 At the second retrial (also in 2003), Regan was acquitted with the judge noting that he was minded to order the SFO to pay Regan's defence costs.In 2005, the Co-operative Group (successor to the CWS) received what it described as a "substantial payment" as part of an out-of-court settlement with Regan and others in a civil case relating to the accusations.Regan was the original financier behind the online fashion retailer ASOS plc, which is now the UK's largest independent online fashion retailer.