All Space NK articles
Space NK is a luxury beauty retailer offering a highly selective range of well-known luxury and niche, innovative brands from all over the world. Founded by Nicky Kinnaird in Covent Garden, London in 1993, Space NK brands itself as an “apothecary”. The retailer targets affluent shoppers and that is reflected in its securing of stores in well-heeled areas. Space NK has over 70 stores across the UK and Ireland, five concessions in Harvey Nichols, and over 30 stores in the US.
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NewsManzanita Capital to put Space NK up for sale
Space NK owner Manzanita Capital is in talks to appoint bankers to oversee a partial or complete sale of the premium high-street beauty retailer, Sky News reported.
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AnalysisHow retailers are creating the best in-store experiences
The purpose of the retail store faced an overhaul as the pandemic caused many shops to shut for months, with customers having no choice but to turn to online shopping.
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InterviewQ&A: Space NK’s Andy Lightfoot on being truly multichannel and fighting competition
Space NK chief executive Andy Lightfoot speaks to Retail Week about the importance of high streets in today’s climate, the true meaning of experiential retail in beauty, Sephora and his journey at the retailer since being promoted four years ago
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NewsExclusive: Space NK to open first Welsh store as it goes on expansion trail
Space NK is set to expand its bricks-and-mortar offering with a debut store in Wales opening at the end of this summer, Retail Week can reveal.
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DataForecast: The trends shaping health and beauty in 2023 and beyond
The Retail Week analyst team predicts the UK health and beauty market will grow at a compound annual growth rate (CAGR) of 3.9% to 2026/27 as retailers fight to gain market share in this lucrative category.
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NewsSpace NK set to make city debut with new store at Liverpool One
Space NK is set to open its first store in Liverpool at Liverpool One shopping centre, joining the extensive range of premium lifestyle brands on Peter’s Lane.
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GalleryStore gallery: Inside Space NK’s largest UK site at Westfield London
Space NK has extended its Westfield London site in White City.
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AnalysisSephora: has it changed enough to make a success of the UK?
Sephora has finally opened the doors of its new London store, the first on British soil since it uncerimoniously wrapped up its UK business in 2005, but what has it got planned to make sure this time it sticks?
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AnalysisAnalysis: Life after Debenhams – how beauty brands defied the department store downturn
Dwindling department store numbers across the UK could have been a death knell to the beauty sector’s fortunes, but new entrants and changing consumer habits have driven the sector’s performance
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NewsWalmart partners with Space NK to launch luxury beauty collection
Walmart has teamed up with British beauty retailer Space NK to launch a luxury beauty collaboration.
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Retail VoiceSecret shopper: How five of the UK’s most innovative loyalty schemes are winning customer spend
What makes a loyalty programme genuinely pioneering and rewarding for customers? Reporter Nick Hughes went undercover for Retail Week to reveal their secrets.
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Retail Navigator Analysis
Space NK (Overview)
Space NK is a premium beauty and wellbeing specialist, offering a range of both well-known luxury and niche innovative brands from all over the world.
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Retail Navigator AnalysisSpace NK (SWOT)
Space NK has created an online sales portal that is an extension of its physical presence rather than a replacement, thereby enabling it to maintain high levels of footfall in-store. This will prove important given that as a brand at the luxury end of the beauty market, Space NK could be vulnerable to consumers cutting back on high-end beauty products in the current economic downturn.
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Retail Navigator AnalysisSpace NK (Strategy)
Space NK has been focused on expanding its reach through upsized and new stores from 2023. Its larger physical presence includes more experiential and service elements to develop its customer proposition.
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Retail Navigator AnalysisSpace NK (Financials)
Space NK once more delivered record sales, rising 23.1% to £146.6m for the 52-week period ending 25 March 2023 (FY2022). The retailer said the growth was a result of strong store like-for-like sales which climbed 28% and its newly opened and upsized stores.
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NewsSpace NK promotes digital director to chief executive
Space NK has promoted its group digital director to chief executive, overseeing the UK and US.
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AnalysisRetail Reimagined: Welcome to the beauty store 2.0
In the latest instalment of our Retail Reimagined series, Grace Bowden explores the beauty store 2.0.
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NewsNicky Kinnaird becomes non-exec director at Debenhams
In a generally quiet week for people moves, Debenhams’ appointment of Space NK founder Nicky Kinnaird as a non-executive director caught my eye.
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NewsSpace NK founder Nicky Kinnaird joins Debenhams board
Space NK founder Nicky Kinnaird has joined the Debenhams board as a non-executive director.
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GalleryStore gallery: Space NK gives its Chelsea shop a high-quality makeover
Cosmetics and beauty retailer Space NK has unveiled a revamp at its store in the Duke of York Square shopping development in Chelsea.
