Evine To Post Third-Quarter Results Nov. 21

November 1, 2017

Evine will report its third-quarter earnings Nov. 21 before the market opens, the home shopping network said Wednesday.

CEO Bob Rosenblatt, Chief Operating Officer and CFO Tim Peterman and Michael Porter, vice president of finance and investor relations, will host a conference call later that morning at 8:30 a.m. to review the results.

Those interested in participating in the conference call should dial 1-877-407-9039 or 1-201-689-8470 (international) at least five minutes prior to the call.

There will be a simultaneous audio webcast available at the following link:

https://event.on24.com/wcc/r/1472316/2D4FA277E38225472215B7CA47A90492

A replay of the conference call will also be hosted on the company’s website for a limited time.

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QVC Bans Shoppers Who Criticize Hosts

November 1, 2017

QVC is apparently cracking down on people who make negative comments about its hosts on Facebook. Seriously? Grow a thicker skin!

And what is the punishment? You can’t shop at the network for 30 days. Brilliant. Your sales have been down for several quarters, so you’re going to stop customers from shopping for a month?

One of our readers tipped us off to this crap, sending us a screenshot from FB where QVC laid down the law to a poster who was critical of Shawn Killinger, who we consider one of the No. 1 home shopping network’s most annoying talents.

“sk (Shawn Killinger)should wear that hat all the time. Such a improvement over her hair!’ was the offending post on QVC’s FB page.

Wow, such a horrendous comment! Oh brother.

Here’s what QVC customer service rep Genevieve had to say in response:

Thank you for reaching out Barbara. We encourage our customers to interact on Facebook and review products, but we do not permit commentary on QVC’s staff or hosts.

Abusive posts will be removed from our timeline and subsequent violations will result in your QVC customer accounting being suspended for 30 days, meaning you’ll be unable to make purchases for 30 days.

If you need any further assistance, please let us know.

That comment has apparently been removed, but some quick thinkers got screen shots of it.

Martha Stewart Serves Up $100 Turkey On QVC

October 31, 2017

QVC originally stood for Quality, Value and Convenience. As for “quality,” not so much these days.

We loved, and agreed with the reaction, to a recent TSV that QVC offered from domestic diva (and Nutley, N.J., native) Martha Stewart. What a bargain, just $99.95 for a 4.25-pound turkey, herb butter and two two-pound size dishes.

Are you kidding us? What are those buyers smoking over at QVC? And as some customers posted on Facebook, is Martha smoking weed with her co-host, Snoop Dog?

Here is the description of this pricey, golden bird:

Have you ever dreamed of having your Thanksgiving meal prepared by Martha Stewart? This ready-to-cook holiday feast makes your culinary dreams a reality. From the juicy, succulent turkey breast with rich herb butter for topping, to the heaping helpings of delectable side dishes, it has everything you need to make next family dinner as easy—and as unforgettably delicious—as possible. From Martha Stewart.

• Includes 4.25-lb turkey breast, 2.4-oz herb compound butter, and two 2-lb side dishes

• Mashed Potatoes: made with peeled russet potatoes, whole milk, cream cheese, real butter, and heavy cream

• Mac & Cheese: made with sharp white cheddar, gruyere, fontina, and Parmigiano cheese, butter, milk, and cayenne pepper; blended with elbow macaroni noodles; topped with melted butter, panko bread crumbs, gruyere, sharp white cheddar, and Parmigiano cheeses

• Creamy Spinach Casserole: made with chopped spinach, butter, whole milk, and sour cream; topped with panko bread crumbs, butter, and gruyere cheese

• Cherry Stuffing: made with chunks of crusty white bread crumbs, blended with butter, chicken broth, chopped onions and celery, herbs, and dried cherries.

QVC also had a recent TSV — a 1-carat five-stone diamond band 14K ring by Affinity — that ranged in price from $1,000 to $1,400.

