Year-on-year revenue growth of over 300% for Scottish craft gin brand McQueen Gin

February 13th, 2019 | Posted in: News,Spirits

YStirlingshire-based true craft spirit brand McQueen Gin has announced year-on-year revenue growth figures of over 300%.

In the businesses latest financial reports, revenue growth from first half FY18 to first half FY19 was 342% with sales totaling £970,000.00, whilst revenue growth over the same period FY17 to FY18 was 282%, with sales totaling £283,500.00.

In recent months, the family-run brand, established by Dale and Vicky McQueen (pictured) in July 2015, announced the opening of a brand-new, state of the art 6,200²ft distillery facility on its premises this April 2019. McQueen Gin has invested in the region of £750,000 in this development which will see its overall manufacture, bottling, pack, and ship capacity increase by greater than 1,000%, as the brand looks to build on recent successes and further expand its operation.

Co-founder and Managing Director, Dale McQueen, said,‘’Our growth has been unprecedented in the last few years and we want to take advantage of that by not taking our foot off the gas. We are investing in the build of the infrastructure required to equip us to keep innovating, growing and developing exciting and desirable products for the fast-evolving and demanding gin market.

’With increased demand and capacity comes increased opportunity. When open and in full operation, we expect the new distillery to create as many as 12 new jobs in our local area, if not more. We have already filled three new positions since the build began and we will be looking to bring in more staff imminently as we make the official move to the new facility and our demand continues to increase. Our location is an area which we hold dear to us and which has played a central part in the building of our brand, so it’s great to be able to give something back as we expand our business.’’

The new facility, built alongside the current distillery, is planned to be opened in April by Scottish First Minister Nicola Sturgeon.


Dundee’s V&A helps boost visitor numbers to other attractions

Fri 22nd March 2019

Dundee’s V&A has helped boost visitor numbers at nearby attractions by up to 40%, says new research. In its first three months 341,265... Read more.

Scottish economic growth to remain ahead of the UK average in 2019

Fri 22nd March 2019

Scotland’s economic growth will slow this year but remain ahead of the UK average according to UK Economic Outlook report by Pricewate... Read more.

YO! Sushi to consolidate restaurant estate

Thu 21st March 2019

YO! Sushi has placed six UK sites on the market, including two in Scotland, as it looks to consolidate its restaurant estate.  The group ... Read more.

Greene King celebrates Flanders Fields fundraiser

Thu 21st March 2019

 Greene King has launched a special edition beer, Flanders Fields, brewed to mark the centennial anniversary of the end of the First World ... Read more.

The Highland Whisky Festival 2019

Thu 21st March 2019

Eight Highland Distilleries are introducing a brand-new Whisky Festival to celebrate the established Highland Whisky Trail. The Highlan... Read more.

PPL’s new SFE tariff to ‘cost sector £49m’

Wed 20th March 2019

Trade bodies have warned that music licensing company PPL’s new specially featured entertainment (SFE) tariff, which comes into effect on ... Read more.

Ivy Collection appoints new CFO

Wed 20th March 2019

The Ivy Collection, which will open its second Scottish restaurant in Glasgow on Buchanan Street in June after opening The Ivy on the Squa... Read more.

Bruce Taverns plan expansion and launch £20 million fundraiser

Wed 20th March 2019

Bruce Taverns is to raise £20 million to fund a growth programme through acquisitions. The Edinburgh-based pub company, ... Read more.

NEW DIRECTOR OF STRATEGY AND COMMUNICATIONS FOR SWA

Tue 19th March 2019

The Scotch Whisky Association (SWA) has confirmed the internal promotion of Graeme Littlejohn to the position of Director of Strategy and Co... Read more.

Johnnie Walker to build ‘best bar in the world’ in Edinburgh

Tue 19th March 2019

 Johnnie Walker has promised to create the “best bar in the world” in the “best brand attraction in the world” overlookin... Read more.

Borthwick Castle’s Kieran Rose is Scotland’s Tourism and Hospitality Hero

Tue 19th March 2019

Kieran Rose, Front of House Manager at Borthwick Castle, in Midlothian, has been namedScotland’s Tourism and Hospitality Hero at the 2018/... Read more.

Orry Shand named Chef of the Year at ScotHot

Mon 18th March 2019

Orry Shand, of Entier, won Scottish Chef of the Year at this year’s ScotHot at Glasgow’s SECC, sponsored by Brakes Sco... Read more.

Average spend on late-night out increases 15.5% to almost £70

Mon 18th March 2019

The average spend on a late-night out has increased 15.5% to £68.68, according to the latest Deltic Night Index, compared with £59.49 for ... Read more.

Scottish chefs set out vision to reform hospitality industry 

Thu 14th March 2019

More than 60 chefs and cooks from across Scotland have pledged their support to a new culinary manifesto, which aims to reform Scotland’s ... Read more.

SCALA boss welcomes Brexit delay

Thu 14th March 2019

Theresa May will make a third attempt to get her EU withdrawal deal through Parliament in the next week after MPS voted to reject a no-deal ... Read more.

Historic Auchtermuchty pub on the market

Wed 13th March 2019

The Forest Inn in Auchtermuchty is now on the market with offers invited for the three-storey property. Christie’s and Co in Edinburgh is ... Read more.

Hotfoot it to ScotHot

Wed 13th March 2019

Which licensee worth his or her salt isn’t looking for an opportunity to meet with suppliers, network with others to share ideas and i... Read more.

BUZZWORKS RETAINS ITS PLACE ALONGSIDE THE BEST IN UK 

Tue 12th March 2019

Buzzworks Holdings has been named in The Sunday Times 100 Best Companies to Work for in the UK for the fourth consecutive year. It recognise... Read more.

Edinburgh Craft Beer Festival returns for 2019 with foodie focus

Tue 12th March 2019

Edinburgh Craft Beer Festival returns to the city this May, from Friday 24 – Saturday 25 May, with a special foodie focus. It’s... Read more.

SCOTTISH LICENSEES RECOGNISED AT STAR AWARDS

Mon 11th March 2019

The achievements of top Scottish licensees were celebrated at Star Pubs & Bars’ annual Star Awards. The awards were the biggest ever h... Read more.