Company Directory - QVC Group
Company Details - QVC Group
QVC Group
QVC Group is a leading interactive media and e-commerce company that facilitates live shopping experiences through its TV networks, including QVC and HSN. The company is innovating by expanding its services into social media shopping, particularly through platforms like TikTok, making its products more accessible to a broader audience. With a unique blend of entertainment and retail, QVC Group offers a wide array of products, ranging from fashion to home goods, often presented by engaging hosts in real-time.
CCI Score
CCI Score: QVC Group
25.09
-0.02%
Latest Event
QVC Group Rebrands with TikTok Partnership Amid Restructuring
QVC Group, formerly known as Qurate Retail Group, has rebranded itself as a live social shopping company by entering a strategic partnership with TikTok Shop to offer 24/7 livestream shopping. However, the company also announced a significant restructuring that resulted in the elimination of 900 jobs across HSN, QVC U.S., and its Global Shared Services division as part of its 'WIN' growth strategy.
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DISSENTER
QVC Group is currently rated as a Dissenter.
Latest Events
- APR032025
QVC Group, formerly known as Qurate Retail Group, has rebranded itself as a live social shopping company by entering a strategic partnership with TikTok Shop to offer 24/7 livestream shopping. However, the company also announced a significant restructuring that resulted in the elimination of 900 jobs across HSN, QVC U.S., and its Global Shared Services division as part of its 'WIN' growth strategy.
-40
Labor Relations and Human Rights Practices
April 3
The company's decision to eliminate 900 jobs as part of its restructuring significantly undermines workers' rights and economic stability. While the rebranding and TikTok partnership aim to modernize its live shopping model, the mass layoffs reflect a disregard for labor relations and human rights practices from an anti-fascist, worker-protection perspective.
QVC Reframes Itself as a ‘Live Social Shopping Company,’ Plans 24/7 Livestreams on TikTok
- APR022025
QVC Group is shifting its focus to live social shopping by partnering with TikTok, aiming to revive its declining TV-based business. In conjunction with this pivot, the company announced plans to lay off approximately 900 employees and consolidate operations at its West Chester, Pennsylvania headquarters, raising concerns about the impact on worker rights amid its broader turnaround strategy.
- MAR282025
QVC Group announced it is laying off approximately 900 employees, consolidating operations, and shifting its focus to live social shopping platforms as traditional cable TV viewership declines. This move affects multiple offices including the Florida office of HSN and consolidates operations at its West Chester, Pennsylvania headquarters.
-70
Labor Relations and Human Rights Practices
April 3
The mass layoff of approximately 900 employees significantly undermines labor relations and workers' rights. From an anti-fascist perspective, such a move prioritizes corporate restructuring and cost-cutting over the well-being of the workforce, contributing to economic instability and adverse social impacts on marginalized communities.
- SEP262024
On September 26, 2024, QVC Group published its Global Impact report detailing initiatives on sustainability, diversity, equity, inclusion, and community impact. The report highlights significant charitable contributions, the launch of an Accessible & Adaptive product category, expanded team member resource groups, and progress in supplier diversity. These efforts underscore the company's commitment to responsible business practices and inclusive growth.
+70
Public and Political Behavior
April 3
The report serves as a strong public statement of QVC Group's commitment to progressive values by embedding sustainability, inclusion, and social responsibility into its brand narrative. This public commitment helps counter authoritarian narratives by promoting transparency and equitable policies.
+80
Business Practices and Ethical Responsibility
April 3
QVC Group's comprehensive DE&I report and its proactive measures – such as the launch of an Accessible & Adaptive category and expansion of internal resource groups – demonstrate strong ethical business practices that prioritize marginalized teams and promote an inclusive corporate culture.
+60
Economic and Structural Influence
April 3
The report details significant charitable contributions, including multi-million dollar donations to community-focused initiatives and support for women’s empowerment and entrepreneurship. These financial commitments reinforce QVC Group’s role as an economic actor investing in community welfare and countering inequitable power structures.
- JUL122024
QVC Group detailed its 2023 global contributions, reporting over $33.8 million raised for more than 1,423 charities worldwide, significant increases in employee volunteer hours, matched team member donations, and extensive in-kind support. These efforts underscore the company's commitment to environmental stewardship, community empowerment, and sustainable business practices.
+50
Public and Political Behavior
April 3
The report demonstrates proactive public engagement through community support, charitable giving, and sustainability initiatives, all of which signal the company's alignment with progressive and anti-authoritarian values.
+80
Business Practices and Ethical Responsibility
April 3
The Global Contribution Summary highlights robust ethical business practices, including substantial investments in cause marketing, employee giving programs, and community impact initiatives. These actions reflect a commitment to corporate responsibility that bolsters marginalized communities and counters authoritarian norms.
- JUL122024
QVC Group's 2023 Global Contribution Summary Report highlights over $33.8 million raised through charitable contributions, extensive volunteer hours, and cause marketing initiatives, underscoring its commitment to social responsibility and supporting community development.
+90
Business Practices and Ethical Responsibility
April 3
The report demonstrates QVC Group’s strong commitment to ethical business practices by channeling significant resources into community impact, environmental protection, and social inclusion initiatives. Such efforts not only reinforce progressive values but also contribute to building resilient, diverse communities that oppose authoritarian economic structures.
- DEC222022
On December 22, 2022, QVC Germany published a detailed policy statement outlining its human rights strategy. The document describes robust risk management practices, regular employee training on human rights, and stringent supplier due diligence measures to ensure compliance with international human rights and environmental standards.
+80
Labor Relations and Human Rights Practices
April 3
The policy demonstrates a strong commitment to labor relations and human rights practices by instituting regular training, a dedicated human rights officer, and clear internal procedures to enforce human rights standards, thereby protecting workers and marginalized groups.
PDF Policy Statement Human Rights Strategy - unternehmen.qvc.de
+70
Supply Chain Ethics
April 3
The document sets clear expectations for suppliers regarding compliance with human rights and environmental standards. It establishes a framework for risk analysis, audits, and contractual obligations to ensure that supply chain practices align with ethical and human rights norms, mitigating risks associated with exploitation.
PDF Policy Statement Human Rights Strategy - unternehmen.qvc.de
- APR012021
QVC Group reaffirms its commitment to corporate responsibility by ensuring that all merchandise is sourced from suppliers who comply with its Global Business Partner Code of Conduct. This code enforces human rights, fair labor standards, employee safety, and environmental stewardship, aligning with international sustainable development goals.
+80
Supply Chain Ethics
April 3
By mandating that all suppliers adhere to a strict code of conduct that upholds human rights, fair labor practices, and environmental standards, QVC Group is taking a clear stand in favor of ethical supply chain management. This measure promotes safer and fairer working conditions and supports broader anti-authoritarian and progressive values.
- APR012021
QVC Group has reiterated its commitment to ensuring that all merchandise is sourced from suppliers who adhere to its Global Business Partner Code of Conduct, which emphasizes human rights, fair labor standards, employee safety, and environmental stewardship.
+80
Supply Chain Ethics
April 3
The announcement outlines strict supplier requirements based on the company's Global Business Partner Code of Conduct. This approach supports fair labor practices and human rights and thus is seen as a positive anti-authoritarian action within supply chain ethics.
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