make. fashion, or, form.
vanity. emptiness. Hebrew. tohu (without form), as in Genesis 1:2. See note on Isaiah 24:10.
their. the fashioners'.
delectable things. Put by Figure of speech Metonymy (of Adjunct), for the things they have desired.
they: i.e. the makers and worshippers. See the Structure, above.
ashamed: as the Babylonians were when their city was taken by the Medo-Persians.