QVC Celebrates 20th Birthday on Black Friday, November 24
QVC Celebrates 20th Birthday on Black Friday, November 24
WEST CHESTER, Pa., Nov. 22 /PRNewswire/ -- On one of the busiest shopping days of the year, QVC, known as the ultimate shopping destination, turns 20. Since taking its first order on November 24, 1986, the company has shipped close to a billion packages to more than 35 million customers.
To celebrate its birthday, QVC will feature unprecedented offers on 20 brand-new products, and every show will have at least one surprise. Several well-known on-air guests are slated to help celebrate, including Michael Dawkins, Kathy Van Zeeland, Judith Ripka, Dennis Basso, Valerie Parr Hill, Laura Geller, Bradley Bayou and Dana Buchman.
Items expected to be hot sellers include Dennis Basso faux mink throw (approximately $49.50); philosophy four-piece holiday house consisting of eggnog shampoo, shower gel and bubble bath, cinnamon buns moisturizing body souffle, powdered sugar cookie high gloss lip shine and lemon custard hand cream (approximately $41.00); Honora cultured freshwater pearl sterling three- piece wardrobe set (approximately $101.00); and Cook's Essentials(R) stainless steel, non-stick, eight-piece cookware set (approximately $83.50).
Historical facts
-- QVC was founded in 1986 by Joseph Segel. That same year, the
company established a new record in American business history for
first-full-fiscal-year sales by a new public company, with revenues
of more than $112 million.
-- By 1993, QVC had become the No. 1 televised shopping service in
sales, profits and reputation in the United States, reaching more
than 80 percent of all U.S. cable homes and 3 million satellite
dishes.
-- On December 2, 2001, QVC achieved its best sales day ever with more
than $80 million in orders taken. A Dell(TM) Intel Pentium IV
personal computer was the most popular item on QVC's most successful
day in its history.
-- QVC now reaches 160 million homes; 90 million in the U.S. and 70
million in Japan, Germany, and the UK.
-- In terms of revenue, QVC is ranked the 2nd largest television
network in the U.S. after CBS.
QVC, a wholly owned subsidiary of Liberty Media Corporation attributed to the Liberty Interactive Group (NASDAQ:LINTA), is one of the largest multimedia retailers in the world, with annual revenue of more than $7 billion. Distributed to more than 160 million homes worldwide, QVC is committed to providing its customers with thousands of the most innovative and contemporary beauty, fashion, jewelry and home products. The company's website, QVC.com, is ranked among the top general merchant Internet sites. With subsidiaries in the United Kingdom, Germany and Japan, West Chester, PA- based QVC has shipped close to a billion packages in its 20-year history.
Source: QVC, Inc.
CONTACT: Kate Kirsch, QVC, Inc., +1-484-701-1048,
Kathleen_Kirsch@qvc.com
Web site: http://www.qvc.com/
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