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QVC Group Emerges from Bankruptcy | Birmingham News
QVC Group has emerged from Chapter 11 bankruptcy with over $5 billion in debt erased, marking a major financial reset for the parent company of QVC and HSN. Former CEO David Rawlinson is out, replaced by Mike George — who previously led the company from 2005 to 2021 — now serving as interim CEO and chair. The move comes after a brutal stretch marked by falling cable viewership, global tariffs, a warehouse fire, and fierce competition, forcing closures, job cuts, and a desperate need for restructuring. A new $600 million loan facility provides critical breathing room as the board hunts for a…
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