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HomeBusinessWalmart and Space NK to team up to launch luxury beauty brands...

Walmart and Space NK to team up to launch luxury beauty brands in U.S.

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Prestige beauty shoppers will be delighted to know that the nation’s largest retailer and a British beauty brand will launch luxury beauty brands in select Walmart stores in March. This partnership will flourish in 250 stores and will also have brands available for online shopping called BeautySpaceNK. A press release on Monday, by the company confirmed the news.

This collaboration will take the iconic British personal care company, Space NK’s wide range of high-quality beauty products and brands to the largest retailer in the nation, leading to great exposure and sales to the high end shopper for both the companies. As shoppers comes to a Walmart store, weekly or otherwise or shops online, they can also pick luxury beauty products or click to buy them.

The new hub will be launched on March 15. It will feature both affordable as well as luxury brands for
skin care
hair care
makeup
bath and body.

Laurie Tessler, Walmart’s merchandising director of prestige products said in a press release that the company was “thrilled” to welcome Space NK to Walmart and that the joint operations would give their customers exciting new additions in the beauty aisles in-store as well as online.



Space NK chief executive Andy Lightfoot said that the company was delighted “to partner with Walmart” and that they would bring prestige beauty products to customers who were across the nation through a “unique model” that would simplify the connection between brands and shoppers.

Space NK is expected to bring more than 600 products from 15 different brands. Some of the brands in the initial rollout are from
Slip’s
By Terry
Foreo
Mario Badescu
Patchology and more.

The partnership will also debut new products such as Summer Camp which is a mineral based SPF range beauty product that has been developed by Soleil Toujours a luxury brand that makes sun protection products; for the new partnership.


About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, approximately 230 million customers and members visit approximately 10,500 stores and clubs under 46 banners in 24 countries and eCommerce websites. With fiscal year 2022 revenue of $573 billion, Walmart employs 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting  https://corporate.walmart.com, on Facebook at  https://facebook.com/walmart  and on Twitter at  https://twitter.com/walmart.

About Space NK

Space NK opened the doors to its first store in Covent Garden, London in 1993 and has since garnered a reputation for being the go-to destination for worldwide beauty discovery – introducing the UK consumer to iconic brands including Diptyque, NARS and By Terry. Space NK’s presence in the North America spans 15 years. The highly successful wholesale model was developed in 2008 and continues to evolve to meet the ever-changing landscape and customer needs. Today, globally, Space NK retails directly around the world from spacenk.com, has a portfolio of 74 locations across the UK and Ireland, and more than 175 existing points of distribution throughout the US and Canada. In our stores and on our website, we offer a broad yet considered edit of the most in-demand beauty brands, including the legendary icons and the next-generation innovators. Assorted across multiple price points, all the brands we partner with have one defining and over-riding objective; they work. For more information on Space NK, visit  www.spacenk.com; @spacenk on Instagram, Twitter, Facebook and TikTok.

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