QVC Group Plans Chapter 11 Bankruptcy Filing Amid Struggles with Digital Retail Shift

QVC Group, owner of the QVC and HSN home shopping networks, plans to file for Chapter 11 bankruptcy protection due to declining sales and challenges adapting to digital platforms like TikTok and Temu. The company aims to restructure and emerge from bankruptcy before summer but faces uncertain access to funding. Sales have dropped significantly, with 2024 revenue nearly 30% below its 2020 peak.

By ANNE D'INNOCENZIO Thu, April 16, 2026 at 8:02 PM GMT+3 2 min read · Yahoo Finance · April 16, 2026, 17:02 UTC

Topics: bankruptcy consumer trends HSN QVC restructuring retail TV shopping

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