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Online furniture firm Made.com stops taking orders as rescue attempts fall flat
company that was worth £775million two years ago is now valued at £2million
The company was founded back in 2010 by entrepreneurs Chloe Macintosh (pictured right), Brent Hoberman (left), Ning Li and Julien Callede. But now bosses at the firm - which has an HQ in London - said they have decided to 'temporarily suspend new customer orders' to preserve value for the company's creditors. 'This decision remains under review and a further announcement will be made as appropriate,' Made said in a statement to shareholders on Wednesday. The firm's website (pictured inset) does not work with wannabe shoppers simply being told: 'Sit tight, we'll be back soon. We're making some important updates to improve your shopping experience.'
https://www.dailymail.co.uk/news/article-11356117/Furniture-firm-com-stops-taking-orders-rescue-bid-fails-store-drops-773m-value.html
The company was founded back in 2010 by entrepreneurs Chloe Macintosh (pictured right), Brent Hoberman (left), Ning Li and Julien Callede. But now bosses at the firm - which has an HQ in London - said they have decided to 'temporarily suspend new customer orders' to preserve value for the company's creditors. 'This decision remains under review and a further announcement will be made as appropriate,' Made said in a statement to shareholders on Wednesday. The firm's website (pictured inset) does not work with wannabe shoppers simply being told: 'Sit tight, we'll be back soon. We're making some important updates to improve your shopping experience.'
https://www.dailymail.co.uk/news/article-11356117/Furniture-firm-com-stops-taking-orders-rescue-bid-fails-store-drops-773m-value.html
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