Aristocrat Group Corp. (ASCC) Benefits from Booming Consumer Demand for Premium Spirits
Just recently, the Aristocrat Group reported that it had landed a major Texas-based alcoholic beverage retailer, Goody Goody, for expanded market availability to restaurants, bars, and nightclubs throughout Texas, including in major domestic markets. Along with its recent success in attainment of company milestones, the Aristocrat Group is benefiting from a booming consumer demand for premium spirits, as a recent study by International Wine & Spirit Research indicated. Data collected by the global research firm indicates increasing consumer demand for premium spirits on account of their taste quality and association with a notion of elitism. The firm defines a premium…