Made.com news and archive

Next to open in-store Made.com concessions

Nearly one year on from its acquisition of Made.com, Next is reportedly preparing to open its first in-store concession for the homeware brand as the retailer plans out its growth. Next’s store in Sheffield Meadowhall shopping centre is believed to be the location for the initial launch, as reported by Retail Week, which noted that the opening...

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Made.com board to liquidate business following Next acquisition

Furniture e-tailer Made.com has announced that its board has proposed a formal winding down of the business through a member’s voluntary liquidation. In a regulatory filing, the company said that the proposal represents the best and “most cost effective” option to protect and realise any shareholder value. As part of the decision, appointed...

Business

Made.com employees take legal action over redundancies

Former Made.com employees are taking the British furniture retailer to court over the way they were made redundant after the company fell into administration at the beginning of the month. About 12 employees have instructed law firm Aticus Law to take legal action against Made.com after they were told over a Zoom call that they would be losing...

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Next buys Made.com after brand collapses into administration

Furniture e-tailer Made.com has sold its brand, website, and intellectual property to Next for an undisclosed amount after entering into administration. In a statement, Made.com said its operating subsidiary MDL have appointed Zelf Hussain, Peter David Dickens and Rachael Maria Wilkinson of PricewaterhouseCoopers LLP as administrators, which...

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Trouva owner Made.com suspends shares as it falls into administration

Made.com, the furniture group which recently acquired fashion retailer Trouva, has announced its intention to appoint administrators after discussions with various parties on a potential takeover missed its deadline. In a regulatory filing to its shareholders, the British company said that its board had made the decision to temporarily suspend...

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Made.com enters into sales discussions, seeks interim financing

Made.com, the owner of fashion marketplace Trouva, has announced that it has “received a number of non-binding indicative proposals”, taking it into the next step of its formal sales process. It launched the process, which is being advised by J.P. Morgan, in late September, months after the furniture e-commerce platform announced its intention...

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Made.com enters next phase of sales process with interested parties

Made.com, the owner of fashion retailer Trouva, has published an update on its ongoing formal sales process, which it initially launched on September 23. The homeware company said in a release that it has now entered into non-disclosure agreements and has begun discussions with “a number of interested parties” regarding its sale. Participating...

Business

Made.com up for sale months after acquiring fashion marketplace Trouva

British homeware retailer Made.com has announced it will be undergoing a formal sale process as its board of directors decided to withdraw its full-year guidance. The news comes just months after the e-commerce platform announced its intention to acquire London-based fashion marketplace Trouva. According to a stock exchange release, a number of...

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Aligning goals with a digital first strategy: how John Lewis and Made.com master omnichannel

Aligning the goals of all teams in an omnichannel organisation is essential for retailers to seamlessly guide consumers along their shopping journeys. That was one of the key takeaways from the ‘Working Cross-Functionally to Create a Cohesive Shopping Experience’ panel talk on Monday, at this year’s Shoptalk Europe retail show in London, as...

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Made.com to buy London-based online marketplace Trouva

British homeware and furniture retailer Made.com Group has announced plans to buy Trouva, a London-based marketplace for independent boutiques. Made said Monday the acquisition accelerates its “strategic priorities” and will allow it to bolster the choice and reach of its offering. It said the deal is expected to accelerate the expansion of...