WrapIt MD resurfaces with new online shopping venture

by Sarah Crawley-Boevey, Brand Republic 23-Mar-09, 09:10

LONDON - The man behind collapsed wedding present website WrapIt has set up a new online shopping venture called Please&Thankyou, which offers an almost identical surface.

Peter Gelardi, former managing director of the gift site which collapsed last August owing £7m, is behind Please&Thankyou, a website which will sell discounted designer goods for home and garden.

It also promises to keep cool people in the loop by publishing a twice-monthly magazine to help users know what they should be buying to stay on trend.

WrapIt went bust last summer owing millions to newly-weds whose guests had bought gifts from the site that were never delivered.

Soon after WrapIt went into administration angry couples held a protest outside HSBC's offices in Canary Wharf demanding the bank sent through undelivered gifts rather than include them in the liquidation process.

The successor to Wrapit launches on April's Fools day, but is no joke.

Gelardi told one national newspaper that he has no formal position in the new venture but is simply helping is son, Nicholas, get it off the ground.

However, besides Gelardi Jnr Please&Thankyou is being run by three other former WrapIt employees and it was formed under the directorship of Amroth Ltd, a company of which Peter Gelardi is a director.

Comments

Melissa Birkett - 23/03/2009

Does Peter have any intention of paying back the suppliers for Wrapit as well as all the couples who were left without any wedding gifts?

amanda searle - 23/03/2009

Will they be able to find suppliers or customers?

Omar Terywall - 23/03/2009

Thieves in suits.... I hope this story becomes public knowledge as I sympathise with all those customers left heartbroken at the collapse of Wrapit 'Helping his son, Nicholas, get it off the ground'.... I'm sure this little apple won't fall far from the tree... The evil b*****ds