FinancialsApr 24, 2025
Charles & Colvard Delisted From Nasdaq Due to NoncomplianceFinancialsMay 20, 2025
QVC Group to Voluntarily Delist from Nasdaq
The company's Series A shares will continue to trade following a reverse stock split while its Series B shares will be delisted.
QVC Group has announced it will voluntarily delist some of its shares from Nasdaq by May 27.
Editor's Note: This story has been updated post-publication to clarify that QVC Group will delist its Series B shares and not all of its shares from the Nasdaq.
Englewood, Colo.—QVC Group, the parent company of HSN and QVC, has announced it will voluntarily delist some of its shares from the Nasdaq stock exchange.
QVC Group has QVCGA shares (Series A) and QVCGB shares (Series B) listed on the Nasdaq.
The reverse stock split will allow its Series A shares to regain compliance, while its Series B shares will be voluntarily delisted.
The decision follows a 1-for-50 reverse stock split of the company’s QVCGA shares, which was approved by its board of directors at its annual meeting on May 12.
In a reverse stock split, the number of shares a person owns is reduced while the price of each share is increased in a comparable way.
In a 1:10 reverse stock split, for example, someone who owned 1,000 shares trading at $5 would then own 100 shares at $50 each after the split.
The reverse stock split will take effect on May 22 after the markets close.
QVC Group’s board opted for a reverse stock split to help the company to regain compliance with the minimum bid price requirement of $1 per share for its continued listing on The Nasdaq Capital Market exchange.
QVC will voluntarily delist its Series B shares by May 27.
The company has applied for its Series B stock to be listed on the OTCQB Venture Market instead.
The transition is subject to customary conditions and regulatory approval, QVC Group said, adding that it does not guarantee its stock will be listed on the OTC.
The retailer first announced it was at risk of being delisted in June 2024, as it continued to battle declining sales.
Most recently, it reported a 10 percent year-over-year decline in revenue, which CEO David Rawlins attributed in part to the drop in live TV viewership, declining consumer confidence, and its customers being “distracted” by current events.
Related stories will be right here …
Englewood, Colo.—QVC Group, the parent company of HSN and QVC, has announced it will voluntarily delist some of its shares from the Nasdaq stock exchange.
QVC Group has QVCGA shares (Series A) and QVCGB shares (Series B) listed on the Nasdaq.
The reverse stock split will allow its Series A shares to regain compliance, while its Series B shares will be voluntarily delisted.
The decision follows a 1-for-50 reverse stock split of the company’s QVCGA shares, which was approved by its board of directors at its annual meeting on May 12.
In a reverse stock split, the number of shares a person owns is reduced while the price of each share is increased in a comparable way.
In a 1:10 reverse stock split, for example, someone who owned 1,000 shares trading at $5 would then own 100 shares at $50 each after the split.
The reverse stock split will take effect on May 22 after the markets close.
QVC Group’s board opted for a reverse stock split to help the company to regain compliance with the minimum bid price requirement of $1 per share for its continued listing on The Nasdaq Capital Market exchange.
QVC will voluntarily delist its Series B shares by May 27.
The company has applied for its Series B stock to be listed on the OTCQB Venture Market instead.
The transition is subject to customary conditions and regulatory approval, QVC Group said, adding that it does not guarantee its stock will be listed on the OTC.
The retailer first announced it was at risk of being delisted in June 2024, as it continued to battle declining sales.
Most recently, it reported a 10 percent year-over-year decline in revenue, which CEO David Rawlins attributed in part to the drop in live TV viewership, declining consumer confidence, and its customers being “distracted” by current events.
The company has made a few notable changes lately in an effort to turn around the business, including changing its name from Qurate Retail Inc. to QVC Group.
The new name better highlights QVC, its largest brand, and supports the brand’s growth strategy as it aims to expand into a live social shopping company, it said.
In February, QVC Group announced it would close HSN’s campus in St. Petersburg, Florida, as part of its restructuring plan.
In March, the retailer named Alex Wellen its new president and chief growth officer, and the following month, announced it would be laying off 900 U.S. employees, or about 5 percent of its global workforce.
Editors' Picks
Sponsored by
More on Financials
The Latest
TrendsFeb 11, 2026
Halle Berry’s Retro Engagement Ring Is a Sapphire-Set StunnerSourced by For Future Reference Vintage, the yellow gold ring has a round center stone surrounded by step-cut sapphires.
MajorsFeb 11, 2026
Francesca’s Files for Chapter 11 Bankruptcy AgainThe clothing and accessories chain announced last month it would be closing all of its stores.
CollectionsFeb 11, 2026
Zales Turns Sweethearts Into Jewelry for Valentine’s Day CollectionThe “Zales x Sweethearts” collection features three mystery heart charms engraved with classic sayings seen on the Valentine’s Day candies.
