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Agenda-setting intelligence, analysis and advice for the global fashion community.

Why Ulta Beauty and Target Broke Up

The largest beauty retailer in the US announced it will not renew its shop-in-shop partnership with Target. While initially popular, poor execution, changing shopping habits and overlap between the two stores’ locations and customers brought the collaboration to a halt, experts said.
An Ulta Beauty storefront
Ulta Beauty is returning to its roots. (Ulta Beauty)

Ulta Beauty’s partnership with Target will come to an end in Aug. 2026,

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Further Reading

How to Win Friends and Influence Ulta

DIBS Beauty says it’ll be “the top-selling Ulta brand” in 2026, and that its new double-sided mascara is key to unlocking the number one spot. Is that even possible?

Why Ulta Beauty Bought Space NK

The US retailer’s surprise buyout of the London-based upmarket chain is in line with its recent business overall, which puts global expansion at the core of future growth.

About the author
Daniela Morosini
Daniela Morosini

Daniela Morosini is Senior Beauty Correspondent and Special Projects Editor at The Business of Beauty at BoF. She covers the global beauty industry, with an interest in how companies go to market and overcome hurdles.

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