This week our Irish Whiskey News features articles on Whiskey & Wealth Club generating €10 million in revenue during 2019 and World Whiskey Club launches in Dublin.
So let’s see what’s happening this week in our Irish whiskey news.
Cask investment company Whiskey and Wealth Club experienced its “most successful” year to date after revenue reached €10 million (US$11.1m) in 2019. The company, which has offices in Dublin, Ireland, and Richmond, England, offers investors the chance to purchase casks of new make spirit from distilleries, which are stored in a secure bonded warehouse before being bottled and sold, or matured for a longer period. In 2019, the firm also grew its number of staff from four to 27 members. Originally created to target the Irish whiskey market, Whiskey and Wealth Club expanded into Scotch whisky by partnering with Bladnoch Distillery, and also has plans to enter the US and Japan.
The firm intends to grow revenue by 140% in 2020 to reach €24m (US$26.7m), while also increasing its employee numbers by a further 48%. Jay Bradley, founder at Whiskey and Wealth Club, said: “We’re extremely pleased by our efforts over the past year. All the hard work from the team is very much paying off, with record revenues reported and our team seeing a significant growth in headcount.”
In the airy and beautiful confines of Smock Alley Theatre in Dublin last night, over 200 excited whiskey guests enjoyed the launch of World Whiskey Club. Before the official launch announcements, you had brands pouring like Ferncullen, Lambay Whiskey, Pearse Lyons and a host of others. The launch saw the unveiling of the newest venture in the Irish whiskey world which was set up by 4 whiskey enthusiasts who wanted to bring something new to the whiskey landscape.
World Whiskey Club will be holding regular tastings, distillery visits, special cask offers and you even get your own monthly whiskey hip flask refill service included. See http://worldwhiskeyclub.com/ for more information.
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