Made

2022 - 10 - 26

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Image courtesy of "Ideal Home"

Made.com stops taking orders as the online furniture store faces ... (Ideal Home)

The future of one of our favourite online furniture retailers looks uncertain as Made.com stops taking orders.

In a statement in September, the brand blamed the decline on the cost of living crisis. However, in just 18 months shares in Made.com have dropped from a listing price of 200p to below 1p. Citing that the decline in customers' spending on the site was linked to soaring inflation and weaker consumer confidence. However, after talks with a potential buyer failed this week, the brand decided to suspend orders and looks to be on course for collapse without further intervention. While you can access the product pages, every item is listed as being out of stock. The decision comes amid administration concerns for the brand.

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