Ulta Beauty has announced its expansion into the UK market through the acquisition of the retailer Space NK from Manzanita Capital. This move marks Ulta's first foray outside of the United States, aiming to strengthen its global presence. The acquisition is part of Ulta's strategy to diversify its offerings and grow its international footprint. The 26-second video provides insights into this significant development in the beauty industry, highlighting Ulta’s plans for growth and market expansion.