Qurate Retail Officially Becomes QVC Group
21 Fevereiro 2025 - 6:15PM
Business Wire
New name incorporates the brand equity of the
company’s largest brand, supports strategy to expand in live social
shopping
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.”
“This rebranding is an important milestone in our nearly 50-year
evolution as a collection of leading retail brands,” said David
Rawlinson II, President and CEO, QVC Group, Inc. “From the
beginning, we’ve been the innovators in live video shopping – first
on cable TV, then on ecommerce and mobile. Now, once again, we’re
reimagining our company to grow in new places by leaning into
streaming and social.”
QVC Group is redefining 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.
Customers will continue to meet QVC Group through its six
constituent brands: QVC, HSN, Ballard Designs, Frontgate, Garnet
Hill and Grandin Road.
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 qvcgrp.com or follow
QVC Group on YouTube or LinkedIn.
Forward-Looking Statements
This press release includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including without limitation, statements regarding QVC
Group’s growth strategy. These forward-looking statements involve
many risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by such
statements, including QVC Group’s ability to achieve its strategic
goals. These forward-looking statements speak only as of the date
of this press release, and QVC Group expressly disclaims any
obligation or undertaking to disseminate any updates or revisions
to any forward-looking statement contained herein to reflect any
change in its expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is
based. Please refer to the publicly filed documents of QVC Group,
including the most recent Forms 10-K and 10-Q, for additional
information about QVC Group and about the risks and uncertainties
related to the business of QVC Group which may affect the
statements made in this press release.
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media.relations@qvc.com
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