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Evening Standard
Evening Standard
Business
Mark Banham

Made confirms capital injection search to shore up business

Made has been through a difficult few months as consumer confidence dips

(Picture: made.com)

Troubled furniture retailer Made.com the company founded by Lastminute.com guru Brent Hoberman and investor Ning Li has confirmed that its likely to need a cash injection to shore up its balance sheet.

It has dropped nearly 95% in value over the past year and is now understood to have instructed  consultants at PwC to explore a restructuring of the group and implement potential cost-cutting. 

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