But QVC isn’t the only home shopping net that’s been approaching the stratosphere in terms of prices. Either QVC or HSN (we didn’t see, someone mentioned it on Facebook) was hawking a $200 cake.

Over at Evine, MacKenzie-Childs is offering a large rolling moose for $500. We love the moose, and the other handcrafted wares that MacKenzie-Childs has, but the prices are out of this world. How about $122 for four kitchen utensils?

Guess we have to stick to Home Goods.

No Call For HSN Third-Quarter Results

October 20, 2017

HSN will release its third-quarter earnings Nov. 8, the network said this week.

“Due to the pending acquisition of HSNi by Liberty Interactive Corp.QVC Group, HSNi will not hold a conference call to review these results,” the press release said.

Public companies typically hold conference calls with Wall Street analysts when they announce their quarterly earnings. This is the first time we recall a company not doing one.

Proxy Battle Looming At Evine

October 20, 2017

A not very pleasant scenario is being played out at Evine, with the son of the founder of QVC looking to sweep in and take over the Minnesota-based No. 3 home shopping network.

The Minneapolis Star Tribune reported that Marvin Segel and Jim Morrison, co-founders of a New York company called StarShop, have approached Evine’s management about taking control of the business.

http://m.startribune.com/former-evine-live-executive-and-partners-trying-to-take-over-the-home-shopping-business/451478463/

The pair of raiders claim that Evine and old home-shopping methods are outdated.

“To jazz it up, Segel and Morrison, who is StarShop’s CEO, want to tap into social media influencers such as YouTubers with millions of followers in order to grow Evine’s audience and reach new consumers,” the Star Tribune said. “They also want to add a Spanish-language TV shopping channel as well as related Spanish content online and offer an enhanced experience on mobile.”

Hello, all the home shopping networks are big users of social media and have been creative in their use of mobile, which is helping to drive their skyrocketing digital sales.

The story says that Segel, the one who is the son of QVC’s founder, and Morrison tried to work with Evine by becoming minority shareholders and getting a seat on its board. Now, then want to “buy the operating assets of Evine for a 30 to 40 percent premium of its total enterprise value of between $140 to $175 million,” according to the Star Tribune.

“Segel and Morrison said it would leave Evine intact as a corporation so shareholders can reap the tax benefits of more than $100 million in net operating losses while pursuing other businesses,” the story says.

Evine has had many corporate battles before. In 2012, when it was still ShopHQ, dissident shareholders took control and named Mark Bozek as CEO. He was the genius who renamed the network Evine, and he got canned last year. Bob Rosenblatt took over.

Evine got a boost last year when investors, including music exec Tommy Mottola and designer Tommy Hilfiger, poured in $10 million for company stock.

Segel was at Evine as a consultant in 2008, and then worked at the company as an executive of vendor relations and business development before exiting.

Official HSN Word On Anne Geddes Jewelry

October 16, 2017

We wrote about this already, but here’s the press release.

HSN Partners With World-Renowned Photographer Anne Geddes for Exclusive Launch of New Jewelry Line

Anne Geddes to Create a Line Inspired by her Iconic Images that Embodies the Innocence, Transformation and Creation of New Life and the Individual Spark within Every Child

ST. PETERSBURG, Fla., Oct. 16, 2017 (GLOBE NEWSWIRE) — Innovative entertainment and lifestyle retailer HSN is thrilled to announce the exclusive launch of Anne Geddes Protect Nurture Love with Anne Geddes making her official premiere on HSN on October 17th.

A champion of women around the world, Anne has partnered with HSN to create a jewelry collection inspired by her iconic photography and artistic designs, reflecting her deeply held belief that all children must be protected, nurtured and loved. Perfect for any woman celebrating the spirit and purity of new life and the intimacy of the mother/child bond.

“Throughout my career, I have strived to capture the beauty, purity and vulnerability of children,” said Geddes. “I have always wanted to translate my inspiration and message into wearable art, and I knew that this partnership with HSN was the perfect opportunity to do so. We’ve created a stunning collection that is both beautiful and meaningful, and I’m excited to share these pieces with those who share this appreciation of motherhood,” she added.