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench JewelersLaunched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.
TechnologyFeb 11, 2026
Gemvision Symposium 2026 Slated for AprilThe event will include panel discussions, hands-on demonstrations of new digital manufacturing tools, and a jewelry design contest.
Weekly QuizFeb 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Events & AwardsFeb 11, 2026
TJS Announces Roundtable, Launches New AppRegistration is now open for The Jewelry Symposium, set to take place in Detroit from May 16-19.
SourcingFeb 10, 2026
At Meeting in South Africa, Support for Natural Diamonds Picks Up Steam Namibia has formally signed the Luanda Accord, while two key industry organizations pledged to join the Natural Diamond Council.
Brought to you by
How Jewelers Can Fight Back Against Cell JammersCriminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.
TrendsFeb 10, 2026
Bad Bunny Wears Football-Shaped ‘Desert Diamond’ for Halftime PerformanceLady Gaga, Cardi B, and Karol G also went with diamond jewelry for Bad Bunny’s Super Bowl halftime show honoring Puerto Rico.
SurveysFeb 10, 2026
Shoppers to Spend Big on Jewelry This Valentine’s Day, Says NRFJewelry is expected to be the No. 1 gift this year in terms of dollars spent.
SourcingFeb 10, 2026
AGTA To Debut ‘Stuller Color of the Year’ Spectrum Awards CategoryThe new category asks entrants for “exceptional” interpretations of the supplier’s 2026 color of the year, which is “Signature Red.”
Policies & IssuesFeb 09, 2026
U.S., India Trade Deal One Step Closer to Being FinalizedThe White House issued an official statement on the deal, which will eliminate tariffs on loose natural diamonds and gemstones from India.
Events & AwardsFeb 09, 2026
JA Now Accepting Entries for 2026 CASE AwardsEntries for the jewelry design competition will be accepted through March 20.
IndependentsFeb 09, 2026
James Free Jewelers Unveils Revamped FlagshipThe Ohio jeweler’s new layout features a curated collection of brand boutiques to promote storytelling and host in-store events.
TrendsFeb 09, 2026
These 14 Jewels Will Melt Your Heart This Valentine’s DayFrom heart motifs to pink pearls, Valentine’s Day is filled with jewelry imbued with love.
CrimeFeb 06, 2026
Florida Man Sentenced After Selling Fake Native American Jewelry for a Decade Prosecutors say the man attended arts and craft fairs claiming he was a third-generation jeweler who was a member of the Pueblo tribe.
TrendsFeb 06, 2026
Margot Robbie, Jacob Elordi Wear Matching Cece Jewellery Signet RingsOur Piece of the Week picks are these bespoke rings the “Wuthering Heights” stars have been spotted wearing during the film’s press tour.
MajorsFeb 05, 2026
Pandora to Begin Selling Platinum-Plated JewelryThe introduction of platinum plating will reduce its reliance on silver amid volatile price swings, said Pandora.
SourcingFeb 05, 2026
De Beers Lowers Production Guidance for 2026, Anglo Mulls Another WritedownIt would be the third impairment charge in three years on De Beers Group, which continues to grapple with a “challenging” diamond market.
IndependentsFeb 05, 2026
Borsheims to Undergo Massive Renovation in the Spring The Omaha jewelry store’s multi-million-dollar renovation is scheduled to begin in mid-May and take about six months.
CollectionsFeb 05, 2026
Marco Bicego’s Amethyst Collection Travels to a Purple ParadiseThe “Paradise Amethyst” collection focuses on amethyst, pink tourmaline, garnet, and 18-karat yellow gold beads.
FinancialsFeb 05, 2026
Watches of Switzerland Reports Strong Holiday Results in Q3The retailer credited its Roberto Coin campaign, in part, for boosting its North America sales.
ColumnistsFeb 04, 2026
January Jewelry Sales: More Dollars Spent, Fewer Units Sold Sherry Smith unpacks independent retailers’ January performance and gives tips for navigating the slow-growth year ahead.
MajorsFeb 04, 2026
What Designers Should Know About Saks Global’s BankruptcyFrom how to get an invoice paid to getting merchandise returned, JVC’s Sara Yood answers some complex questions.
TrendsFeb 04, 2026
Amanda’s Style File: February Birthstone BlissAmethyst, the birthstone for February, is a gemstone to watch this year with its rich purple hue and affordable price point.
MajorsFeb 04, 2026
Marco Bicego Names New Global Marketing DirectorThe Italian jewelry company appointed Matteo Cuelli to the newly created role.
MajorsFeb 04, 2026
Frederick Goldman Updates Leadership TeamThe manufacturer said the changes are designed to improve speed, reliability, innovation, and service.
