qurate

Financials
Qurate Sales, Income Slip In Q2

Qurate retail sales and income declined in the second quarter but profits came in over a Wall Street estimate.

Executive Profile
Mark Callahan, QVC, Buyer

With QVC since 2005, Mark Callahan has gained a retail industry reputation for being on top of the trends and his zeal has not tapered off during his tenure. This, noted housewares vendors, is what makes Callahan deserving of the title of 2019 HomeWorld Business Impact Merchant.

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
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.

Retail
HSN Prepares American Dreams Academy

HSN and the University of Tampa’s John P. Lowth Entrepreneurship Center, Sykes College of Business, are preparing the next American Dreams Academy— an interactive, educational and hands-on two-day experience for emerging entrepreneurs— which will be held in Cincinnati.

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.