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QVC on the Brink: Should UK Shoppers Be Concerned?
Summary by RXTV Info
2 Articles
2 Articles
The US company QVC is one of the leading players in teleshopping. After the Mediashop bankruptcy, this is now the second company that had to file for insolvency. But the reasons surprise. What happened?
·Vienna, Austria
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QVC on the brink: should UK shoppers be concerned?
QVC has filed for bankruptcy as the long-established global teleshopping company struggles for survival. Could UK viewers be affected? Changes in shopping habits and the need to invest in new digital alternatives have resulted in QVC amassing over $6 billion in debt. Bankruptcy proceedings which commenced at the end of last week aim to reduce the debts down to “just” $1.3 billion. In the meantime, all of its international channels continue as no…
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Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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