In a strategic move to broaden its international presence and strengthen its luxury beauty offerings, Ulta Beauty has announced the acquisition of Space NK, the esteemed British premium beauty retailer.
The deal sees Ulta taking ownership of Space NK from Manzanita Capital, its long-time private equity owner, marking a significant milestone in Ulta’s global expansion strategy.
Known for its curated selection of high-end skincare, fragrance, and makeup brands, Space NK has built a loyal following across the UK through its sophisticated retail experience and expertly edited product assortment.
By integrating Space NK into its portfolio, Ulta Beauty not only gains access to a well-established luxury retail platform in Europe but also enhances its ability to cater to discerning beauty consumers seeking premium and niche brands.
This acquisition underscores Ulta’s commitment to diversifying its market reach and elevating its position as a leader in both mass and prestige beauty retail.
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