Every piece in the jewelry collection includes a freshwater cultured pearl with a bezel-set diamond. Pearls are the only gemstones in the world with a natural gestation period, representing innocence, transformation and the creation of new life. The bezel-set diamond in the pearl represents the individual spark within each new life. The 18-piece collection will range in price from $89.95 for a beautiful, sterling silver Genesis pendant with two pearls to $399.95 for a limited-edition, sterling silver and 14k gold floral pendant, which includes an autographed copy of Anne’s latest coffee table book entitled “Small World”.

“HSN is honored to be partnering with such an iconic artist to inspire a unique and meaningful jewelry line,” said HSN’s Chief Merchandising Officer, Carmen Bauza. “Anne is an amazing artist and advocate for children, and we are thrilled to be offering her beautiful and thoughtful designs to women everywhere.”

HSN and Anne have partnered with SHR Jewelry Group — a creative full service jewelry company with expertise in brand building, product development and licensing — to bring this unparalleled jewelry collection to life.

Anne will appear on HSN on October 17th and her collection will be available across all of HSN’s platforms, including HSN.com and the HSN mobile app.

QVC Selling Luxury Jewelry Brand Alor

October 14, 2017

Jewelry brand Alor, which you can find in stores like Nordstrom, has arrived at QVC, to our surprise.

It incorporates stainless steel cables and sometimes diamonds. We have one piece that we picked up in TJ Maxx years ago.

Love it.

http://www.qvc.com/jewelry/alor/_/N-mfluZ1z12p0l/c.html?cm_ite=MAIN_AJY:ALORJewelryCollection&cm_ven=POSTCARD&cm_cat=WhatsNew_Week4217EM_20171012_ALLPLAY_CAMP5155&cm_pla=WN_10PlusMBS_QVCActive_2105820203&p1=1D6F8B15-61A9-4941-AFE1-99B63DB5D5B7&p2=CFFC4858-7FCF-4219-934A-3AF190B2C88D&cvosrc=email.cheetahmail.2105820203

HSN Honchos Out After QVC Acquisition

October 14, 2017

When news broke earlier this year that QVC’s parent company was buying HSN, we knew a lot of executives would be exiting once the reorganization began to merge the two home shopping networks. Well, that other shoe dropped this week.

Liberty Interactive Corp. announced a slew of appointments and promotions.

Not on the list: The honchos at HSN, who will be gone. This includes HSN President Bill Brand, who who have met and interviewed over many years. We will be sad to see him go. But is is typical for the old management team to leave following an acquisition — just like layoffs are common as departments get merged.

http://www.stockhouse.com/news/press-releases/2017/10/12/qvc-group-announces-plans-for-new-leadership-team-and-structure-to-drive-global

HSN has been without a CEO since Mindy Grossman left to head up Oprah Winfrey’s Weight Watchers. And QVC, the domestic channel, has been without a chief forever. Both networks have seen their sales drop during the past few quarters, facing a difficult retail market in America.

Now both those home shopping networks will have heads, Mike George said in Liberty’s press release.

Steve Hofmann was named president of QVC US. He is currently president of QVC International, a unit that has performed very well for Liberty Interactive.

“QVC US brings the QVC shopping experience — combining the best of retail, media and social—to customers in the US,” the press release said. “It is our largest business unit with over $6B in revenue in 2016.”

Mike Fitzharris was named HSN’s president, He is currently CEO, representative director and chairman of QVC Japan.

In addition, Doug Howe was named chief merchandising officer.

And the press release had a goodbye to Brand and his cohorts at HSN.

“I’d like to acknowledge and thank Bill Brand, Rod Little, and Judy Schmeling, who comprise the Office of the Chief Executive at HSNi, who will be stepping down post the transaction closing,” George said.

