Stoddard International plc

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Stoddard International plc

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Dates of existence

1871-2006

History

James Templeton and Co. was established in 1843, making Chenille, Axminster, Wilton and Brussels carpets. Technological innovation and design skill brought the company considerable worldwide success throughout the 19th and 20th centuries, with its products in high demand in the domestic and commercial markets. It employed artists of international calibre such as Charles Voysey, Walter Crane and Frank Brangwyn, with their carpets used in Coronations and in liners such as the Titanic.
In their 1950s heyday they were Glasgow's biggest single employers, with 7,000 employees. Glasgow carpets were exported to all four corners of the globe, with major commissions for parliaments, concert halls and cultural institutions, along with domestic interiors. Famous Templeton carpets include the Regatta Restaurant carpets for the 1951 Festival of Britain, and the Twelve Apostles carpet made for the Paris Exhibition of 1867.
In 1983 Templeton's merged with another local carpet manufacturer, A. F. Stoddard of Elderslie, to form Stoddard International. A. F. Stoddard had been founded in 1862 by Arthur Francis Stoddard, an American who refused to live in the United States because of the continued slave trade. He regularly addressed abolition meetings in Glasgow, which had tended to side with the South during the American Civil War because of its strong cotton and tobacco routes. Stoddard's went on to produce carpets for the wedding of Queen Elizabeth II, the Palace of Holyroodhouse, Dickens and Jones, Epsom race-course, and Liberty's.
In 1980, the Guthrie Corporation Ltd of London and parent company of British Carpets Ltd (previously James Templeton & Co Ltd, carpet manufactures, Glasgow) acquired a £1.5m stake in Stoddard Holdings Ltd. In return, Guthrie Corporation Ltd transferred British Carpets Ltd's subsidiary companies, including Templetons Carpets Ltd, S J Stockwell & Co (Carpets) Ltd of Glasgow and Kingsmead Carpets Ltd of London to Stoddard Holdings Ltd. The Templeton factories in Bridgeton, Glasgow, were closed down in that year and production transferred to Stoddard's Elderslie site. In 1984, Stoddard Holdings Ltd became a public limited company as Stoddard Holdings plc. In 1988, following the acquisition of the textile manufacturers, Sekers, the company changed its name to Stoddard Sekers International plc . The 1990s and 2000s saw significant financial pressures for the company as consumer fashions moved away from carpeting in favour of wooden flooring. Stoddard's responded to these pressures by focusing on its core carpet market. In 1998, the Sekers business was sold and the company renamed as Stoddard International plc. In 2002, the company closed two production sites, including its headquarters in Elderlie; consolidating production in Kilmarnock, Scotland. However, the financial pressures on the company continued to grow and it went into receivership in February 2005. With no buyer to take the company on as a going concern, its assets were sold, and the liquidation of Stoddard International plc was finalised in 2009.
For more information, see also: [https://lib.gsa.ac.uk/special-collections/special-collections-stoddard-templeton/.
Please note, GSA Library has digitised volumes from its collections related to Stoddard International plc. These are available to view at this same address.

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C4

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Sources

Glasgow University Archive Services (http://cheshire.cent.gla.ac.uk/ead/search/?operation=full&recid=gb0248stod); Dictionary of Scottish Business Biography 1860-1960,vol 1 (Aberdeen, 1986) and 'Stoddard International plc - Company History,'on Funding Universe, http://www.fundinguniverse.com.

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