STOCK TITAN

"QVC Presents 28th Annual FFANY Shoes on Sale" Fundraiser on Track to Top $60 Million After Campaign Wraps on December 31

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

On October 12, 2021, QVC announced the 28th annual FFANY Shoes on Sale event, aiming to raise over $60 million for breast cancer research and education. The campaign, running through December 31, 2021, features discounted footwear with proceeds benefiting the Fashion Footwear Charitable Foundation. To date, the initiative has raised more than $59.5 million. Prominent beneficiaries include Penn Medicine and Dana-Farber Cancer Institute. QVC's long-standing commitment to this cause highlights its role in community support and sustainable retail practices.

Positive
  • FFANY Shoes on Sale has raised over $59.5 million for breast cancer research and education.
  • Campaign features thousands of brand-name shoes at discounted prices with a portion benefiting charity.
  • QVC's commitment enhances its reputation for community support and social responsibility.
Negative
  • None.

WEST CHESTER, Pa., Oct. 12, 2021 /PRNewswire/ -- QVC®, a world leader in video commerce, will air the 28th "QVC Presents FFANY Shoes on Sale" live across multiple platforms, including the broadcast on Tuesday, October 12 at 5 PM, EDT, with extended opportunities to shop for the cause on QVC's digital platforms through December 31, 2021. To date, QVC Presents FFANY Shoes on Sale, in collaboration with the Fashion Footwear Charitable Foundation, has raised more than $59.5 million for first-step cancer research and education.

Qurate Retail Group, which comprises seven leading retail brands – QVC, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill®, and Grandin Road®, believes in a purpose that is bigger than just selling things. Their relationships and platforms reaching millions of people worldwide give them a unique ability to bring people and resources together on a global scale.  Challenges such as inequality, climate change, and community wellbeing require bold goals, fresh thinking, renewed commitment, and collective action.  That is why Corporate Responsibility is a critical part of their internal and external mission called Our Path Forward, underpinning their Purpose, Priorities, and Principles as an organization. Qurate Retail Group is part of Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP).

The perennially popular campaign kicked off on QVC.com in early October and relies on wholesale donations from prominent footwear brands.   Available to shop are thousands of brand name, donated shoes and accessories offered at sale prices of at least half off retail value or comparable retail value*, with a minimum of 70% of the purchase price† benefitting the Fashion Footwear Charitable Foundation.

"QVC's long-standing commitment to supporting its communities, externally and internally, is designed to inspire a more sustainable way to retail, and the funding of research and education for devastating diseases such as breast cancer is such an important priority," says long-time QVC Program Host Jane Treacy. "For nearly 30 years, I have been proud to host the QVC Presents FFANY Shoes on Sale broadcast.  My sister is a survivor, and during the show, I honor her and everyone touched by breast cancer.  My greatest hope is that one day, a cure is found.  I am so grateful to everyone involved in our fundraising, especially since we are so close to $60 million raised.  Together we have, and will, make a difference."

The Fashion Footwear Charitable Foundation was created to support ongoing research and education programs to fight breast cancer with support from the Fashion Footwear Association of New York (FFANY) and its members.  Funds raised from "QVC Presents FFANY Shoes on Sale" are distributed to leading institutions for breast cancer research and education across the United States. 

Beneficiaries of the 2020 event were:  Penn Medicine Abramson Cancer Center, Dana-Farber Cancer Institute, Rogel Cancer Center at the University of Michigan, University of Washington Medicine Cancer Vaccine Institute, Cedars Sinai, Siteman Cancer Center, Saint John's Health Center Foundation, and Weill Cornell Medicine New York-Presbyterian.

John Heron, Fashion Footwear Charitable Foundation (FFCF) President, applauds this endeavor in a statement, "Thanks first and foremost to QVC who has once again committed their time, energy, and support through their teams, as well as significant exposure on their multiple digital retail platforms. They have been true collaborators in all of our efforts." He continued, "The footwear industry has been resilient through the pandemic and remains steadfast in its resolve and commitment to funding the efforts of our research beneficiaries as they seek a cure for breast cancer."

For more information about QVC Presents FFANY Shoes on Sale, or to shop the collection, visit QVC.com and search "FFANY."

About QVC® 

QVC is a world leader in video commerce across broadcast, streaming, mobile, and social platforms, offering engaging, interactive shopping experiences for millions of people worldwide and large audiences for thousands of vendors. QVC delivers the joy of discovery through the power of relationships. Every day, QVC engages millions of shoppers in a journey of discovery through an ever-changing collection of familiar brands and fresh new products, from home and fashion to beauty, electronics, and jewelry. Along the way, QVC connects shoppers to interesting personalities, engaging stories, and award-winning customer service. Based in West Chester, Pa., and founded in 1986, QVC has retail operations in the U.S., the U.K., Germany, Japan, and Italy. Worldwide, QVC reaches 218 million homes via its 12 broadcast networks and reaches millions more via multiple streaming services, websites, mobile apps, and social pages. To learn more, visit corporate.qvc.com, follow @QVC on FacebookInstagram, or Twitter, or follow QVC on PinterestYouTube, or LinkedIn.  

Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) includes QVC, HSN®, Zulily® and the Cornerstone brands (collectively, "Qurate Retail GroupSM"), as well as other minority interests and green energy investments. Qurate Retail Group believes in a Third Way to Shop® – beyond transactional ecommerce or traditional brick-and-mortar stores. In addition to being a world leader in video commerce, Qurate Retail Group is among the top ecommerce retailers in North America (according to Digital Commerce 360) and is a leader in mobile commerce and social commerce. For more information, visit www.qurateretailgroup.com, follow @QurateRetailGrp on FacebookInstagram or Twitter, or follow Qurate Retail Group on YouTube or LinkedIn. QVC and Q are registered service marks of ER Marks, Inc. 

*At least half off the Retail Value or Comparable Retail Value. Retail Value represents an actual comparison-shopped price for the item being advertised on the first day QVC offered the item for sale. Comparable Retail Value represents the price being charged by retailers for items of like grade and quality.

†Purchase price excludes shipping and handling charges and tax.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/qvc-presents-28th-annual-ffany-shoes-on-sale-fundraiser-on-track-to-top-60-million-after-campaign-wraps-on-december-31-301398630.html

SOURCE QVC

FAQ

What is the FFANY Shoes on Sale event by QVC?

The FFANY Shoes on Sale event is an annual fundraiser by QVC that supports breast cancer research, offering discounted shoes with proceeds benefiting the Fashion Footwear Charitable Foundation.

When does the FFANY Shoes on Sale campaign end?

The FFANY Shoes on Sale campaign runs until December 31, 2021.

How much money has the FFANY Shoes on Sale event raised to date?

The event has raised over $59.5 million for breast cancer research and education.

Which organizations benefit from the FFANY Shoes on Sale fundraising?

Beneficiaries include Penn Medicine Abramson Cancer Center, Dana-Farber Cancer Institute, and other prominent research institutions.

What are the stock symbols associated with Qurate Retail Group?

The stock symbols for Qurate Retail Group are QRTEA, QRTEB, and QRTEP.

Qurate Retail, Inc. Series A

NASDAQ:QRTEA

QRTEA Rankings

QRTEA Latest News

QRTEA Stock Data

137.23M
355.82M
8.53%
60.38%
1.07%
Internet Retail
Retail-catalog & Mail-order Houses
Link
United States of America
ENGLEWOOD