See PAGE 11 onwards for the winners of the More2 Direct Commerce Awards NEXT TAKES MADE BRAND
Next has agreed terms to acquire certain of the assets of made.com which had filed a notice of its intention to appoint administrators on 31st October.
Next Retail Ltd will acquire the brand, domain names, customer database, and IP of the business which had posted gross sales of £434m in 2021. It is understood that Frasers had also been interested in acquiring the assets of MDL. It has been suggested that there is a huge volume of stock to now to be sold off by the administrators and that TK Maxx is in the running to buy it.