“They have steered the company well through the changes of the last several months and have been a trusted sounding board to me and our other leaders as we plan for the future. Each has made extraordinary contributions to HSNi, building the company into one of the premier lifestyle retailers. I’m grateful for all their support and look forward to working with them in the coming months to ensure a smooth transition.”

To our surprise, Liberty filed a statement with the Securities and Exchange Commission that included a transcript of George’s comments following the big announcement. We’re not sure if he was talking to Wall Street analysts or employees.

http://www.hsni.com/secfiling.cfm?filingid=950103-17-9965&CIK=1434729

Here’s what George had to say about his execs and their activity in advance of the completion of QVC’s purchase of HSN:

SO THEY’VE BEEN HAVING LOTS OF FUN AND SOME STRESS AND CHALLENGE, KIND OF WORKING THROUGH THAT EFFORT. THINKING ABOUT WHERE THERE ARE OPPORTUNITIES FOR SYNERGIES, FOR COST SAVINGS, BUT ALSO FOR REVENUE OPPORTUNITIES, GROWTH OPPORTUNITIES. SO THOSE TEAMS HAVE BEEN DEPLOYED. THEY’RE HARD AT WORK. A NUMBER OF YOU HAVE BEEN INVOLVED IN THAT EFFORT.

AND THEN AT THE SAME TIME WE’VE BEEN THINKING ABOUT ORGANIZATION DESIGN. HOW DO WE BRING THESE COMPANIES TOGETHER WITH AN ORGANIZATIONAL STRUCTURE THAT WILL MAKE SENSE, THAT WILL LET EACH OF THE BRANDS UNDER THIS NEW COMPANY ACHIEVE ITS FULL POTENTIAL.

Here is George’s shout-out to Brand, et al. What do you think of it?

NOW BEFORE I GET INTO THOUGH, ONE OF THE THINGS I DID WITH THE HSNI TEAM WAS I TALKED A LITTLE BIT ABOUT THE EXECUTIVE LEADERS AT HSN, WHO HAVE BEEN SUCH GREAT PARTNERS TO ME IN TAKING THIS FORWARD. SOME OF THEM WHOM WILL CONTINUE ON IN THE COMBINED COMPANY, AND WE’RE THRILLED ABOUT THAT, SOME OF WHOM ARE MOVING ON.

AND THAT’S THE REALITY OF THIS KIND OF ACQUISITION IS YOU GET SOME GREAT NEW PEOPLE AND YOU LOSE SOME GREAT PEOPLE. AND BILL JUST WARNED ME, HE SAID DON’T GO TALKING ABOUT EVERY PERSON ON THE EXECUTIVE TEAM, JUST KIND OF GET THE NEWS. SO I WON’T EMBARRASS EVERYONE ON THE EXECUTIVE TEAM, LIKE I DID IN THE POWER MEETING. BUT FULL DISCLOSURE, BUT I DO WANT TO JUST TAKE A MOMENT TO APPRECIATE BILL AND ROD AND JUDY.

[APPLAUSE]

THEY HAVE BEEN TREMENDOUS PARTNERS TO ME AND THE WHOLE TEAM AND THEY HAVE BEEN SO FOCUSED ON WHAT’S RIGHT FOR HSN, WHAT’S RIGHT FOR THE NEW COMPANY, WHAT’S RIGHT FOR OUR PEOPLE, AND THEY SHOW UP EVERY DAY TRYING TO MAKE A DIFFERENCE. AND YOU KNOW IT DOESN’T ALWAYS GO THAT WAY, BUT YOU SORT OF TAKE THAT FOR GRANTED HERE AT HSN BECAUSE THAT CULTURE’S DEEP EMBEDDED IN THE COMPANY.

AND SO IT’S BEEN MY GREAT PRIVILEGE AND HONOR TO GET TO KNOW THE THREE OF THEM AND ALL THE MEMBERS OF THE EXECUTIVE TEAM AND AGAIN THRILLED THAT SOME WILL BE STAYING WITH US, BUT OF COURSE ROD, JUDY, BILL, A FEW OTHERS WILL BE MOVING ON AS WE MOVE TO CLOSE. AND ARE JUST GRATEFUL FOR ALL YOU’VE DONE TO SUPPORT THIS EFFORT SO THANK YOU.

