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Bare Escentuals
QVC is a West Chester, Pennsylvania, USA, multinational corporation, specialising in televised home shopping. Founded in 1986 by Joseph Segel, QVC broadcasts in four major countries to 141 million consumers. more...
Home
Bath & Body
Dietary Supplements,...
Hair Care
Hair Removal
Health Care
Makeup
Beauty Tools
Blush
Avon
Bare Escentuals
Benefit
Clinique
Estée Lauder
Bronze
Other Shades
Pink
Lancôme
MAC
Mary Kay
Bronze
Orange, Coral
Other Shades
Peach
Pink
Plum, Wine
Nars
Other Brands
Signature Club A
Smashbox
Bronzer
Brow Pencils
Cases, Bags, Totes
Concealer
Eye Shadow
Eyeliner
Face Powder
False Eyelashes
Foundation
Lip Balm
Lip Gloss
Lip Pencils
Lipstick
Mascara
Mixed Brands
Other Makeup
Primer
Sets & Kits
Travel, Trial Sizes
Massage
Medical, Special Needs
Nail
Natural Therapies
Oral Care
Skin Care
Vision Care
The name is an initialism—standing for \"Quality, Value, Convenience\"—ostensibly, the three pillars of Segel's vision for the company.
Corporate history
QVC was founded on July 13, 1986. The first live broadcast took place at 7:30 ET on November 24 of that year. Hosts Kathy Levine and Bob Bowersox featured a shower radio for $11.49. Initially running live for 16 hours a day, the channel extended its broadcast hours to 24 at the beginning of 1987. The corporation set a new record for first full-year fiscal sales for a new public company of $112 million.
In a move that many considered idiotic, QVC acquired its top competitor, the Cable Value Network (CVN), in 1989, despite the fact that CVN was about twice QVC's size. By February of 1990, many cable systems nationwide had replaced CVN with QVC. The $380 million deal contributed to a loss of $17 million during the next fiscal quarter, and then to difficulties in the couple of years that followed. However, with a major piece of its competition out of the picture, the network eventually progressed to renewed and stronger profitability.
In 1993, QVC, Inc. formed a deal with British Sky Broadcasting (BSkyB) to create a UK version of the channel. QVC—The Shopping Channel first broadcast in the UK on October 1.
On February 2, 1995, Comcast purchased a majority shareholding in QVC, Inc., taking control of the corporation. QVC kicked off the \"Quest for America's Best—50 in 50 tour\" a 50-week nationwide product search.
QVC's shopping network went online on September 9, 1996, when the company's interactive division, iQVC, launched QVC.com, allowing customers to purchase their items online via the Microsoft Network. QVC Germany launched in December of that year.
QVC launched a spinoff shopping channel, Q2, carried in major cities such as: New York City, Philadelphia, Detroit, Boston, Baltimore, and Dallas-Fort Worth.
QVC was named \"Official National Retailer for the 53rd Presidential Inaugural\" in 1997, and US operations at Studio Park commenced on September 24.
On August 8, 2001, QVC @ the Mall, a flagship store at the Mall of America in Minnesota, opened.
July 3, 2003 saw Comcast sell its majority share to Liberty Media, setting the value of the company at $14 billion.
Read more at Wikipedia.org
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