Home Business NewsBusiness Asos loses £20m of stock in warehouse fire – police say fire was deliberate

Asos loses £20m of stock in warehouse fire – police say fire was deliberate

by
23rd Jun 14 9:34 am

Online retailer Asos’ main distribution warehouse has been destroyed by fire, damaging stock worth over £20m.

At 9.50pm on Friday, over 500 workers at Asos’ Barnsley warehouse were evacuated after a fire alarm.

After its initial investigations, South Yorkshire Police launched a criminal investigation and said the fire was deliberately lit.

Asos said that a fifth of its stock was compromised and damage could exceed £30m. It had to shut its website until Monday morning too.

 

The company said in a statement: “None of the technology, automation or structure of the building has been affected by the fire.

“Our initial estimate is that approximately 20% of the total stock at the site has been compromised by fire damage and the sprinkler systems.”

“The clean-up process commenced on Saturday morning and progressed quickly.

“Consequently at 2am this morning we recommenced taking orders. We are fully insured for loss of stock and business interruption.”

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