Archive for the ‘food’ Category

We Hate To Break It To You, Fellow Jewelry Lovers, But It Looks Like Another Year Of Boring Laptops, B. Makowksy Bags and Wii On QVC

February 25, 2010

Mike, enough with the Clarisonic, cause we don't care if it's one of Lisa's favorite things

QVC had a great fourth quarter, which is good for the home shopping network but bad for jewelry geeks like us.

The U.S. channel, a unit of John Malone’s Liberty Media, Thursday reported a 13 percent jump in revenue to $1.7 billion in the fourth quarter.

“We posted our strongest quarterly results in over 10 years, and moved our full-year results into positive territory,” QVC CEO and president Mike George told analysts during a conference call Thursday.

And George got a pat on the back from his boss, Liberty CEO Greg Maffei.

“At Liberty Interactive, QVC had a very impressive fourth quarter, which capped a greatly improved 2009 overall,” Maffei said.

Why is all this bad news for bling lovers? George said that QVC saw the revenue gains because it posted strong sales on consumer electronics, kitchen and floor care, beauty, accessories and fashion jewelry. Apparel, while soft, improved significantly over the trend for prior quarters, according to George.

“Jewelry, especially gold, did remain difficult, however,” he said, at one point noting, “We continue to pull back our time on jewelry.”

That means more Wii and Clarisonic shows, not sterling and gold (fashion jewelry doesn’t count). Break out the No-Doz.

George spent quite a bit of time crowing about Isaac Mizrahi joining the QVC family, but offered no numbers on how well the designer’s extensive line of products have sold.

“Compelling exclusive content is powering our business,” he said, calling the debut of the Mizrahi line as “one of the biggest brand launches in our history.”

QVC also premiered Godiva chocolate, NARS cosmetics, Stephen Dweck diamonds and fashions by celebrity styliest Rachel Zoe in the fourth quarter, said George, who boasted that the channel in its history had never had the level of publicity and buzz it got in the final quarter.

Veteran brands on QVC — B. Makowsky, Rachael Ray, Philosophy, Bobbi Brown and Dennis Basso in fashion — performed well in the quarter, according to George.

Some 720,000 new customers joined QVC in the fourth quarter (which we presume means they made purchases), a 22 percent increase in the number of new customers a year ago. Revenue from new customers was up 53 percent from last year.

“At any given point in time we have 10 non-customers watching QVC for every customer watching QVC,” George said. “So when we get it just right, and get the right kind of products that have high appeal to new names, as we did in Q4, you can really get explosive growth without any additional advertising or other support, just by people coming by the channel.”

He also attributed some of QVC’s fourth-quarter success to the more favorable channel position it now has on DirecTV and Dish Network, and the fact that the network’s HDTV channel is now in more than 25 million homes.

In December QVC launched an iPhone application that’s been downloaded by 115,000 customers in a little over two months, George said.

For The Record, QVC, HSN And ShopNBC Aren’t Funding Us: We’re Proud To Say We’re Not Getting A Dime To Write This (Mmmm, Time For A Business Manager)

February 22, 2010

We've commented on HSN CEO Mindy Grossman's cleavage, and you think she's paying us?

We’ve had a number of people, those who’ve had the integrity to ask us right to our face, if we are getting paid to write this blog. We guess the assumption on the part of some, obviously those that don’t know us very well, is that one of the home shopping networks is paying us to write this blog.

Let’s clear the air. Remember that old chestnut to the effect of when you make an assumption you make an ass of yourself. That applies here, folks. Anyone who thinks we’re getting a single dime from QVC, HSN or ShopNBC esta loco, and estupido.

We guess we shouldn’t be bragging about this — since it’s not helping our bank account — but we are not selling ads, offering product placement or in any way, shape or form or getting compensation from anyone to write this blog.

Then why do it, some people ask us, in disbelief. Well, we are looking for a full-time job, and we consider this our living resume and writing sample. It you’re an employer and you don’t like our style, or think the billion-dollar home shopping industry is frivolous, or don’t like snarky commentary, we guess that we are not the right fit for you.

But if you are looking for a reporter/writer who can cover a beat (home shopping); come up with stories and post items on a daily basis; and uniquely combine writing about pop culture, celebrities, news, finance and the inside-gossip of QVC and HSN, then we’re on.

But home shopping, people ask? We’ve said this several times, but we’ll repeat it for newbies to this blog: We love jewelry and gemology, have since we were a kid, and QVC and HSN are the biggest jewelry retailers in the country. We don’t give a crap if Gawker or The Wall Street Journal make fun of the networks.

Yes, we own lucious jewelry from luxury brands such as Tiffany & Co. and Roberto Coin, but we’ve gotten gorgeous things at the three electronic retailers, as well.

The fact that high-end names like Robert Lee Morris, Bobbi Brown, Judith Ripka, Gucci, Godiva, Tag Heuer, Ann King, Barbara Bixby, Stephen Dweck, Badgley Mischka, Dennis Basso and Naeem Khan are selling on QVC, HSN and ShopNBC now makes the case for the networks far more eloquently than we can.

We’ve dinged all three home shopping channels, as well, numerous times. We’ve written about HSN CEO Mindy Grossman’s cleavage, how QVC hired an alleged embezzler who now stands charged with robbing it, and taken ShopNBC to task letting veteran host Charla Rines go. We’ve made fun of QVC and HSN’s PR departments.

Immature? Perhaps. Have some our blogs been silly? Yes. Are we having fun writing them? You betcha.

We like to think we’re doing for home shopping what Joe Flint at the LA Times does for media in “Company Town.”

And so these home shopping channels that we’ve poked fun at — while also covering them as a business reporter would follow any beat — are the same guys you suspect are paying us to write Homeshoppingista? Wrong.

Now You Can Get Your Godiva Chocolate, And Chocolate-Scented Candles, At QVC

November 28, 2009

Premium sweets are coming to QVC: Godiva Chocolates arrive next Friday.

The No. 1 home shopping channel will have a half-hour show, from 2 p.m. to 2:30 p.m., where it will debut the tasty chocolates. Godiva is usually sold in company-owned stores in malls or in department stories such as Lord & Taylor and Bloomingsale’s.

Here is what QVC’s Web site has to say:

“Since 1926, Godiva Chocolate, originally named in honor of Lady Godiva, continues to be the leader in premium chocolates. Master Chocolatier Joseph Draps introduced Godiva chocolate to Belgium when he opened his first shop in Brussels, unveiling his unique formula of rich chocolate with unparalleled smoothness. Today, the same mouthwatering assortment comes to QVC, offering you and your loved ones gourmet chocolate of the highest quality, made from the purest ingredients. Treat your family, friends and holiday guests to delectable chocolates, beautifully presented in exquisite European-style gold ballotins and festive, seasonal packaging.”

The priciests Godiva item that QVC has, a $53 Chocolatier Indulgence Gift Tower, is already on Wait List.

QVC is also selling two Godiva Chocolate-scented candles for $30.

If you’re in the boondocks and not near any Godiva Chocolate stores, we guess getting the goodies from QVC makes sense.

But we’re not going to pay shipping and handling for something we can buy at the Short Hills Mall, if we could afford it.