Welcome to our dedicated page for Qurate Retail Series A news (Ticker: QRTEA), a resource for investors and traders seeking the latest updates and insights on Qurate Retail Series A stock.
Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Geographically, the company operates in U.S, which generates key revenue, Japan, Germany and other regions.
Qurate Retail Group has initiated a celebration of Black-owned businesses during February to honor Black History Month. The company has launched several brands across its platforms, including QVC and HSN, featuring products from culinary, beauty, and fashion sectors. Notably, Bouffants & Broken Hearts offers vibrant apparel, while LYS Beauty focuses on clean cosmetics for all skin types. Celebrity chef Lorna Maseko has introduced a cookware line at HSN, promoting stylish, functional kitchen essentials. Additionally, ChicNiCity presents a clothing collection that reflects cultural heritage. Qurate aims to support diversity, equity, and inclusion through these initiatives.
QVC, a leader in video commerce, launched a new performance wear line called Gymwrap, co-founded by Nicole Ari Parker and Boris Kodjoe, on February 21, 2023. This activewear collection is tailored for women with busy lifestyles, featuring a range of products including headbands, T-shirts, leggings, and jackets, priced between $22 and $54. The couple will debut the line live on QVC on February 24, 2023. This collaboration emphasizes size inclusivity and affordability, catering to the unique needs of women, particularly in relation to hair protection during exercise. The launch aligns with QVC's commitment to empowering women through curated fashion offerings.
Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) announced a quarterly cash dividend of $2.00 per share on its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on March 15, 2023, to stockholders of record as of February 28, 2023. The company is a leading player in video commerce, reaching over 200 million homes globally through its various retail brands, including QVC and HSN.
Qurate Retail Group announced that 22 of its team members received the 2023 BEYA Modern-Day Technology Leader award at the 37th Annual BEYA STEM Conference. This recognition, awarded by the Career Communications Group, highlights outstanding performance in STEM fields. The awardees represent various roles from Information Technology to Customer Service across Qurate's brands, including QVC and HSN. Vice President Virginia Nguyen emphasized the company's commitment to diversity, equity, and inclusivity in STEM careers. Qurate also sponsored the conference, enhancing its focus on attracting diverse talent in the industry.
On January 26, 2023, QVC launched The BFF Collection by Jennie Garth and Tori Spelling, featuring exclusive home décor items designed to enhance functionality and style. This collection includes 11 curated products like entertainment carts and decorative pillows, priced between $49 and $242. Garth and Spelling, known for their role in "Beverly Hills 90210," aimed to bring personal inspiration into their designs. The collection is exclusively available on QVC and marks a significant addition to their home product lineup. QVC, part of Qurate Retail (NASDAQ: QRTEA, QRTEB, QRTEP), leverages its live video commerce platform to promote these new offerings.
QVC has launched the exclusive BFF Collection by Jennie Garth and Tori Spelling on January 26, 2023. This curated home décor collection is designed to simplify decorating while adding style to any space. The collection features 11 items, including entertainment carts and decorative pillows, priced between $49 and $242. Garth and Spelling drew inspiration from their long-standing friendship in creating the collection. Their live on-air debut occurred at 8 p.m. EST on the same day. QVC emphasizes providing affordable, sophisticated home accents through its influential video commerce platform.
Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) announces a conference call on March 1, 2023, at 8:30 a.m. E.T. to discuss Q4 2022 results. A press release detailing financial performance will be issued before market trading opens that day. The call aims to cover Qurate Retail's performance and future outlook. Participants can join via InComm Conferencing or listen online at the Qurate Retail website. The company operates renowned retail brands such as QVC® and HSN®, reaching over 200 million homes globally through diverse platforms. The recording will be available on the website post-call.
Ballard Designs, a leading home décor and furniture design company, has opened its new store in Austin, Texas, at The Arboretum. This location spans 11,500 sq. ft. and marks the brand's eighteenth retail outlet nationwide. The opening follows previous successes in Dallas, Fort Worth, and Houston. VP of Retail, Dominic Milanese, emphasized the store's alignment with evolving Austin décor trends, offering customized furniture options and complimentary design services. The store aims to attract both design professionals and home décor enthusiasts, with a focus on outdoor decorating and open-concept home design needs.
Ballard Designs, an omnichannel home decor and furniture design company under Qurate Retail Group, launched a new 3D room planning tool developed with 3D Cloud by Marxent. This innovative tool enables design consultants to create realistic room plans using photos and measurements, allowing customers to visualize how furniture will fit in their homes. The tool enhances customer confidence in purchases and updates with new products regularly. It will soon be available online, expanding access to those without retail locations. This launch represents a significant advancement in interior design services.
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