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https://www.farfetch.com/

Farfetch to Close its Beauty Business

Last April, luxury marketplace Farfetch made a splash with its entry into the beauty sector. However, the company has recently been facing difficulties in running its beauty division, and industry insiders are reporting that Farfetch’s beauty division may be shutting down.

Space NK

Ulta Beauty Acquires UK Luxury Beauty Retailer Space NK

On July 10, Ulta Beauty, the largest specialty beauty retailer in the United States, announced its acquisition of Space NK, a UK-based luxury beauty retailer, from investment firm Manzanita Capital.

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