16 months after its IPO, UK online retailer Made.com prepares for administration

Made.com, a U.K.-based ecommerce company that sells furniture and related home accessories across seven European markets, is bracing for insolvency as it confirmed plans to appoint administrators after failing to find a buyer.
Founded in 2010, Made.com emerged as something of a darling in the U.K. startup sphere for the way it worked with select partners to optimize the entire furniture design and manufacturing process, while keeping its overheads down through a mostly online platform (though it has dabbled with physical outlets through the years). The company went on to raise around $137 mill

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