May 23, 2013 12:23 AM ET

Internet and Catalog Retail

Company Overview of QVC, Inc.

Company Overview

QVC, Inc., a multimedia retailer, provides beauty, fashion, jewelry, home, electronics, cooking and dining, collectibles, fitness, and music products for cable and satellite home customers. It offers fashion products, such as men's and women's apparel, accessories and shoes, handbags, and watches; jewelry, such as ankle bracelets, charms, earrings, necklaces, pendants, pins, and rings; and beauty products, including bath and body, face care, fragrance, hair care, nail care, and cosmetics products. The company also provides kitchen and food products, such as bake ware, cookbooks, cookware, kitchen electrics and tools, knives, tabletop, beverages, seafood, sweets and desserts, wine, and meat a...

Detailed Description

Studio Park

1200 Wilson Drive

West Chester, PA 19380

United States

Founded in 1986

17,000 Employees

Phone:

610-701-1000

Fax:

610-701-1051

www.qvc.com

Key Executives for QVC, Inc.

Chief Executive Officer and President
Age: 50
Chief Financial Officer
Chief Operating Officer
Chief Executive Officer of U.S. Operations
Chief Executive Officer of QVC Italy and Chief Executive Officer of Europe
Compensation as of Fiscal Year 2012.

QVC, Inc. Key Developments

QVC international Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2013

QVC international announced unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company announced revenue of $677 million compared to $692 million for the same period a year ago. Adjusted OIBDA was $113 million compared to $120 million for the same period a year ago. Operating income was $80 million compared to $87 million for the same period a year ago. The first quarter results included the negative impact of the strengthening of the US Dollar against the Japanese Yen, and to a lesser extent, the UK Pound Sterling, which were somewhat offset by the weakening of the US Dollar against the Euro.

QVC, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

QVC, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company announced revenue of $1,974 million compared to $1,932 million for the same period a year ago. Adjusted OIBDA was $404 million compared to $390 million for the same period a year ago. Operating income was $260 million compared to $258 million for the same period a year ago.

Dr. Hauschka Skin Care Adds Cosmetics to its Collection on QVC.com

Dr. Hauschka Skin Care announced the expansion of the brand's offerings on QVC.com to include a selection from its Decorative Cosmetics line. The brand's top-selling cosmetics--the Translucent Make-up (QVC Item #A328368), Volume Mascara (QVC Item #A328370) and Concealer (QVC Item #A328366)--now join the curated collection from Dr. Hauschka's bath, body and face care lines that has been available through the ecommerce retailer since 2011. Dr. Hauschka Decorative Cosmetics are formulated with high-quality botanical ingredients, including rose, jojoba and avocado oils and neem leaf, black tea and witch hazel extracts, making for a line of make-up that not only enhances a woman's natural beauty but also soothes and nourishes skin.

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