home shopping network

Financials
Qurate Q1 Gains As QVC Advances

After completing a spin off from GCI Liberty and changing its name from Liberty Interactive, Qurate Retail, parent of QVC and HSN among other retail operations, posted first quarter net income of $142 million, or 30 cents per share, versus $91 million, or 20 cents per share, in the year-before period.

Appliances
KitchenAid To Make HSN Debut May 5

KitchenAid is coming to HSN as the popular kitchen electrics brand will make its first appearance on the television and e-commerce retailer on Saturday, May 5.

Retail
QVC Reinforces Management Team

With QVC expecting its acquisition of HSN to be complete in the coming weeks, the former is moving ahead with plans to reorganize the company’s management team under what will be known as the QVC Group.

Financials
HSN Posts Q2 Sales Decline

Second quarter net sales at HSN Inc. were down mid-single digits as company officials said the retailer remains focused on further developing its proprietary product assortment while preparing for its pending purchase by Liberty Interactive.

Retail
HSN Names Little CFO

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.

Retail
HSN Names Bauza Chief Merchandising Officer

HSN has named Carmen Bauza as its new executive vice president and chief merchandising officer. She brings more than 30 years of experience to the company having previously worked for Walmart, Five Below and the Walt Disney Company. She officially joins the company November 28 and will report to Bill Brand, HSN president.

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