Upcoming Launch Positions ASCC to Make Big Impact
MIRAMAR BEACH, Fla.--(BUSINESS WIRE)-- With two upcoming brand launches and vodka consumption in the United States continuing to rise, the Aristocrat Group Corp. (OTCBB: ASCC) is extremely well positioned for a lucrative fourth quarter in the thriving $5.5 billion U.S. vodka market.
Luxuria Brands, ASCC's brand management division, is in the process of launching two vodkas, the first being RWB Ultra-Premium Handcrafted Vodka, a distinct vodka the federal government has approved labeling to be marketed as gluten-free. Directly behind this, Luxuria Brands plans to unveil the second vodka, an innovative product the company is very excited about, before the end of the quarter as well.
Bernstein Research, through a poll published by Impact Magazine, reported last month that vodka is the spirit of choice in the U.S., with the top five spots in the poll held by vodkas. Further validating vodka popularity, the poll also shows that 10 of the top 24 spirits brands in the U.S. are vodkas.
"With two vodkas being launched before the end of the year, we are well positioned for an active fourth quarter," ASCC CEO Robert Federowicz said. "The market for premium spirits is booming and we are poised to take advantage of that trend."
Luxuria Brands is working to build a stable of successful brands in order to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton (OTCBB: LVMUY), Diageo PLC (NYS: DEO) , BEAM, Inc. (NYS: BEAM) and Brown-Forman Corp. (NYS: 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. Spirits totaled over $21 billion in sales last year, with vodka accounting for almost a third of that total.
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 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 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.
Aristocrat Group Corp.
Robert Federowicz, 850-269-6801
President and CEO
KEYWORDS: United States North America Florida
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