The QVC Group, which includes home TV brands HSN and QVC, is doing big things behind the scenes.
According to the annual report filed with the Securities and Exchange Commission on Tuesday, April 14, the company indicated that it intends to file for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of Texas after reaching a restructuring agreement with creditors.
In accordance with The Hollywood ReporterChapter 11 allows a company to continue operating while it is being reorganized. As a result, no immediate changes are expected for QVC and HSN customers.
“Today marks a big step for us as we shape the future of live social shopping,” QVC and HSN said via Instagram on Thursday, April 16. “The QVC Group is taking steps to strengthen our company for the long term, and we’re determined to come out of this even stronger — to continue bringing you new products, compelling content and memorable moments. We are operating as usual on all our channels and platforms.”
Networks also encourage consumers to learn more about the restructuring process online.
QVC, which stands for “Quality, Value and Convenience,” was founded in 1986 Joseph Myron Segel. The network has thousands of items available consistently over the air and online in a variety of categories, including jewelry, fashion, beauty, electronics, kitchen and home.
Both HSN and QVC attract several celebrities and their brands, such as Jennie Garth, Giuliana Rancic, Curtis Stone again Stacy London.
In March 2025, QVC Group announced that it will lay off around 900 workers as it plans to go shopping live on social media platforms like TikTok.
“Linear TV is the most attractive, most profitable platform and remains our cornerstone. However, as traditional TV declines and a mix of video platforms takes a larger share of customers’ attention, we must accelerate our expansion beyond TV to achieve growth,” the company wrote in its letter. annual report to shareholders at that time. “We are redefining who we are as a company and the role we play in our customers and retail environments. We are entering this next phase of our transformation with momentum and excitement.”
In June 2025, HSN recorded its last live broadcast in Florida before moving its studios to Pennsylvania, where QVC is based.
Three months later, six talented women joined HSN as the host of a new show after a few familiar faces saying goodbye to the network.
“Seeing the genuine excitement and dedication of our new hosts to not only learn more about the HSN brand but also build relationships directly with our customers has been impressive to see,” the QVC and HSN executive said. Stacy Bowe burst into Us December 2025. “They are eager to help bring stories to life through the products they share in an authentic and honest way that resonates with our customers. Watching our veteran hosts take them under their wings to share their personal knowledge and experience has been a joy to behold.”
