A LONG standing business in Inca, Mallorca, Spain, has closed its doors after 74 years in business.
Asinca is well-known on the island for manufacturing and selling leather goods, however over the years its sales have decreased dramatically. The closure of the store will mean the loss of 6 jobs, with the 3-storey building on Calle Sineu now being put up for sale.
Jepi Corró, the store’s manager, expressed his regret for the closure, stating that “it is a historical firm and we are like a family, but the situation could no longer be supported with a business that had stopped being profitable for many years.”
Corró attributes the lack of sales to the absence of tourist excursions to the area, the rise of digital purchases and changes to consumer habits, where people “do not look at the quality of the item and only at its price.”
Councillor Miguel Ángel Cortés stated that “the closure of the company is sad news, but that it signifies the challenge to adapt to new trends.”
In recent weeks, 3 local shops have closed in the town, highlighting the difficulties that small and medium sized businesses face. Antony’s restaurant in Inca will also close down at the end of the year after 24 years of trading.