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.
As it posted declining results in the first quarter, Evine emphasized executive changes and initiatives designed to turn around the business.
QVC and HSN have launched “The Big Find,” a nationwide search to discover the next big brand or unique product in beauty, fashion, accessories and jewelry.
As it continues to adjust its business model after the QVC and HSN merger, Qurate Retail struggled in a challenging first quarter.
Evine Live has appointed a new CEO and made a deal with its largest and most tenured vendor, The Invicta Watch Group (IWG), which will give the supplier a significant role in the multichannel retailer’s operations.
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.
Emson has been named as the winner of the Advertiser of the Year award by the 2019 AdSphere Awards. The awards honor the top advertisers and brands in the direct response television industry and are presented by DRMetrix, a leading industry research company.
QVC has unveiled a new visual identity, logo and a new app for iPhone devices, designed to enrich the video-based shopping experiences QVC offers, particularly in the mobile platform.
QVC has refinanced its senior secured credit facility with a new amended and restated senior secured credit facility.
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.
Evine Live faced a challenging third quarter, in which net sales decreased and its net loss widened.
Evine has promoted Jon Sanders to svp/general manager of fulfillment and third party logistics.
Qurate Retail Group is rolling out several programs that company officials said build on its history in video, digital and social e-commerce.
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.
Amazon has become an official retail partner for “Shark Tank.” The new Amazon Launchpad Shark Tank Collection highlights products seen on the show.
Evine Live has kicked off its 2018 holiday promotional theme, “A Practically Perfect Christmas,” which will cover 13 events featuring special pricing and 25 new brand partner launches.
Qurate Retail Group has announced that Jeffrey Davis will join the group as chief financial officer. Davis has resigned as the CFO of J.C. Penney to take the new position.
A+E Networks has teamed with Cricket Holdings, LLC to launch a line of cookware and cutlery inspired by History’s hit series, “Forged In Fire.”
Evine improved its second quarter performance, growing sales and narrowing its net loss.
Qurate reported solid sales growth across most of its retail divisions including QVC, while the company said it continues to work on integrating HSN into its operating business structure.