A customer browses in a Made.com showroom in London, Britain, June 16, 2021. REUTERS/Toby Melville
Sept 14 (Reuters) – British online homeware retailer Made.com (MADE.L) on Tuesday flagged a hit to its first-half gross margin from higher shipping costs and warned of a delay in deliveries.
The company, reporting for the first time since its London debut in June, said its reported pretax loss narrowed to 10.1 million pounds ($13.97 million) in the six months ended June 30 from a loss of 15.2 million pounds a year earlier.
($1 = 0.7228 pounds)
Reporting by Aditi Sebastian in Bengaluru; Editing by Devika Syamnath
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source: reuters.com