Home » News » More than 1,300 hairdressers could close in the Canary Islands in the coming months | Radio Club Tenerife

More than 1,300 hairdressers could close in the Canary Islands in the coming months | Radio Club Tenerife

The Alliance of Hairdressing Entrepreneurs of Spain (AEPA) calculates that the economic impact due to the business stoppage due to Covid19, will result in the closure of some 20,000 hairdressing salons throughout the country, 42.4% of all existing establishments (47,169).

Figures that, in the case of the Canary Islands, will affect 1,329 of the 3,529 hairdressers that exist in the Archipelago. The report published by AEPA shows “fragility and vulnerability” of a sector in which 94% of the companies are micro-companies with between 1 and 5 workers.

However, although “many hairdressing salons are going to die because the debts will be incompatible with their activity” keep in mind that “the demand will be very strong the day the confinement ends”, as pointed out by the technical secretary of the College of Economists of Santa Cruz de Tenerife, Juan José Hernández.

Hernández also points to the “clandestine hairdressers”, an activity that “has always existed” and that with this crisis it will make the underground economy “It increases when the Canary Islands now touch 30%”. The report of the Alliance of Hairdressing Entrepreneurs of Spain highlights that turnover in the sector will lose 1,280 million euros during 2020.


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