HSN

Financials
Qurate Q4 Sales Slip

Revenues and operating income fell at QVC and HSN in the fourth quarter, which impacted Qurate Retail financial results, although the company made some adjusted income headway.

Retail
Qurate Selects CommerceHub As Global Drop-Ship Provider

CommerceHub, an enterprise drop-ship platform, has signed a multi-year agreement to become the third-party, global drop-ship provider for Qurate Retail Group. The new agreement will expand CommerceHub’s existing services for QVC U.S. and HSN to also include QVC’s U.K. and German markets.

Retail
Qurate Appoints Ferraro President Of QVC, HSN

Qurate Retail Group has appointed Leslie Ferraro to the newly created role of president, QxH, effective September 16. In this role, Ferraro will lead Qurate Retail’s largest business unit, comprising its QVC and HSN brands in the U.S., reporting to Mike George, president and CEO, Qurate Retail, Inc.

Financials
Qurate Progresses In Fourth Quarter

In a fourth quarter when the company continued its integration efforts including those combining HSN and QVC operations, Qurate Retail recorded lower net income but increased sales growth across most of its retail platforms. 

Retail
Synchrony Expands Partnership With Qurate

Qurate Retail Group’s HSN has selected Synchrony as its strategic provider of private label credit card services beginning in August 2019. HSN will replace its current financing provider with Synchrony’s services.

Retail
Qurate Reorganizing QVC, HSN

Qurate Retail Group has announced a series of initiatives designed to position its HSN and QVC U.S. businesses for long-term growth, increase synergies and accelerate the company’s digital transformation. The moves include the elimination of the QVC U.S. president position, with the exit of Steve Hofmann, who currently holds that position, and the combination of buying staffs.

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