Space NK has filed its results for the year to March 27 2021 and said turnover fell 11% to £111.8m. This reduction was caused by its retail stores having to close for a large proportion of the year due to the pandemic.
Beauty retailer Space NK has signed a deal with one of the world’s biggest names. It's teaming up with Walmart to bring prestige beauty products to the US firm's webstore next week and to US Walmart stores this summer.
Space NK's reopenings could take some time and key stores in central London are likely to remain shut for the foreseeable future. Instead, reopening high street stores near upmarket residential areas will be the focus.
One of the most interesting and impressive retail developments in the UK in recent years, Battersea Power Station, is edging closer to completion with Hugo Boss, Uniqlo and major beauty names taking space there.