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The Latest Breaking News from David Rawlinson

TV shopping network QVC to file for bankruptcy as Americans struggle with cost of living concerns

QVC Group admitted that it cannot assure that ‘cash flow from operations will be sufficient to continue to fund our operations,’ in the filing

The Independent UK

End of a shopping era? QVC could be heading toward bankruptcy putting network’s future in peril

End of a shopping era? QVC could be heading toward bankruptcy putting network’s future in peril

No final decision has been made about filing for bankruptcy, according to a report

The Independent UK

Can home shopping become cool? Qurate CEO David Rawlinson wants to bring QVC and HSN into the streaming era

Can home shopping become cool? Qurate CEO David Rawlinson wants to bring QVC and HSN into the streaming era

“I can’t imagine a world where the next generation of shopping online is not deeply personal, deeply about connection, and deeply about video,” Rawlinson says.

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The Fortune 500 has a record number of female and Black CEOs this year. The numbers still stink

There's real progress on representation in the corner office, but it's frustratingly slow.

Future Fortune 500 CEOs: 11 up-and-comers that leadership experts see as generational standout bosses

Fortune has identified 11 CEO stars in the making—many of them already in the C-suite, and all potential large-company CEOs.

Hosts Dan Hughes and Carolyn Gracie depart QVC as parent company announces layoffs

QVC has ended its partnership with longtime program hosts Dan Hughes and Carolyn Gracie.

Los Angeles Times

Why Qurate Retail Shares Are Plunging Today

Qurate Retail Inc (NASDAQ:QRTEA) reported a first-quarter FY22 revenue decline of 13.6% year-on-year to $2.88 billion, missing the consensus of $3 billion. The e-commerce revenue declined 14% to $1.8 billion, constituting 61% of total revenue. QxH revenue decreased 13%, QVC International fell 13%, Zulily shed 38%, and Cornerstone increased 19%. The operating margin…

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Qurate Retail's Stock Slides On Q4 Earnings Miss

Qurate Retail's Stock Slides On Q4 Earnings Miss

Qurate Retail Inc (NASDAQ:QRTEA) reported a fourth-quarter FY21 sales decline of 8.8% year-on-year, to $4.06 billion, missing the consensus of $4.15 billion. eCommerce revenue decreased 9% to $2.6 billion or 65% of total revenue in Q4. The company's QxH revenue decreased 7% in Q4, and QVC International revenue decreased 9%. Zulily revenue fell…

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