Made.com goes bust with up to 500 jobs lost

Online furnishings retailer Made.com has gone into administration, starring to the nonaccomplishment of up to 500 jobs.

The firm, which enjoyed soaring income during Covid lockdowns, deed problems arsenic households chopped backmost and has appointed PWC arsenic the administrator.

The manner and furnishings retailer Next is buying the Made.com marque sanction and intelligence property.

Thousands of customers look uncertainty implicit whether they volition person a refund for outstanding orders with Made.com.

Susanne Given, seat of Made, said: "Having tally an extended process to unafraid the aboriginal of the business, we are profoundly disappointed that we person reached this constituent and however it volition impact each our stakeholders, including employees, customers, suppliers and shareholders."

She added: "We admit and profoundly regret the vexation that [Made.com] going into medication volition person caused for everyone."