All the updated news related to made.com

All the news related to made.com updated in real time

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City

Made.com reveals talks with possible buyers as up to £70m needed in funding

Beleaguered online furniture firm Made.com has said it is in talks with a number of possible buyers as it revealed up to £70 million in funding was needed over the next 18 months. Battered shares in the group rebounded nearly a fifth higher in early ...

04 Oct 2022 at 10:03

City

Made.com considers job cuts and company sale after trading woes

Online furniture firm Made.com is reviewing potential job cuts and a possible sale after the business was hammered by a slump in consumer spending as well as supply chain disruption. The company told shareholders on Friday it is conducting a ...

23 Sept 2022 at 08:59

City

Customers ‘hold back’ spending amid inflation woes, says Made.com chair

The chair of Made.com has said the online furniture retailer has already witnessed customers changing their buying habits as the cost-of-living crisis starts to bite. Industry veteran Susanne Given told the PA news agency that shoppers have ...

19 Apr 2022 at 01:25

City

Cost-of-living crisis to push more retailers to brink in 2023, warn experts

The cost-of-living crisis is set to result in further retail failures over the next year with larger firms positioned to snap up stricken competitors, according to retail experts. It comes after an increase in retail collapses towards the ...

27 Dec 2022 at 09:00

City

Made.com proposes vote on liquidation to wind up firm

The board of Made.com has proposed formally winding up the company through a voluntary liquidation process. It comes after the online furniture retailer collapsed into administration last month after it was hammered by rising costs and ...

22 Dec 2022 at 09:09

City

Made.com shares slump on warning over losses and sliding sales

Online furniture retailer Made.com has seen shares plunge after warning it is set to slump to a full-year underlying loss due to tumbling sales and supply chain woes. The group’s shares slumped by more than a fifth at one stage as it ...

16 May 2022 at 10:25

City

UK firms issue more profit warnings amid ‘recession-like’ climate

The number of profit warnings issued by UK-listed companies has grown this year as businesses battle against “recession-like” conditions, new figures show. Firms listed on UK stock markets issued 75 alerts over profits between ...

24 Apr 2023 at 11:55

City

EY probed by watchdog over audit of collapsed Made.com

EY is under investigation by the UK accounting watchdog over how it evaluated the finances of collapsed furniture retailer Made.com. The Financial Reporting Council (FRC) said it has launched a probe into the “big four” ...

20 Apr 2023 at 11:39

Made.com ends sale process after search for rescue bid fails

City

Made.com ends sales process after search for rescue bid fails

Teetering furniture seller Made.com has abandoned hopes of finding a buyer to save it from the cliff edge a day after suspending sales to new customers. Bosses said they have realised there is “no reasonable prospect” ...

27 Oct 2022 at 10:56

City

Potential suitors woo Made.com as troubled retailer seeks rescue sale

Troubled online retailer Made.com said it has received a raft of takeover proposals as it seeks a rescue sale. Shares in the furniture company jumped on Monday morning after it told investors it has received “a ...

17 Oct 2022 at 10:25

City

Made.com reviews workforce to slash costs in face of consumer spending slump

Online furniture retailer Made.com has warned it is reviewing its workforce amid efforts to slash costs as a slump in consumer spending is set to send it tumbling to steep losses. The group said it is looking ...

19 Jul 2022 at 11:35

Made.com staff taking legal action over ‘appalling’ Zoom redundancies

Staff at Made.com are taking legal action against the collapsed retailer after being told they were losing their jobs with immediate effect over Zoom. About a dozen employees have instructed law firm Aticus ...

10 Nov 2022 at 17:22

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