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Asos back online after fire closes site for two days

POPULAR ONLINE fashion site Asos has resumed trading after a fire at its main warehouse in Barnsley forced the firm to take the site offline for two days.

In a statement, Asos said the fire, which is being treated as arson by police, had affected about 20 per cent of stock held at the site.

About 70 per cent of its total stock of £159m was held at the site – the firm’s major global distribution centre, the company said.

The website was temporarily shut down on Friday (June 21) after the fire at 10pm and was reopened at 2am this morning (June 23).

Asos said none of the technology, automation or structure of the building had been affected by the fire.
In a statement they said: "We are fully insured for loss of stock and business interruption.”

It is believed Asos' shares fell almost 1 per cent in early trading.

The fire came just two weeks after Asos warned in early June that its full year profits would miss forecasts.
At the time, Asos blamed the strength of the pound, which hurt overseas sales and forced it to launch a series of promotions.

South Yorkshire Police said the incident was being treated as deliberate following initial investigations with the fire service.

It’s not the first time Asos has been hit by crisis. In 2005, its Hemel Hempstead warehouse was damaged by explosions at the Buncefield fuel depot.

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