HSN and Food & Wine magazine are teaming to launch a strategic alliance that will bring together retail, content and housewares products across multiple platforms.
After recently reporting that CEO Mindy Grossman had departed, HSN said it was looking to improve its performance after a drop in net income and sales in the first quarter.
Mindy Grossman is stepping down as HSN’s CEO and will take a leadership position with another public company, officials with the multi-channel retailer said on Wednesday, April 26.
Kimberly Schlapman of the country music group Little Big Town will launch the Love & Daisies line of kitchenware on HSN. The premiere is scheduled to air live on April 19.
HSN has selected the five finalists for its Project American Dreams initiative, with the products from each set to debut as part of the network’s The Monday Night Show on March 13.
In the fourth quarter, HSN recorded net income of $43.5 million, or 82 cents per diluted share, as compared with $59.7 million, or $1.12 per diluted share, in the previous-year period.
Kim Kimble, a celebrity hair stylist and hair expert, will launch her new product line, Kim Kimble Professional Products, exclusively with HSN on December 29.
HSN is building on its American Dreams initiative by taking its search for the next big tech-driven product to the upcoming Consumer Electronics Show (CES) in Las Vegas.
HSN has named Rod Little chief financial officer. Little comes to HSNi with significant public company expertise in the consumer products industry, having served as chief financial officer for Elizabeth Arden as well as a variety of leadership positions with Procter & Gamble.