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Marani Brands reports over 26% increase in sales for May 2009

Fri. June 26, 2009; Posted: 12:54 AM
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Look up the PowerRating of MRIB and see how it has performed over the past week as well as the current proprietary PowerRating.

Jun 26, 2009 (Datamonitor via COMTEX) -- MRIB | Quote | Chart | News | PowerRating -- Marani Brands, which is engaged in the distribution of wine and spirit products, has announced a more than 26% increase in sales for the month of May 2009, as compared to May 2008 and a more than 67% increase in total case distribution for the first five months of 2009 compared to the same period in 2008.

The company's management has attributed the growth to the successful implementation of its aggressive marketing and events strategy and additional distribution in key markets.

The company said that it has consistently delivered substantial sales increases for nearly every month thus far in 2009, as compared to the previous year.

Ara Zartarian, CEO of Marani, said: "Sponsorships of events in the worlds of art, fashion and entertainment have been a significant contributor to Marani's increasing brand awareness and resulting sales increases and expanded distribution. We are becoming accustomed to seeing growth at this rate, and anticipate sales to accelerate as we continue to implement our aggressive marketing, branding and distribution expansion strategy."

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