SpaceNK Risk Report

🛡️ Financial & Liquidity

Space NK, a UK beauty retailer, has experienced significant changes in its financial landscape due to an acquisition. This move is likely to impact the company's market positioning and financial operations, especially in terms of international growth and liquidity management. Ult⟨a Beauty acquired Space NK**, marking its entry into the UK market, positioning both companies for potentially enhanced market valuation and stability.

• Ult⟨a Beauty acquired Space NK 🗓 July 10, 2025, marking a major strategic move into the UK market.
• Manzanita Capital sold Space NK to Ult⟨a Beauty as part of a deal worth over £300 million 🗓 July 10, 2025.

🏗️ Operational & Business Continuity

Space NK continues to focus on expanding its operational capacity. This is evidenced by its recent strategic moves aimed at enhancing business continuity and expanding its market footprint, particularly in the face of competitive pressures.

• Space NK opened a new megastore in London targeting young shoppers 🗓 July 8, 2025.
• Space NK temporarily suspended US orders 🗓 May 1, 2025, due to challenges surrounding international trade tariffs.

📜 Innovation & R&D

The company remains committed to enhancing its product offerings and has engaged in initiatives aimed at appealing to a broader market segment, underlining its emphasis on innovation and development in the cosmetics sector.

• Space NK planned to launch Kay Beauty by Katrina Kaif within its UK stores 🗓 June 10, 2025.
• The Inkey List was introduced into Space NK stores as part of a strategy to engage more beauty enthusiasts 🗓 April 2, 2025.