DAVID Stevenson revels in his company slogan which says that ''All our
jumpers are natural winners.'' It is a neat combination of interests,
since his Edinburgh Woollen Mill produces jumpers of the wearing variety
while his racehorses clear the fences in a hot pursuit of the winning
post.
Mind you, the chance of ultimate glory for one of his four-footed
friends came a little unstuck at Aintree the other week when the heavy
conditions meant the withdrawal of Langholm Dyer, which was strongly
tipped as a Grand National winner.
David's 83-year-old father, Andrew Stevenson, the original Langholm
Dyer (having formed the family dyeing company), was poised for a
Liverpool visit on the big day but the best-laid schemes of mill-owners
and publicists do gang agley, not aft but sometimes.
''There's always next year,'' says a philosophical David Stevenson,
who would have welcomed that piece of publicity much more than his other
foray into the public eye last year, when he was listed among the elite
of Scotland's businessmen who pay themselves many thousands per week.
It was all to do with pension contributions, he assures me, and the
salary which he actually pays himself is much, much less; a bit over
#100,000 per annum.
Whatever the sum, Stevenson earns his corn from the effort of
masterminding the woollen company which he and the family run from their
native Langholm, in the Scottish Borders -- a private concern with a
turnover of #45m and owned by the Stevensons to the extent of 95%.
It all began with Andrew Stevenson, who moved in the 1930s from the
employment of Turnbull of Hawick to Arthur Bell, tweed manufacturer of
Langholm. In 1946, he put forward an idea to the three local mill-owners
that, with their financial assistance, he could start a dyeing and
finishing company to serve all three.
Andrew took about 10% of the company and launched himself in business.
Elder son David went from the local school to Dumfries Academy and on to
Edinburgh University, where he graduated as a Bachelor of Commerce
before studying chartered accountancy.
''My father encouraged me to go elsewhere,'' he remembers,
''emphasising that, with a C.A. qualification, the world is your oyster.
Well, I had a brief altercation with the steel industry before deciding
that I was more suited for being my own boss!
''So I joined the family business in 1967. Meanwhile, my brother Neil
had taken a degree in dyeing at Bradford University and came back to
look after the technical side.''
By 1966, Andrew Stevenson's enterprise had 25 employees and an
turnover around #80,000 to #90,000.
But another excitement had stirred in the family. Son David had
developed as Scotland's champion pole-vaulter, jumping for Scotland in
the Commonwealth Games in Australia in 1962 and Jamaica in 1966 and for
Britain in the Tokyo Olympics of 1964.
When due to compete again in the Commonwealth Games of 1970, in
Edinburgh, he and his family produced a special tartan which they gifted
to the Scottish team.
As a means of promoting the Games tartan, they opened a shop in
Randolph Place, Edinburgh, gained a taste for the retail business and
decided to form a company.
''We thought that Langholm Woollen Mill lacked a certain cachet so we
called it the Edinburgh Woollen Mill,'' David Stevenson recalls.
The company had also hit an unexpected snag, facing a claim from a
Yorkshire firm for whom they had dyed some cloth in the wrong shade.
They compromised through buying the cloth in question before cutting it
up and offering it to the public at a factory sale.
The retail bug had truly bitten. From that one shop in Edinburgh (they
now have a racehorse called Randolph Place), the Stevensons began to
expand to Carlisle, Dumfries and Hawick.
There was no strategic plan. The business just evolved until, today,
there are no fewer than 125 retail outlets, stretching from Ullapool and
Inverness to Canterbury and St Ives in Cornwall.
Meanwhile, they bought the Heather Mills in Selkirk for the spinning
of yarn and weaving of cloth and developed their own manufacture both
there and at East Kilbride.
To that they added Coatbridge, when Dawson International closed their
factory there. The Stevensons took on 160 of the employees to produce
knitwear.
''In 1980 we also bought Romanes and Paterson of Princes Street,
Edinburgh, a business which included a mail-order service,'' says David
Stevenson. ''It was making a loss when we bought it but it is now
profitable.''
They create their own designs and sub-contract much of the tailoring
to small companies in the Glasgow area.
The company had also bought Antartex of Alexandria, the sheepskin and
leather people, though the once-popular sheepskin coat has now gone out
of fashion.
The exciting development of the moment is to establish a craft village
at the Antartex site, renting out space to others who can manufacture on
the spot and benefit from the visitor aspect. The Princess Royal is due
there in July.
So the Stevensons create their own styles and sell them, all the time
retaining their spiritual base in the Muckle Toun of Langholm, which is
the headquarters for storage and distibution as well as administration.
They sponsor Ian Stark of Selkirk, the horseman who collected silver
at the last Olympics, and keep their eight racehorses in training with
Gordon Richards at Penrith.
Most of them have names beginning with Tartan. But put a note in your
diary for next year's Grand National. With firmer conditions, Langholm
Dyer will be out to prove that, like his employer's woolly jumpers, he
really is a natural winner.
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