Retailing, Franchising, and Consumerism Business Intelligence in China

Space NK To Withdraw Chinese Market By End Of May 2020

According to reports in Chinese local media, UK beauty collection store brand Space NK will close its stores in China before May 31, 2020.

A shop assistant from Space NK Hangzhou MIXC store confirmed that the store would be closed before May 31, but the final date had not been decided yet.

Information from Space NK's official WeChat channel shows that the brand currently has ten stores in China, including four in Shanghai, two in Beijing, one in Chongqing, one in Chengdu, one in Hangzhou, and one in Shenzhen.

It is said that Space NK will shut down its online channel as well, which means its Tmall store officially opened on February 2 will be closed. At present, Space NK's Tmall store has 93 items on sale and 103,000 fans.

Public files show that Space NK is a UK beauty collection retail store brand established in 1993. Its products cover various categories such as skincare, makeup, hair products, and beauty tools.

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