June fire ate into company’s quarterly sales
A fire at fashion retailer ASOS’s Barnsley distribution centre in June could cost the company up to £30m.
ASOS chief executive Nick Robertson said in a trading update for the quarter ended 31 August: “As a result of the fire at our Barnsley distribution centre, we lost sales during the quarter of between £25m and £30m.”
He added: “After adjusting for insurance proceeds, we expect profit before tax for the year to be in line with market expectations.”
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