By Jonathan Davies

A fire at an ASOS warehouse in Barnsley in June is estimated to have cost £25-£30m in lost sales, the online retailer has said.

The fire destroyed roughly 20% of the stock held at the warehouse - around 70% of ASOS' entire stock, worth £159m, is usually kept at the warehouse.

The fire came just two weeks after ASOS issued a profit warning as the strength of the pound was hurting international sales.

Despite the sales lost in the fire of up to £30m, ASOS said it was still able to meet its annual profit forecast due to insurance payouts.

Overall sales were up 15% in the three months to the end of August, compared with the same period last year. UK sales saw a 33% increase with international sales up 6%.

ASOS chief executive Nick Robertson said: "In the new financial year, we'll make significant investments in our international pricing and proposition, as well as in our logistical infrastructure and technology platform.

"As a result, we expect profit before tax for the year to 31 August 2015 to be at a similar level to 2013-14."

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