Qurate Retail, Inc. Provides Non-Cash Impairment Guidance for 2019
January 28, 2020 at 08:34 am EST
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Qurate Retail, Inc. expects to record a non-cash impairment of HSN’s tradename preliminarily estimated to be in a range of $120 million to $140 million for 2019.
Qurate Retail, Inc. owns controlling and non-controlling interests in a range of video and online commerce companies. It operates through its subsidiaries, QVC, Inc. (QVC), which includes, HSN, Inc. (HSN) and Cornerstone Brands, Inc. (CBI). The Companyâs segments include QxH, QVC and CBI. QxH segment markets and sells a variety of consumer products in the United States, primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications. QVC International segment markets and sells a variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and via the Internet through its international websites and mobile applications. CBI segment consists of a portfolio of aspirational home and apparel brands in the United States, which sells merchandise through brick-and-mortar retail locations, as well as via the Internet through their websites.
QURATE RETAIL, INC. 
