Space NK Sales Rise 19 Percent Following Acquisition by Ulta Beauty

British high street beauty chain Space NK recorded a 19 percent rise in comparable turnover, reaching £282.7 million for the nine-month trading period ending January 2026. Filings submitted to Companies House demonstrate that these figures surpassed the retailer's earlier full-year total of £266.1 million recorded for the year ending January 2025, despite covering a shorter 44-week window. The retailer attributes its top-line growth to physical retail expansion—including new store openings and larger retail spaces—alongside ongoing growth in online orders and strategic support following its purchase by US giant Ulta Beauty in July 2025. Ulta Beauty acquired the business from former owner Manzanita Capital in a transaction reported to be worth over £300 million. Despite higher turnover figures, Space NK experienced a sharp decline in profitability over the period. Operating profit fell by 61.3 percent to £7.4 million, while pre-tax profit dropped 67.4 percent to £5.8 million. The brand indicates that this reduction stemmed from one-off exceptional charges of £12.1 million connected directly to the corporate takeover, alongside £84.5 million in distribution expenses and £20.9 million in administrative costs.

Space NK remains widely accessible to UK shoppers via its physical high street stores and UK e-commerce website, with recent investments bringing expanded store formats and new retail locations across the country.