As an unprecedented rise in demand leads to a historic supply crunch, the Aristocrat Group Corp. (OTCBB: ASCC) announced today that it will develop a new online platform that will allow bourbon collectors and connoisseurs to acquire their favorite aged spirits for less by purchasing bourbon futures from producers.
“The high demand for relatively scarce, handcrafted bourbons has presented an incredible new opportunity in this marketplace,” said ASCC CEO Robert Federowicz. “The success of wine futures has shown us that this is a viable market strategy, and bourbon has now entered the realm of scarcity and popularity necessary to support a robust trade in futures. We want to build the online platform to facilitate those transactions.”
“Wine futures” refer to buying wine after it is made, but before it is bottled. Six months or so after vintage, when the wines are still in tank or barrel, samples are made available and buyers place orders based on their assessment of the wines, then sell their “future” stock on to their customers. With a global bourbon shortage now well underway, ASCC believes that the time is ripe for the creation of a similar futures market for the brown spirit, which is typically barrel-aged far longer than most wines.
“The main appeal of such a market is that consumers can pay less for bourbon futures now than for a finished spirit later,” Federowicz said. “All the bourbon community needs now is a stable, online marketplace.”
Creating and hosting that marketplace is only the latest strategy in ASCC’s mission to carve out a niche in the booming U.S. distilled spirits market. The company is already planning for dramatic growth in 2015 behind the continued success of its RWB Ultra-Premium Handcrafted Vodka, as well as a closely guarded new product that the company expects to debut this spring. ASCC recently announced that it was seeking out expanded warehouse space and additional fleet vehicles to help satisfy growing demand for its spirit brands.
About the Aristocrat Group Corp.
The Aristocrat Group Corp. (ASCC) identifies and promotes unique brands that have mass market appeal across diverse demographics. ASCC’s brand management includes premium luxury goods, including top-shelf distilled spirits like RWB Vodka. The Company targeted the growing market for quality domestic spirits in order to deliver maximum returns to its shareholders. ASCC, which hopes to capitalize on unprecedented new brand-building opportunities, is working to build a portfolio of successful brands to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton (OTCBB: LVMUY), Diageo PLC (NYSE: DEO) and Brown-Forman Corp. (NYSE: BF-B).
For more information about the Aristocrat Group Corp., visit www.aristocratgroupcorp.com/investors.
For more information about RWB Vodka, visit www.rwbvodka.com.
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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.
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Contacts:
Robert Federowicz, 850-269-7208
President
and CEO
info@aristocratgroupcorp.com