[APPLAUSE]

And don’t let the door hit you in the ass on your way out.

However, we are pretty sure that Brand and the gang have nice contracts that give them generous golden parachutes if HSN is purchased.

Baby photog Anne Geddes bows jewelry on HSN

October 10, 2017

We were blogging tonight, with HSN on our TV in the background, when a promo caught our attention.

Renowned photographer Anne Geddes, who is known for her adorable photos of bare infants nestled in flowers and depicted in other scenes in nature, is bringing a jewelry line to HSN.

https://www.hsn.com/shop/anne-geddes/18033?rid=5207&query=Anne%20Geddes&isSuggested=false

Her photos are very distinctive, and much imitated.

http://www.annegeddes.com/homepage

Geddes’ jewelry line is called “Protect Nurture Love” and debuts next Tuesday, Oct. 17, as HSN’ Today’s Special.

This is from Geddes’ website:

One of the world’s most respected photographers, Anne creates images that are iconic, award winning and beloved. Like no photographer before her, her imagery singularly captures the beauty, purity and vulnerability of children embodying her deeply held belief that each and every child must be “protected, nurtured and loved”.

Anne’s work has been published in over 84 countries and translated to 24 languages, with over 19 million books and 13 million calendars sold. A multilple New York Times bestselling author, Anne’s photography has been treasured and enjoyed by many generations.

We’ll be tuning in to see what Geddes is serving up.

Ex-Miss Puerto Rico Universe Comes To Evine

October 10, 2017

Is Evine looking to grab Hispanic-Latino consumers? And being half Puerto Rican, we like the fact that the channel’s working with her to help the devastated island,

The No. 3 home shopping network is bringing Puerto Rican actress, model and former Miss Puerto Rico Universe Cynthia Olavarria to sell her fashion line today, Tuesday Oct. 10. It’s called “Total Look by Cynthia.”

http://www.evine.com/search/?q=premiere%3A+total+look+by+cynthia+fashion&icid=InternalSearch_AutoSearch_premiere%3A+total+look+by+cynthia+fashion

“We are thrilled Cynthia has decided to bring her newest venture to Evine,” the network’s chief merchandising officer, Michael Henry, said in a canned statement. “She is a true powerhouse in the Latina community and has an amazing eye for style and design.”

Described as “daringly stylish,” the collection includes skirts, pants, on-trend ruffled tops, bodysuits and faux-fur jackets and vests “featuring sultry sequins, lace, mesh, cutouts and more,” according to Evine’s press release.

“As former Miss Puerto Rico Universe, and throughout my career as an actress and model I have always prescribed to the idea that you can be sexy, but still be sophisticated,” Olavarria said in her canned statement. “Feeling confident in how you look and what you wear is important at any age and it’s easier than one might think. Color, texture and luxe details make my new line fearlessly feminine, yet distinctly chic.”

Olavarria, former Miss Puerto Rico Universe 2005, has a career as and actress. She has been featured on magazine covers and international publications in addition to appearances on several telenovelas.

She is apparently best-known (not to us) for her role as Isadora Valverde on the telenovela “Tierra de Reyes,” for which she received the TU MUNDO awards for best actress.

“Puerto Rico is always in my heart,” Olavarria said. “And right now, my heart is aching for those suffering in the wake of the destruction and that is why I’m joining Evine and Direct Relief to help raise funds to support those most in need,” said Cynthia.

Evine and lavarria have joined forces with Direct Relief (www.directrelief.org) to help raise funds for supplies and medical aid in Puerto Rico in the wake of Hurricane Maria.

To make a donation, visit Evine’s donation page at http://www.evine.com/DirectRelief. 100% of donations will be used exclusively for the Puerto Rico relief effort.