Beauty retail accelerates omnichannel and international expansion in 2026

Sephora pushes into underserved North American and European white space; Ulta moves deeper into travel retail and airports; Nykaa opens regional distribution centers, cementing its role as the clean-beauty gateway into South Asia; Credo expands beyond California with new flagships post-Ulta exit; K-beauty retailers open experiential concept stores emphasizing ingredient education.