£6m worth of damage as fire breaks out at Asos warehouse

Asos
FashionEcommerce

A fire in an Asos warehouse in near Berlin has destroyed £6 million worth of stock, according to the ecommerce retailer.

The fire reportedly broke out overnight at Asos‘s Eurohub 2 distribution centre. The affected area housed around two million items of stock, worth an estimated £25 million.

Reports state no one was injured in the blaze and the retailer has said only around £6.25 million of the stock present in the affected area was “compromised by fire and water damage.”

READ MORE:  ASOS cuts ties controversial employment agency Transline

“None of the technology, automation or structure of the building has been affected by the fire,” Asos said in a statement.

“The clean-up process is under way and it is anticipated that the other three chambers of the site will be operational again later today. We are fully insured for loss of stock and any subsequent business interruption.”

In 2005 the retailer had to stop trading due to a fire at nearby oil depot broke out damaged its warehouse in Hemel Hempstead. More recently in 2014 the company lost £22 million worth of stock after a fire at its warehouse in Barnsley.

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£6m worth of damage as fire breaks out at Asos warehouse

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A fire in an Asos warehouse in near Berlin has destroyed £6 million worth of stock, according to the ecommerce retailer.

The fire reportedly broke out overnight at Asos‘s Eurohub 2 distribution centre. The affected area housed around two million items of stock, worth an estimated £25 million.

Reports state no one was injured in the blaze and the retailer has said only around £6.25 million of the stock present in the affected area was “compromised by fire and water damage.”

READ MORE:  ASOS cuts ties controversial employment agency Transline

“None of the technology, automation or structure of the building has been affected by the fire,” Asos said in a statement.

“The clean-up process is under way and it is anticipated that the other three chambers of the site will be operational again later today. We are fully insured for loss of stock and any subsequent business interruption.”

In 2005 the retailer had to stop trading due to a fire at nearby oil depot broke out damaged its warehouse in Hemel Hempstead. More recently in 2014 the company lost £22 million worth of stock after a fire at its warehouse in Barnsley.

Click here to sign up to Retail Gazette‘s free daily email newsletter

FashionEcommerce

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