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Evening Standard
Evening Standard
Business
Simon Hunt

Made.com to appoint administrators after failing to find rescue buyer

Embattled online retailer Made.com bowed to the inevitable today as the firm said it planned to appoint administrators after failing to find a rescue buyer, putting as many as 700 jobs at risk.

The move is the culmination of a months-long battle for survival for the Shoreditch-based business after a string of profit warnings and jobs cuts left the firm in a desperate search for £70 million in emergency funding to secure its future.

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