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Thursday, 1 October 2026
Business

QVC Group, owner of QVC and HSN, files for bankruptcy protection

QVC Group, the parent company behind both the QVC and HSN home shopping channels, filed for bankruptcy protection in April 2026, joining a string of well-known retail and media names to fall under similar pressure that year. The televised shopping format the company built its business on had been losing ground for years to social-media-driven livestream shopping and direct-to-consumer e-commerce.

The filing came during a stretch that also saw several other consumer-facing brands, from restaurant franchise groups to specialty retailers, file for bankruptcy protection within the same few months, part of a wider pattern of retail distress tied to high debt loads taken on in an earlier, lower-interest-rate era colliding with tighter refinancing conditions and shifting consumer shopping habits.