💥New Chapter 11 Bankruptcy Filing - QVC Group Inc.💥
Famous retailer reels from dependence upon linear TV, seeks to cut debt to pursue new distribution options.
The demise of the QVC and HSN brands has been greatly exaggerated!
At least that’s according to Kirkland & Ellis LLP’s Joshua Sussberg, serving as lead counsel to Pennsylvania-based QVC Group Inc. (a/k/a Qurate Retail Inc.) and 73 subsidiaries including QVC Inc. and Cornerstone Brands Inc. (“Cornerstone,” collectively with QVC Inc. and the other subsidia…