
Eroki has been the majority shareholder in IF since 2001, and in 2006 it acquired a 40% stake in its parent company, Daparger. At the end of the 2012 financial year, Darparfel had debts totaling €43 million, and it's turnover had dropped by 11%.
A spokesperson for the retailer said that the closures "are just part of the reorganisation of the networks in this sector. Perfume and cosmetics are in general suffering a decline in sales due to a marked fall in consumption".