ASCC Engages Top Liquor Distributors for Premium Vodka Launch
October 23 2012 - 5:00AM
Business Wire
Aristocrat Group Corp. (OTCBB: ASCC) opened talks this week to
get its debut product offering on store shelves nationwide. After
all, the best vodka in the world won’t sell a drop if it can’t be
found at your favorite liquor store.
The company has been in contact with the top liquor distributors
in the U.S. this week to move forward with plans to license and
distribute its new premium vodka across the country.
“Our first hurdle will be identifying and fulfilling the
licensing requirements for nationwide distribution,” said ASCC CEO
Cindy Morrissey. “Different distribution models have different
requirements, so we expect the licensing process will guide our
plans to launch our first product to a large extent.”
Nationwide distribution is an integral part of ASCC’s roadmap
for success in the liquor industry. Vodka is America’s top-selling
spirit, with sales accounting for nearly a third of the country’s
total liquor market. Demand is so strong for the spirit, in fact,
that despite the recession, sales actually 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.
Earlier this month, ASCC announced the formation of new
division, Aristocrat Brands, LLC, to identify and promote unique
brands that have a mass market appeal across a diverse demographic.
Premium vodka fits that description perfectly, and the company
expects its forthcoming spirit to be greeted in the marketplace by
booming sales.
With these favorable conditions in mind, ASCC sees vodka as the
key element to growing its brand management business. The success
of the endeavor will allow the company 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.
Aristocrat (PK) (USOTC:ASCC)
Historical Stock Chart
From Oct 2024 to Nov 2024
Aristocrat (PK) (USOTC:ASCC)
Historical Stock Chart
From Nov 2023 to Nov 2024