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.”