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Made.com Group Plc (MADE.L)
LSE - LSE Delayed price. Currency in GBp
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- The Independent
Made.com sales hit by up to £45m after factory closures and shipping delays
Shares in the online furniture retailer slid lower on Thursday after it downgraded its sales and profit forecasts as a result.
- The Guardian
Made.com cuts revenue forecast as furniture is held up by shipping delays
Deepening disruption to supply chain offsetting strong demand for its products, says online retailer
- Reuters
UK's Made.com says supply chain issues pushing more revenue into 2022
Worsening industry-wide supply chain disruptions in recent months were negatively impacting the timing of stock intake and as a result deferring a greater proportion of its revenue to early 2022, the London-based company said, adding that demand still remained strong. Retailers across the globe have been grappling with supply chain disruptions caused by the pandemic, with Britain additionally coping with post-Brexit changes that have exacerbated a shortage of truck drivers.
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