Sofas, mirrors, lights… After the bankruptcy of Made.com, thousands of pieces of furniture and objects will soon be on sale. Company administrators have instructed British auction house John Pye Auctions to sell the remaining Made.com shares to pay off creditors, the company reports. BBC. Sales are expected to start at the end of November and new lots will be added weekly.
The British clothing group Next has paid 3.4 million pounds (3.9 million euros) to acquire the Made.com brand, domain names and intellectual property, but has not wanted to take over the shares of the furniture seller. The sale of furniture and objects still stored in warehouses must allow the creditors of the bankrupt company to be paid.
serious financial difficulties
Given its strong financial difficulties, and given the impossibility of finding new sources of financing, Made.com announced at the beginning of November that it was under administration with a view to its liquidation and the suspension of its action on the London Stock Exchange. The bankruptcy of the British company has left thousands of customers with the uncertainty of whether their orders will be delivered or refunded.
Source: BFM TV
