by Mike Duff | May 25, 2023 | Retail Articles
Regent, a Los Angeles-based investment firm with expertise in the retail and apparel sectors, has acquired Zulily, from Qurate Retail, the companies announced in a joint statement. Zulily was a wholly owned Qurate Retail subsidiary and the company noted that the...
by Mike Duff | May 5, 2023 | Retail Articles
Qurate Retail reported the company turnaround plan is taking hold as its first-quarter loss was less than Wall Street expected and sales were more. Company net income was $20 million, or 5 cents per diluted share, versus $1 million, or, in effect, zero cents per...
by Mike Duff | Mar 13, 2023 | Retail Articles
Qurate Retail Group fell short in its fourth quarter of a Wall Street earnings estimate and just surpassed one for revenue as the company continues a restructuring initiative. Net loss for the quarter was $51 million, or 13 cents diluted per share, versus a net loss...
by Mike Duff | Jan 11, 2023 | Retail Articles
Fork U Academy is launching a new program series on QVC+ hosted by Mark Gill, self-proclaimed foodie and video host. Fork U Academy is a registered trademark and wholly owned subsidiary of Famous Discoveries LLC, which has developed it as a new marketing vehicle to...
by Chandler Harvey | Dec 2, 2022 | Retail Articles
QVC and HSN are joining Pluto TV in the U.S. as the only livestream shopping channels on the streaming service. This follows the announcement of QVC and HSN launching livestream shopping on The Roku Channel. QVC and HSN, part of the Qurate Retail Group, will offer...