QVC Group has announced its filing for Chapter 11 bankruptcy and a restructuring support agreement.
The company, which owns television channels QVC and HSN, announced its filing on April 16, 2026. QVC said its bankruptcy filing factored into how it would implement its restructuring agreement, which outlines a plan to “substantially reduce the company’s debt and strengthen its financial position.”
In the announcement, QVC also said it seeks “to drive long-term growth and profitability as a leader in live social shopping across social platforms, streaming apps, ecommerce sites, stores and TV channels.”
QVC Group said it has not planned layoffs or furloughs in connection with the financial restructuring process. It said all its employees “should fully expect to continue receiving their wages and benefits without interruption.”
About a year before the filing, QVC had announced it would begin 24/7 livestreaming on TikTok. It had said that experience would specifically feature original QVC and HSN content created just for TikTok. In late 2024, QVC Group rebranded from its previous name, Qurate Retail Group. It sought to capitalize on the brand awareness of its television network and website.
QVC Group is 19th in the Top 2000 Database. The database tracks and ranks North America’s largest online retailers by their annual ecommerce sales.
About the QVC Group bankruptcy filing
QVC Group and “certain of its U.S. subsidiaries, including QVC, Inc.,” have filed for Chapter 11 bankruptcy in the Southern District of Texas. It said QVC Group’s international operations are not included in the process.
“All QVC Group brands are operating as usual,” according to the announcement. “The company continues to serve its millions of customers across all channels and platforms for QVC, HSN and Cornerstone Brands.”
QVC Group said it “has ample liquidity” to support the business. Additionally, it said it has enough liquidity to meet the terms that its restructuring agreement sets out regarding “vendors, suppliers and all other general unsecured creditors of the filing entities to be paid in full for all goods and services.”
David Rawlinson, CEO of QVC Group, said in the announcement that the company is “uniquely positioned to compete and win in love social shipping.” It has also seen early momentum in its turnaround efforts, which it calls its “WIN Growth Strategy,” according to Rawlinson.
“Over the past year, we have become a top seller on TikTok Shop U.S. while expanding our business on streaming and other platforms,” Rawlinson said in the announcement. “We have consolidated our HSN and QVC operations, struck new deals with critical social and media partners, and rebalanced sourcing to account for the changing tariff environment.”
QVC Group’s on-air programming “is continuing as normal and customers can continue to shop the Company’s brands as always on broadcast TV, on streaming and social, through branded websites and apps, in-store, and through catalogs,” according to its announcement.
It said return policies and procedures remain for all brands. Its gift cards and credits remain valid. In addition, it said its retail locations remain open, and its branded credit cards “will continue to function normally.”
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