UK's ASOS reassures investors after warehouse fire

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By Alex Lennane

23/06/2014

Supply chain risk has never been clearer following a fire at ASOS’s global distribution hub in Barnsley. The online retailer, which is thought to have lost about 20% of its stock, worth about £22.2m, was forced to suspend trading over the weekend, although it says it is now up and running again. ASOS has been working to open new distribution hubs elsewhere in Europe, while also implementing automation at its main Barnsley plant. The company said none of its technology was damaged and that it was fully insured. The fire is believed to have been started deliberately.

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