base for our products. Additionally, our new product will also be Paleo Diet-friendly, which we expect to increase its market potential and popularity with health-conscious consumers."
The company's new brand management division, Luxuria Brands, is readying two separate vodka brands for release this year to allow the company to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton SA (MC:FP), Diageo PLC (NYS: DEO) , BEAM Inc. (NYS: BEAM) and Brown-Forman Corp. (NYS: BF.B) .
About the Aristocrat Group Corp.
Through its brand management division, Aristocrat Brands, the Aristocrat Group Corp. is on the path to becoming a provider of premier luxury goods, including top-shelf distilled spirits. The company targeted the growing market for quality domestic liquor in order to deliver maximum returns to our shareholders.
The Aristocrat Group Corp. is also exploring smart growth initiatives to position itself as the premier resource for women's lifestyle products and services, including motherhood resources. For more information, please visit www.aristocratgroupcorp.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
The Aristocrat Group Corp.
Robert Federowicz, 850-269-6801
President and CEO
KEYWORDS: United States North America Florida
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