LB3A Qurate Retail Inc

David Rawlinson and QVC Group, Inc. Agree to New Three-Year Deal

QVC Group, Inc. and David Rawlinson have reached a new agreement that would extend his term as President and CEO through December 31, 2027.

“I have been honored to serve as President and CEO of QVC Group and I am excited about the opportunity ahead for the company. Over the last three years, the team has successfully navigated a tragic fire, post-COVID retrenchment, and significant levels of cord-cutting, and still driven bottom-line results,” Rawlinson said. “Now, we can take a more nimble and more profitable QVC Group and target a return to growth. As shopping grows quickly on social and streaming platforms, we are well positioned to use our exceptional content creation and selling capabilities to capture market share. We still believe retail can be joyful and human.”

Through the WIN growth strategy, QVC GroupSM will build on its proud legacy in TV and become a live social shopping company by accelerating its already-successful efforts in social and streaming. The strategy is grounded in three priorities:

  • Wherever She Shops: Drive live shopping content to everywhere she spends her time
  • Inspiring People and Products: Create the world’s leading live social shopping content engine, inspiring human connection with incredible finds
  • New Ways of Working: Lean into technology and continuous improvement to fund expansion onto new platforms and into new audiences

“During David’s tenure, he has continued to lead with confidence and great vision, successfully architecting and delivering the company’s multiyear Project Athens initiative, which improved our profitability despite a challenging macro environment,” said Greg Maffei, Executive Chairman, QVC Group, Inc. “The Board and I are confident he can lead QVC Group through its next chapter as we focus on growth and transforming into a live social shopping company.”

About QVC Group

QVC GroupSM is a live social shopping company that redefines the shopping experience through video-driven commerce on every screen, from smartphones and tablets to laptops and TVs. QVC Group brings innovative products, compelling content, and unforgettable moments to millions of shoppers worldwide via social platforms, streaming apps, ecommerce sites and TV channels, making every screen a doorway to discovery, delight and community.

QVC Group reaches more than 200 million homes worldwide via 15 television channels, which are widely available on cable/satellite TV, free over-the-air TV, and FAST and other digital livestreaming TV. The retailer also reaches millions of customers via its QVC+ and HSN+ streaming experience, Facebook, Instagram, TikTok, YouTube, Pinterest, websites, mobile apps, print catalogs, and in-store destinations.

QVC Group, Inc. (NASDAQ: QVCGA, QVCGB, QVCGP) is a Fortune 500 company with six leading retail brands – QVC®, HSN®, Ballard Designs®, Frontgate®, Garnet Hill® and Grandin Road® – and other minority interests. Headquartered in West Chester, Pa., QVC Group has team members in the U.S., the U.K., Germany, Japan, Italy, Poland and China. For more information, visit or follow QVC Group on YouTube or LinkedIn.

EN
28/02/2025

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Reports on Qurate Retail Inc

 PRESS RELEASE

David Rawlinson and QVC Group, Inc. Agree to New Three-Year Deal

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- QVC Group, Inc. and David Rawlinson have reached a new agreement that would extend his term as President and CEO through December 31, 2027. “I have been honored to serve as President and CEO of QVC Group and I am excited about the opportunity ahead for the company. Over the last three years, the team has successfully navigated a tragic fire, post-COVID retrenchment, and significant levels of cord-cutting, and still driven bottom-line results,” Rawlinson said. “Now, we can take a more nimble and more profitable QVC Group and target a return to growth. As sh...

 PRESS RELEASE

QVC Group Reports Fourth Quarter and Year End 2024 Financial Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- QVC Group, Inc. (“QVC Group”) (Nasdaq: QVCGA, QVCGB, QVCGP) today reported fourth quarter and year end 2024 results(1). “2024 was an important year for the company and we achieved several milestones. We successfully completed Project Athens, resulting in a second straight year of Adjusted OIBDA growth as reported and enhanced operating discipline. We also reduced our debt levels to strengthen the balance sheet and grew our streaming business. We faced challenges in the second half of 2024, driven by heightened competition for viewership with the Olympics a...

 PRESS RELEASE

QVC Group, Inc. Announces 2025 Virtual Annual Meeting of Stockholders

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- QVC Group, Inc. (“QVC Group,” formerly Qurate Retail, Inc.) (Nasdaq: QVCGA, QVCGB, QVCGP) will be holding its virtual Annual Meeting of Stockholders (the “Annual Meeting”) on Monday, May 12, 2025 at 11:00 a.m. M.T. Stockholders of record as of the record date will be able to listen, vote and submit questions pertaining to the Annual Meeting by logging in at . The record date for the meeting is 5:00 p.m., New York City time, on March 24, 2025. Stockholders will need the 16-digit control number that is printed in the box marked by the arrow on the stockholder’...

 PRESS RELEASE

Qurate Retail Officially Becomes QVC Group

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) has officially changed its name to QVC Group, Inc. (“QVC Group” or the “company”). The new name incorporates the brand equity of the company’s largest brand and supports QVC Group’s growth strategy to expand into a live social shopping company. QVC Group, Inc. is a Fortune 500 company with six leading retail brands – QVC®, HSN®, Ballard Designs®, Frontgate®, Garnet Hill® and Grandin Road®. On Monday, February 24, the company’s stock will start trading under the new stock symbols “QVCGA”, “QVCGB” and “QVCGP.” ...

 PRESS RELEASE

Qurate Retail Announces Semi-Annual Interest Payment and Regular Addit...

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of February 1, 2025 of the 3.75% Senior Exchangeable Debentures due 2030 (the “Debentures”) issued by its wholly-owned subsidiary, Liberty Interactive LLC (“LI LLC”). The semi-annual interest payment amount is $18.75 per $1,000 original principal amount of Debentures, and the amount of the Regular Additional Distribution is $0.3701 per $1,000 original principal amount of Debent...

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