HSN

Retail
Qurate Reinforces Executive Team

Qurate Retail has made several executive appointments for the Qurate Retail Group, which comprises eight retail brands: QVC, HSN, Zulily, Ballard Designs, Frontgate, Garnet Hill, Grandin Road and Improvements.

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.

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.

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