MADE.COM
MADE.COM is a company.
Financial History
Leadership Team
Key people at MADE.COM.
Frequently Asked Questions
Who founded MADE.COM?
MADE.COM was founded by Brent Hoberman (Co-Founder and Non Executive Director).
MADE.COM is a company.
Key people at MADE.COM.
MADE.COM was founded by Brent Hoberman (Co-Founder and Non Executive Director).
MADE.COM was founded by Brent Hoberman (Co-Founder and Non Executive Director).
Key people at MADE.COM.
Made.com was a UK-based e-commerce company that designed and sold furniture and home accessories online, partnering with independent designers and manufacturers for direct-to-consumer sales on a just-in-time basis[1][2][3]. It targeted young professionals seeking affordable, original designs for living rooms, bedrooms, dining areas, and outdoor spaces, solving the problem of high markups in traditional retail by cutting intermediaries and minimizing inventory waste[1][2][4]. The company achieved strong early growth, reaching £100m in sales by 2017 and £372m in revenue by 2021 amid pandemic demand, but collapsed into administration in November 2022, with assets acquired by Next plc[2][4][5].
Founded in March 2010 in London's Notting Hill by serial entrepreneurs Ning Li, Brent Hoberman (co-founder of Lastminute.com), Julien Callède, and Chloe Macintosh, Made.com emerged from the founders' experience in fast-growth startups like Lastminute.com and MyFab[1][2][3]. The idea stemmed from an ethos of democratizing high-quality, original design at accessible prices by connecting consumers directly with producers, using a lean 'just-in-time' model where designs were showcased online first, stock ordered only after hitting minimum quantities, and manufacturing outsourced globally[1][3]. Early traction came quickly with £2.5m initial funding from investors including Hoberman and Michael Birch (Bebo co-founder), followed by £6m Series B in 2012 for UK expansion, Tech Nation selection in 2013 alongside brands like Skyscanner, and £38m ($60m) in 2015 for Europe[1][2][3].
Made.com rode the e-commerce disruption in furniture retail, capitalizing on millennials' shift to online big-ticket purchases and demand for sustainable, personalized homeware amid urbanization and remote work trends[1][5][6]. Its timing aligned with post-2010 digital adoption and pre-pandemic growth in direct-to-consumer models, influencing the ecosystem by proving lean inventory could scale globally while inspiring copycats in design-led e-tail[1][3]. Market forces like low-interest funding enabled £137m+ raised, but supply chain vulnerabilities exposed during COVID—supplier delays and quality issues—highlighted risks in fragmented manufacturing, contributing to its 2022 fall and underscoring consolidation needs in fragmented retail tech[2][4][5].
Post-administration, Made.com's assets live on under Next plc, potentially integrating its designer network and tech into a hybrid retail model amid ongoing e-commerce maturation[2][4]. Rising trends like AI-driven personalization, sustainable supply chains, and omnichannel (as Made pioneered with showrooms) will shape any revival, but persistent inflation and logistics costs demand robust supplier prioritization[5][6]. Its legacy endures as a cautionary tale of scaling DTC too fast, yet a blueprint for accessible design—watch for Next leveraging it to challenge Wayfair in Europe, evolving influence from disruptor to embedded player in consolidated home retail.