Variety ·entertainment ·2 hours ago

QVC Group files for Chapter 11 bankruptcy to restructure over $6 billion

QVC Group, parent company of QVC and HSN, filed for Chapter 11 bankruptcy protection on April 16 to restructure over $6 billion in debt. The West Chester, Pa.-based company plans to emerge with $1.3 billion in debt within 90 days, while assuring customers that operations will continue as usual and no layoffs are planned.

Summary by Glance · Variety

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