Stay in Touch
Get sneak previews of special offers & upcoming events delivered to your inbox.
Sign in
02-27-2021 08:25 AM
@Goldengate8361 wrote:@banned again Thanks for posting. They had a good year and they obviously have a very competent management team. Congratulations, Q, on having great financial results for 2020! Whether you are a shareholder or not, we all should be pleased with their positive results. It ensures they will be around a little longer.
But look at their results before the pandemic and the categories that were struggling CONTINUE to struggle now even with captive pandemic shoppers doing more TV viewing and shopping online....
02-27-2021 08:29 AM - edited 02-27-2021 08:35 AM
@Spurt wrote:
And what the folks on the Forums are saying holds true (listen to us QVC)....apparel CONTINUES to SLUMP!!!
Slumped all the way to 9% of sales October-December. Seemed like a lot more apparel hours in that period. More like 29%.
@Spurt wrote:
And they need a whole new direction for jewelry---the faux diamonds, box chains, and same ole, same ole, byzantine and circles isnt hacking it.....
Oh guess what's coming next week? Box chains, byzantine hoops, magnetic byzantine bracelet, circles, two-tone bismark bracelet, paperclip chains and some recycled designs from the 1990s disguised as DMQ X Jane Treacy. Some new Artisan Crafted.
02-27-2021 08:43 AM
@banned again wrote:
@Spurt wrote:
And what the folks on the Forums are saying holds true (listen to us QVC)....apparel CONTINUES to SLUMP!!!Slumped all the way to 9% of sales October-December. Seemed like a lot more apparel hours in that period. More like 29%.
@Spurt wrote:
And they need a whole new direction for jewelry---the faux diamonds, box chains, and same ole, same ole, byzantine and circles isnt hacking it.....
Oh guess what's coming next week? Box chains, byzantine hoops, magnetic byzantine bracelet, circles, two-tone bismark bracelet, paperclip chains and some recycled designs from the 1990s disguised as DMQ X Jane Treacy. Some new Artisan Crafted.
QVC really needs new jewelry buyers.....
02-27-2021 09:02 AM
MOST e-commerce stocks performed well in the 4th quarter
02-27-2021 09:25 AM - edited 02-27-2021 09:57 AM
I say "good news" with reservations.
With all that digital and TV presence already established, they were positioned well to be the beneficiaries of Covid-19 as was Walmart, Amazon, Target, and other online retailers offering products home bounders suddenly became interested in.
QVC can be enticing to new buyers who aren't used to seeing the same repetitive products. The executive team is somewhat bragging about seeing newcomers becoming repeat buyers....but Covid-19 isn't over yet. It's a dog eat dog retailing market out there, so QVC shouldn't brag so much, but reports like this always intentionally present companies in the best light...for the stockholders.
The picture presented by the executive team doesn't reflect the downward buying trend I see on this forum; however, most are clothing sales that are down across all retailing, but with QVC, it appears to me or at least for me, it's more about quality and style than lack of interest in buying clothing.
No doubt, as is shown here, 1st quarter 2020 was pretty dismal. Let's see how QVC is positioned next year.
02-27-2021 10:08 AM
@Foxxee wrote:I say "good news" with reservations.
With all that digital and TV presence already established, they were positioned well to be the beneficiaries of Covid-19 as was Walmart, Amazon, Target, and other online retailers offering products home bounders suddenly became interested in.
QVC can be enticing to new buyers who aren't used to seeing the same repetitive products. The executive team is somewhat bragging about seeing newcomers becoming repeat buyers....but Covid-19 isn't over yet. It's a dog eat dog retailing market out there, so QVC shouldn't brag so much, but reports like this always intentionally present companies in the best light...for the stockholders.
The picture presented by the executive team doesn't reflect the downward buying trend I see on this forum; however, most are clothing sales that are down across all retailing, but with QVC, it appears to me or at least for me, it's more about quality and style than lack of interest in buying clothing.
No doubt, as is shown here, 1st quarter 2020 was pretty dismal. Let's see how QVC is positioned next year.
Well said...👏
02-27-2021 04:38 PM
I wondered if these people expected clothing sales to be even normal. I guess they thought we'd be thrilled to be all dressed up with no place to go. People haven't even been going to work, let alone socializing so who needs new clothes?
I did like Mike George's explanation for shipping delays but why didn't he give that months ago when everyone was hysterical about canceled orders and long delays? Not a word then; I'd say he's a day late and a dollar short. Poor communications, I'd give him a "F".
02-27-2021 05:09 PM
@Kachina624 wrote:
I did like Mike George's explanation for shipping delays but why didn't he give that months ago when everyone was hysterical about canceled orders and long delays? Not a word then; I'd say he's a day late and a dollar short. Poor communications, I'd give him a "F".
And this isn't even for the customers, it's for the stock holders. Stock holders get their questions answered and the customers who generated $14.2 billion in 2020 get canned responses from emails.
Get sneak previews of special offers & upcoming events delivered to your inbox.
*You're signing up to receive QVC promotional email.
Find recent orders, do a return or exchange, create a Wish List & more.
Privacy StatementGeneral Terms of Use
QVC is not responsible for the availability, content, security, policies, or practices of the above referenced third-party linked sites nor liable for statements, claims, opinions, or representations contained therein. QVC's Privacy Statement does not apply to these third-party web sites.
© 1995-2024 QVC, Inc. All rights reserved. | QVC, Q and the Q logo are registered service marks of ER Marks, Inc. 888-345-5788