Ludor is a festival hat maker.
"If you've run out of room in your Inventory for all of your festival hats, I can help."
- Ludo is a Latin word which means 'to play', 'sport', 'imitate', 'banter', 'delude' and 'deceive'. Since Ludor copies festival hats, "imitator" is likely the intended meaning of his name. See Wikipedia's Ludo disambiguation article for other possible name origins.