losses widen as it looks for a buyer

Interior of Made showroom showing furniture and branding has reported deepening losses following the decision to put itself up for sale.

The embattled retailer recorded losses before tax of £35.3m in the six months to June 30, compared with losses of £10.1m in the same period last year.

Revenues grew slightly, up 4.2% to £178.2m in the six-month period, which the retailer said was due to deferred revenues normalising.

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