Wedding gift service fights to fend off administration
Published Date:
25 July 2008
FEARS were mounting today over the future of wedding gift service Wrapit as the firm confirmed it was in talks to avoid administration.
Wrapit said it was in discussions with banks and advisers over a rescue deal after suffering financial difficulties since the end of last year.
Customers of the online wedding present firm, which handles around 2,500 to 3,500 wedding lists a year, have already faced big delays in receiving their gifts as the firm has struggled to re-finance.
Wrapit sought to reassure worried brides and grooms today that it was doing all it could to avoid going bust and expects to give an update later this morning.
The full article contains 120 words and appears in n/a newspaper.
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Last Updated:
25 July 2008 10:10 AM
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Source:
n/a
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Location:
Yorkshire
