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Evening Standard
Evening Standard
Business
Mark Banham

Shares in furniture retailer Made fall on 19% sales dip

Made Madecom

Made.com has warned of a worsening of consumer confidence Made.com/PA)

(Picture: Made.com)

Online furniture retailer Made.com has issued a dire warning over trading in the home furnishings market and announced a strategic overhaul of its business including potential lay-offs across the group.

The London-based company set up by Lastminute.com founder Brent Hoberman and entrepreneur Ning Li that has a large following among urban professionals said its sales for the first half of the year 2022 were down 19% compared to last year.

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