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QVC Group, which consists of home shopping TV brands HSN and QVC, is making big moves behind the scenes.
according to a annual report The company disclosed in a filing with the U.S. Securities and Exchange Commission on Tuesday, April 14, that it intends to file for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas after reaching a restructuring agreement with creditors.
according to hollywood reporterChapter 11 allows the company to continue operating during the reorganization period. Therefore, QVC and HSN shoppers don’t expect immediate changes.
“Today marks a big step in shaping the future of real-time social shopping. “QVC and HSN say pass Instagram Thursday, April 16th. “QVC Group is taking actions to strengthen our company for the long term, and we are determined to emerge even stronger so we can continue to bring you innovative products, engaging content and unforgettable moments. It is business as usual across all our channels and platforms.”
The networks also encourage shoppers to learn more about the restructuring process online.
QVC stands for “Quality, Value and Convenience” and was founded in 1986 Joseph Myron Siegel. The network continues to offer thousands of items on-air and online in a variety of categories, including jewelry, fashion, beauty, electronics, kitchen and home.
Both HSN and QVC attract celebrities and their brands, e.g. Jenny Gass, Giuliana Rancic, Curtis Stone and stacey london.
In March 2025, QVC Group announced that it would lay off about 900 employees and planned to shift to live shopping on social platforms such as TikTok.
“Linear TV is a highly compelling, high-margin platform that remains a cornerstone for us. However, as traditional TV declines and the video platform portfolio captures a greater share of our customers’ attention, we must accelerate our expansion beyond TV to pursue growth,” the company wrote in its statement. annual report to the then shareholders. “We are fundamentally redefining who we are as a company and the role we play for our customers and the retail industry. We enter this next phase of our transformation with rigor and excitement.”
In June 2025, HSN filmed its last live broadcast in Florida before moving the studio to Pennsylvania, where QVC is headquartered.
Three months later, six talented women Join HSN New showrunners following several familiar faces Say goodbye to the Internet.
QVC and HSN executives said: “The real excitement and commitment shown by our new hosts, who not only have a greater understanding of the HSN brand, but also have direct relationships with our customers, is impressive.” Stacy Bowe gush out us December 2025. “They are eager to bring the stories behind the products they share to life in an authentic and trustworthy way that resonates with our customers. It’s such a joy to see our experienced hosts share their personal knowledge and experiences under their wing.”