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Next has bought collapsed Made.com out of administration for £3.4million - but some 400 staff still lost their jobs.<br>The high street giant yesterday snapped up the  http://gagequipment.com/__media__/js/netsoltrademark.php?d=https://heylink.me/slot-gacor-mudah-menang/  furniture retailer in a so-called pre-pack administration.<br>The approach by Next was first revealed by the Mail on Saturday.<br>      (image:  )    British brand: Chloe Macintosh (pictured) helped to set up Made.com in 2010.  It will now be run by Next boss Lord Simon Wolfson<br>The deal - a little over a year after Made was valued at £775million when it joined the stock market in London - saves a much-loved British brand set up in 2010 by Ning Li, Brent Hoberman, Chloe Macintosh, and Julien Callede. <br>It will now be run by Next boss Lord Simon Wolfson, one of the UK's most successful retailers.<br>But Next only bought Made's brand, website, intellectual property and customer database. <br>It means just 74 staff will stay on to help administrators wind down the business, including selling off its huge leftover stockpile.<br>AJ Bell's Russ Mould said: ‘Next has the scale, experience and retail savvy...  suggesting it can turn Made.com into a successful and lucrative brand.'<br>  RELATED ARTICLES                Share this article Share      HOW THIS IS MONEY CAN HELP            #fiveDealsWidget .dealItemTitle#mobile display:none #fiveDealsWidget display:block; float:left; clear:both; max-width:636px; margin:0; padding:0; line-height:120%; font-size:12px #fiveDealsWidget div, #fiveDealsWidget a margin:0; padding:0; line-height:120%; text-decoration: none; font-family:Arial, Helvetica ,sans-serif #fiveDealsWidget .widgetTitleBox display:block; float:left; width:100%; background-color:#af1e1e;  #fiveDealsWidget .widgetTitle color:#fff; text-transform: uppercase; font-size:18px; font-weight:bold; margin:6px 10px 4px 10px;  #fiveDealsWidget a.dealItem float:left; display:block; width:124px; margin-right:4px; margin-top:5px; background-color: #e3e3e3; min-height:200px; #fiveDealsWidget a.dealItem#last margin-right:0 #fiveDealsWidget .dealItemTitle display:block;  margin:10px 5px; color:#000; font-weight:bold  #fiveDealsWidget .dealItemImage, #fiveDealsWidget .dealItemImage img float:left; display:block; margin:0; padding:0 #fiveDealsWidget .dealItemImage border:1px solid #ccc #fiveDealsWidget .dealItemImage img width:100%; height:auto #fiveDealsWidget .dealItemdesc float:left; display:block; color:#004db3; font-weight:bold; margin:5px; #fiveDealsWidget .dealItemRate float:left; display:block; color:#000; margin:5px  #fiveDealsWidget .dealFooter display:block; float:left; width:100%; margin-top:5px; background-color:#e3e3e3  #fiveDealsWidget .footerText font-size:10px; margin:10px 10px 10px 10px; @media (max-width: 635px)  #fiveDealsWidget a.dealItem  width:19%; margin-right:1% #fiveDealsWidget a.dealItem#last width:20%  @media (max-width: 560px) #fiveDealsWidget #desktop display:none;  #fiveDealsWidget #mobile display:block!important #fiveDealsWidget a.dealItem background-color: #fff; height:auto; min-height:auto #fiveDealsWidget a.dealItem border-bottom:1px solid #ececec; margin-bottom:5px; padding-bottom:10px #fiveDealsWidget a.dealItem#last border-bottom:0px solid #ececec; margin-bottom:5px; padding-bottom:0px #fiveDealsWidget a.dealItem, #fiveDealsWidget a.dealItem#last  width:100%  #fiveDealsWidget .dealItemContent, #fiveDealsWidget .dealItemImage float:left; display:inline-block #fiveDealsWidget .dealItemImage width:35%; margin-right:1% #fiveDealsWidget .dealItemContent width:63% #fiveDealsWidget .dealItemTitle margin: 0px 5px 5px; font-size:16px #fiveDealsWidget .dealItemContent .dealItemdesc, #fiveDealsWidget .dealItemContent .dealItemRate clear:both    TOP DIY INVESTING PLATFORMS              Affiliate links: If you take out a product This is Money may earn a commission. This does not affect our editorial independence.                adverts.addToArray({"pos":"inread_player"})Advertisement
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