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August 27, 2015 6:32 PM ET

Internet and Catalog Retail

Company Overview of QVC, Inc.

Company Overview

QVC, Inc. engages in the retail of various consumer products through merchandise-focused televised shopping programs, the Internet, and mobile applications. It operates through six segments: QVC-U.S., QVC-Germany, QVC-Japan, QVC-U.K., QVC-Italy, and QVC-France. The company provides electronics, home, beauty, jewelry, apparel, and accessory products. It also broadcasts pre-recorded shows on various channels comprising QVC Plus in the United States; QVC Beauty & Style and QVC Plus in Germany; and QVC Beauty, QVC Extra, and QVC Style in the United Kingdom, which allow viewers access to a range of QVC programming options. In addition, the company operates QVC.com, a Website that allows consumers...

1200 Wilson Drive

West Chester, PA 19380

United States

Founded in 1986

17,300 Employees

Phone:

610-701-1000

Key Executives for QVC, Inc.

Chief Executive Officer and President
Age: 54
Chief Financial Officer, Principal Accounting Officer and Executive Vice President of Strategy
Age: 53
Chief Operating Officer
Chief Executive Officer of Europe
Chief Executive Officer of QVC UK
Compensation as of Fiscal Year 2015.

QVC, Inc. Key Developments

Liberty Interactive Corporation, zulily, Inc., QVC, Inc. - M&A Call

To discuss the proposed acquisition of outstanding shares of zulily, inc. by Liberty Interactive Corporation

QVC to Open First West Coast Distribution Center in Ontario, California

QVC announced that it will open distribution center in Ontario, California. When the new facility begins operation in the third quarter of 2016, it will serve as a West Coast distribution hub for QVC. As QVC ramps up operations, the center is expected to employ more than 500 team members by 2018. The company anticipates hiring approximately 1,000 team members in total by 2020 as the distribution center expands fulfillment to all product categories.

QVC Appoints Sanjay Singh to Senior Vice President, Business Planning & Analysis

QVC, Inc. announced the appointment of Sanjay Singh as senior vice president to lead its newly formed Business Planning & Analysis (BP&A) group. Singh will be responsible for developing financial insights and driving integrated global business and financial planning across markets and functions to ensure QVC's continued global growth and success. He will report to Ted Jastrzebski, chief financial officer and EVP of strategy for QVC. Prior to QVC, Singh served as senior vice president, finance, at Abercrombie & Fitch, where he was responsible for the company's strategic planning, real estate finance, franchising and capital. Singh will be based at QVC's global headquarters in West Chester, Pa.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 17, 2015
zulily, Inc.
 

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