Old QVC Group, Inc.
qvcgrp.comWhat Do They Do?
Sells consumer products to shoppers through televised shopping programs, websites, mobile apps and social platforms.
10-K for FY2025, filed Apr 15, 2026
How Do They Make Money?
Shoppers buy merchandise, and QVC counts the sale when the order ships; it also receives a portion of the credit-card program’s economics over time as customers use the card.
10-K for FY2025, filed Apr 15, 2026QVC's revenue includes sales of consumer products in the following categories; home, apparel, beauty, accessories, electronics and jewelry…View ↗
Revenue is recognized when obligations with the Company's customers are satisfied; generally this occurs at the time of shipment to its…View ↗
Other revenue consists primarily of income generated from our PLCC in the U.S. in which a large consumer financial services company…View ↗
The Company generally recognizes revenue related to the PLCC over time as the PLCC is used by QVC's customers.View ↗
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10-K for FY2025, filed Apr 15, 2026
FY2025 revenue by product or service ↗
$8.3B
-
10-K for FY2025, filed Apr 15, 2026
$8.3B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Home
Sold outright
10-K for FY2025, filed Apr 15, 2026 |
40%
FY2022: 39%
|
Home, FY2025
$3.3B Sources
|
Sold outright |
|
Apparel
Sold outright
10-K for FY2025, filed Apr 15, 2026 |
18%
FY2022: 17%
|
Apparel, FY2025
$1.5B Sources
|
Sold outright |
|
Beauty
Sold outright
10-K for FY2025, filed Apr 15, 2026 |
17%
FY2022: 17%
|
Beauty, FY2025
$1.4B Sources
|
Sold outright |
|
Accessories
Sold outright
10-K for FY2025, filed Apr 15, 2026 |
11%
FY2022: 11%
|
Accessories, FY2025
$914M Sources
|
Sold outright |
|
Electronics
Sold outright
|
6.1%
FY2022: 8.8%
|
Electronics, FY2025
$507M Sources
|
Sold outright |
|
Jewelry
Sold outright
|
5.2%
FY2022: 5.0%
|
Jewelry, FY2025
$434M Sources
|
Sold outright |
|
Other revenue
Usage-based
|
1.8%
FY2022: 2.0%
|
Other revenue, FY2025
$149M Sources
|
Usage-based |
Who Are Their Customers?
QVC serves repeat, new and reactivated shoppers; its U.S. websites let buyers compare products, read reviews and manage orders.
10-K for FY2025, filed Apr 15, 2026
Do Revenues Turn Into Profits?
Not on paper. It lost $2.2B in FY2025, but brought in more cash than it spent: $287M of free cash flow.
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 4, 2026
−$31MView ↗
- ▼ −99% (Loss)
- vs −$2.2B in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 4, 2026
Open tableView ↗
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Sep 11, 2026
Company emerged from Chapter 11 after its reorganization plan took effect
The plan became effective on August 6, 2026.
Sources
8-K, filed Sep 14, 2026
As previously disclosed in the Current Report on Form 8-K filed by QVC Group, Inc. (f/k/a QVC, Inc.) (the “Company”), on April 16, 2026…View ↗
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Aug 7, 2026
CEO David Rawlinson stepped down; Mike George became interim CEO and chair
Sources
8-K, filed Aug 7, 2026
WEST CHESTER, Pa., August 6, 2026 -- QVC Group, Inc. (“QVC Group” or the “Company”) today announced that it has successfully completed its…View ↗
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Jul 24, 2026
Court confirmed the reorganization plan
Sources
8-K, filed Jul 24, 2026
On July 20, 2026, the Bankruptcy Court entered an order, Docket No. 722 (the “Confirmation Order”), confirming the Second Amended Joint…View ↗
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Apr 20, 2026
NYSE began delisting proceedings for QVC’s senior secured notes
Sources
8-K, filed Apr 20, 2026
On April 17, 2026, the Company received notice from the staff of NYSE Regulation (“NYSE Regulation”) that NYSE Regulation has determined to…View ↗
Shrinking. Revenue fell 27% in 4 years, from $11.4B in FY2021 to $8.3B in FY2025, about 8% a year.
Who Do They Compete With?
Competes with Amazon, Walmart, ShopHQ, JTV, Jupiter Shop Channel, HSE, TJC, Ideal World, Gems TV, Must Have Ideas TV, and JML Direct
10-K for FY2025, filed Apr 15, 2026We operate in a rapidly evolving and highly competitive retail business environment. We have numerous and varied competitors at the…View ↗
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