British fashion retailer Next will buy the Made.com brand for 3.4 million GBP ($3.8 million dollars) after the online furniture seller collapsed into administration, resulting in the loss of 400 jobs.
According to Reuters, Made.com had a nearly 18-month run as a public company, selling sleek furniture online, backed by a large advertising budget. It performed strongly during the COVID-19 pandemic as shoppers, stuck at home, spent freely on sofas, coffee tables and lamps.
Domain investor, Jamie Zoch, shared the news with us, saying:
“The domain name Made.com could be worth that much alone!”
Made.com was registered in 1995, at a time when domain registrations were no longer free. It was sold for $130,000 dollars in 2009 via Sedo. Source: NameBio.
Made.com displays a farewell message, currently.
