ASCC Advances Talks with Leading Distiller to Produce New Vodka
24 January 2013 - 9:00PM
Business Wire
The Aristocrat Group Corp. (OTCBB: ASCC) took a crucial step
toward initiating production of its new vodka when the Company’s
executive leadership met with one of the nation’s top custom
distilleries to discuss a potential deal.
ASCC has already developed a sophisticated marketing plan for
the white liquor, which includes a three-picture product placement
deal with feature film studio Outpost Media, Inc. All that remains
is to begin production.
“With our new vodka set to make its big-screen debut in a matter
of months, we’re moving very quickly to have the product on store
shelves by the time the film is released,” said ASCC CEO Robert
Federowicz, who succeeded outgoing executive Cindy Morrissey at the
beginning of the year. “We’ve been very impressed by this
distiller’s attention to quality and keen understanding of the
domestic spirits market, and we’re hopeful we can have a deal
struck soon.”
Vodka is America’s top-selling liquor, with sales accounting for
nearly a third of the country’s total distilled spirits market.
Demand is so strong, 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.
It isn’t just the top brands making headlines in recent years,
either. A small English distiller that produces only 1,000 bottles
a week took home honors for the world’s best vodka at the 2010 San
Francisco World Spirits Competition in 2010.
“The market for vodka is growing at every level, but
particularly for super-premium vodkas,” Brown said. “With our
business plan, we won’t have to compete with Smirnoff to be
successful.”
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 Jun 2024 to Jul 2024
Aristocrat (PK) (USOTC:ASCC)
Historical Stock Chart
From Jul 2023 to Jul 2024