ASCC: Vodka is More Than Recession-Proof
October 18 2012 - 5:00AM
Business Wire
To build its new brand management division, Aristocrat Brands,
the Aristocrat Group Corp. (OTCBB: ASCC) is focusing on a popular
product that’s proven to be more than recession-proof industry.
Vodka is America’s top-selling spirit, accounting for nearly a
third of the liquor market and half of its growth. Even better,
demand for the white spirit has continued to grow despite a
years-long economic downturn in the U.S. Vodka sales here grew by
13.9 million cases between 2004 and 2009 to reach 58.4 million,
according to a report last year by just-drinks and IWSR.
“The U.S. is the primary market for premium vodkas despite the
less-than-ideal economic circumstances,” said ASCC CEO Cindy
Morrissey. “We believe that vodka is an inherently profitable
category for our brand because it’s a product that can be made and
sold quickly, and there are very low barriers to entry in the
industry.
“Even a very small company can grow very large and very rich in
this space with a quality product, which is very good news for our
shareholders,” she said.
Aristocrat Brands’ initial focus will be on premium vodkas, a
large market in the U.S. America accounts for as much as 86 percent
of the global super-premium-and-above vodka market, according to
just-drinks and IWSR. That represents a volume of 15.7 million
cases.
Thanks to such favorable conditions, ASCC views vodka as key to
growing its brand management business in order to compete in a
highly profitable sector alongside Limited Brands, Inc. (LTD),
Proctor & Gamble (PG), New York & Company, Inc. (NWY) and
Chico's FAS, Inc. (CHS).
For more information on this initiative, please
visit www.aristocratgroupcorp.com/investors.html.
Follow ASCC on Twitter
at www.twitter.com/AristocratGroup.
About the Aristocrat Group Corp.
Through its brand management division, Aristocrat Brands, the
Aristocrat Group Corp. (www.aristocratgroupcorp.com) is on the path
to becoming a provider of premiere 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/investors.html.
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.
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