News roundup–WrapIt directors banned from acting as company directors, more


Two directors of Wrapit, the wedding gift
company that went bust two years ago with more than 72,000
undelivered wedding presents, have been banned from acting as
company directors, the Telegraph reported this weekend. Peter
Gelardi, managing director, and Pepita Diamand, retail director,
were disqualified for eight years and seven years respectively
following an investigation.

Retailers are stocking cautiously for Christmas 2010, reports the
Telegraph.

City AM gets fitted for a shirt at
Ede & Ravenscroft. Also mentioned in the article
are Hackett, Charles Tyrwhitt
and Austin Reed.

Seed and plant cataloguer Thompson & Morgan
receives a visit from the Financial Times.

An Observer investigation has found that workers
at the Indian factories of top-name retailers are paid as little
as 25p an hour for 16-hour days.

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