Asos warehouse fire
Print Edition
BRITISH online fashion retailer Asos Plc said a fire at its warehouse outside Berlin destroyed stock worth about 6.25 million pounds (US$8 million). The company’s Eurohub 2 distribution center had about 7 million items in stock when the fire broke out at 3am local time on Tuesday. Two million items were in the chamber that was damaged by the fire.
Asos was fully insured for the loss of stock and any subsequent business interruption, the company said. The online retailer has been hit by fire accidents before as well. Its main distribution center in the UK at Barnsley caught fire in 2014, causing 30 million pounds worth of damage. The Buncefield fuel depot explosion in 2005 had also destroyed one of its warehouses.
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