Made.com slashes revenue forecast amid supply chain crisis
Online furnishings seller Made.com has slashed its revenue guidance, as it warned that supply chain disruptions and shipping delays would defer up to £45m of its revenue into the new year.
The retailer said ongoing industry-wide disruptions were offsetting the impact of strong demand for its products, with extended factory closures in Vietnam, congestion in global ports and extended shipping times having already delayed deliveries to customers.
Made.com said those disruptions had “worsened in recent months, negatively impacting the timing of stock intake”.
The pandemic has fuelled shipping and manufacturing delays worldwide. Ships have failed to dock at ports where there have been lockdowns or staff shortages, creating a ripple effect that has
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