Welcome to our dedicated page for Qurate Retail Series B news (Ticker: QRTEB), a resource for investors and traders seeking the latest updates and insights on Qurate Retail Series B 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, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) will release its fourth-quarter 2020 results on February 25 at the market close, followed by a conference call on February 26 at 8:30 a.m. (E.S.T.). CEO Mike George and Executive Chairman Greg Maffei will host the call, discussing the company's financial performance and outlook. Interested parties can join the live call by calling GlobalMeet or through the Qurate Retail website. The call will be archived for one year following the appropriate SEC filings.
QVC has launched on YouTube TV, enhancing its accessibility to a broader audience with over 3 million subscribers. This move marks QVC as the only livestream shopping channel on the platform, now available on multiple subscription services with a total of more than 8 million subscribers. QVC aims to attract new customers while retaining current viewers. The collaboration is part of a strategic plan to expand QVC's presence across various media platforms, reaching approximately 380 million homes worldwide. This launch supports QVC's unique video commerce experience.
Soulgani Active, led by CEO Christina Sparks, will launch its Bali-inspired activewear collection on QVC on January 25, 2021, at 8 PM EST. This follows their success in QVC and HSN's The Big Find product search, highlighting innovative new products. The collection features wicking leggings, low-impact sports bras, and tops inspired by Bali, with a commitment to donate 5 meals to Feeding America for each item sold. Soulgani aims to empower women through its designs while supporting charitable causes.
Qurate Retail Group announces the expansion of the Small Business Spotlight initiative in partnership with the NRF Foundation to support 100 entrepreneurs from diverse backgrounds in 2021. Selected businesses will gain on-air and digital exposure via QVC, HSN, and Zulily, along with pro-bono services. Applications are open until February 26, with eligibility criteria including 100 or fewer employees and diverse ownership. The program, initially launched in May 2020, previously helped small businesses increase sales and customer reach significantly.
Qurate Retail, Inc. (Nasdaq: QRTEA, QRTEB, QRTEP) announced a semi-annual interest payment and excess regular cash dividend distribution for holders of its 3.5% Senior Exchangeable Debentures due 2031. Shareholders will receive $17.50 per $1,000 principal amount, plus an additional $4.1552 per Debenture linked to quarterly dividends from Motorola Solutions Inc. Payments are due on January 15, 2021, for record holders as of January 1, 2021. Adjustments made to the Debentures' principal do not affect the interest payments, which remain at 3.5% per annum.
On January 11, 2021, Zulily released findings from a survey highlighting the evolving ways moms express love during the pandemic. The survey revealed that 55% of moms feel they've spent too much time with their partners and seek "me time" as a crucial gift this Valentine's Day. Significantly, 70% of moms crave quality time with their partners, although this now often means being in the same room while engaging in separate activities. New love languages have emerged, with humor and household chores taking center stage. The survey was conducted with 1,006 U.S. mothers in December 2020.
Zulily has launched a campaign to celebrate Mrs. Claus, recognizing her as an emblem of the strength and resilience of women, especially mothers. The campaign includes a Change.org petition advocating for Mrs. Claus to receive more recognition. A survey reveals that 88% of moms view their role as primarily 'givers', while 70% feel underappreciated during the holidays. Zulily aims to highlight the responsibilities that mothers carry, with 74% saying they provide most emotional support during the holiday season. The campaign reflects a broader movement to validate the contributions of all women.
QVC announces the launch of a size-inclusive fashion line, J Jason Wu, designed by renowned fashion designer Jason Wu, available on QVC.com starting November 11, 2020. The collection offers sizes ranging from 5X to XXS and includes a variety of clothing options like suiting, dresses, and everyday staples. Jason Wu will make his first live appearance on QVC on November 13 to discuss his collection. Prices for the line will range from $44 to $120, emphasizing QVC's commitment to inclusive fashion.
LG Electronics USA has launched the Shop Time app for LG Smart TVs, allowing users to purchase items directly from popular video retailers like QVC and HSN. The app, compatible with LG Smart TVs from 2016-2020, enhances the shopping experience by enabling users to save items and receive tailored product recommendations. New HSN customers can benefit from a $20 digital coupon on purchases over $40 until November 30. This initiative aims to streamline the shopping process and expand the reach of Qurate Retail Group, enhancing their connection with LG viewers.
On October 12, 2020, Qurate Retail Group announced the launch of a new cooking show, Travel, Cook, Repeat with Curtis Stone, debuting on October 13 on the QVC/HSN streaming service. The show features Chef Curtis Stone exploring global flavors and sharing easy-to-follow recipes. With six episodes available on-demand, viewers can shop for Stone's cookware directly on HSN.com. The combined streaming service, launched in August 2019, reaches around 45 million homes and has become a popular platform. Stone's brand has sold over 2.5 million Dura-Pans, showcasing significant growth.
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