Warehouse operational after oil blast
Asos has resumed trading today, after losing more than a month of sales over the vital Christmas and Sale period.

The young fashion web site was hit by the Buncefield oil explosion, which damaged the group's 70,000 sq ft (6,500 sq m) warehouse and forced a suspension of the e-tailer's shares.

Its warehouse is now fully operational again and the retailer has started marketing its return, e-mailing its 750,000 registered users about today's re-launch.

House broker Seymour Pierce said: 'Asos was fully insured to cover both loss of profits, as well as damage to its assets and so results for the year to March 31, 2006 will be in line with market expectations.'

Asos chief executive Nick Robertson said: 'It's been a frustrating five weeks for all of us, especially the 19,000 customers whose orders we had to refund in the run up to Christmas - but we're back now and stronger for the experience. We have a fantastic spring/summer collection and lots of exciting new brands to appeal to our customers. I am looking forward to the year ahead. We have a great team at Asos and I would like to thank them all for their extraordinary efforts over the last five weeks.'

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