Asos Warns Fire At German Warehouse Could Cost £6.3 Million In Lost Stock

by MR Magazine Staff

The fashion retailer said a full evacuation was triggered after the fire broke out in part of its Eurohub 2 centre, located outside Berlin, at around 3am on Tuesday. No injuries were sustained, but around 2 million items were housed in the affected area, and Asos estimated that around 25% of them, worth around £6.25 million, “could be compromised by fire and water damage”. The building’s technology, automation and structure remain intact and contingency plans have been activated, meaning customer orders have been diverted to its Barnsley warehouse. The rest of the depot is expected to be up and running again today and Asos said it was fully insured for loss of stock and any interruption to business. The incident will bring back bad memories for the London company. In 2014, a blaze tore through its Barnsley facility, costing it up to £30 million in lost sales. Read more at Evening Standard.