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
CollectionsMay 04, 2026
Melanie Georgacopoulos Turns Pearls Into Light for ‘Eclipse’ CollectionThe “Eclipse” jewelry collection captures the fleeting moment where light and shadow align though onyx, diamonds, and freshwater pearls.
ColumnistsMay 04, 2026
The Key Mindset for Better Trade Show BuyingBuying discipline at trade shows starts with clarity about your inventory levels, Smith writes.
CrimeMay 04, 2026
Pawn Shop Manager Shot, Killed in FloridaLazaro Rodriguez Vega was murdered inside Cash Out Gold and Silver in Fort Pierce. A 20-year-old man has been charged in the case.
Brought to you by
Discover Timeless Treasures: A Showcase of Antique Jewelry & Timepieces in Las VegasGain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.
IndependentsMay 04, 2026
Zadok Jewelers, Austin Parks Foundation Support Wildflower PreservationA portion of every engagement ring sold in its Austin showroom will support the care and preservation of Austin’s wildflowers and green spaces.
Weekly QuizApr 30, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
TechnologyMay 01, 2026
Gemist, Saban Onyx Partner on Retailer-Focused Customization OfferingTheir partnership combines Gemist’s customization technology with Saban Onyx’s U.S.-based manufacturing capabilities.
SurveysMay 01, 2026
Consumer Confidence Inches Up in April Despite Rising Gas PricesRespondents were concerned about the Middle East conflict and how it will impact their finances.
Brought to you by
Las Vegas Antique Jewelry & Watch Show: Showcasing the Most Collectible Merchandise from Across the GlobeGain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.
CollectionsMay 01, 2026
A ‘Hidden Garden’ Emerges in Tiffany & Co.’s 2026 Blue BookOur Piece of the Week, the “Butterfly” necklace, showcases a 7.02-carat oval diamond set between diamond, platinum, and 18-karat gold wings.
ColumnistsApr 30, 2026
Peter Smith: A Sleazy Salesman and the Case for Regret Avoidance Smith uses a comment he overheard in the grocery store to remind retailers that their job is to inspire buying behavior, not just sell.
MajorsApr 30, 2026
Claire’s New Summer Campaign Is a Sensory Wonderland for Gen Alpha“A Girl SMR at Claire’s” celebrates girlhood through the five senses with stacked jewelry, slime toys, scented accessories, and ASMR.
AuctionsApr 30, 2026
Vintage Cartier Watch Crashes Through Records, Selling for $2MBelieved to be one of three made in 1987, the Cartier London Crash was hot at the “Shapes of Cartier” sale at Sotheby’s Hong Kong.
CrimeApr 30, 2026
Masked Group Uses Hammers, Pepper Spray in Texas Jewelry Store RobberyOfficials are looking for a group that robbed Marc Robinson Jewelers at an outlet mall in Round Rock, Texas, in broad daylight on April 21.
Supplier BulletinApr 30, 2026
OROAREZZO 2026: The B2B Event for Italian Excellence in Goldsmith, Jewelry and Silver ManufacturingSponsored by OROAREZZO International Jewelry Exhibition
TechnologyApr 29, 2026
The Thought Process Behind the Mother's Day Email Opt-OutSome retailers are taking a nuanced approach to marketing what can be a difficult holiday for many.
IndependentsApr 29, 2026
Dick Abbott to Retire From The EdgeThe Edge has announced its new CEO, as well as a new partnership with an investment firm focused on founder-led software businesses.
SourcingApr 29, 2026
De Beers’ Production Rises, Market Remains ‘Challenged’De Beers’ diamond production was up 17 percent in Q1, boosted by increased output at its mines in South Africa and Canada.
AuctionsApr 29, 2026
This'll Be the Day You Own John Wayne's RingA signet ring belonging to the Western film star of Hollywood’s Golden Age will be up for auction at Elmwood’s next month.
Policies & IssuesApr 28, 2026
Tariff Refunds: How to File, What to Expect Importers can submit claims now to receive money back for the IEEPA tariffs they’ve paid, with refunds expected to take up to 90 days.
IndependentsApr 28, 2026
This North Carolina Jeweler Is Passing the TorchThe owners of Gregory Jewelers in Morganton, North Carolina, are heading into retirement.
SourcingApr 28, 2026
Doug Hucker Retires From ICAThe colored gemstone industry leader is heading into retirement after four years as the association’s CEO.
SourcingApr 28, 2026
NDC Hires Tapestry Exec to Head Global Marketing Susie Dewey joins the Natural Diamond Council as its new chief marketing officer.
AuctionsApr 27, 2026
12 Years Later, the ‘Ocean Dream’ Diamond Resurfaces at Christie’sThe largest known fancy vivid blue-green diamond could fetch more than $12 million at its second auction appearance.
ColumnistsApr 27, 2026
Stop Treating Mother’s Day Like an AfterthoughtEmmanuel Raheb says jewelers need to start marketing early and make it easy for customers to pick a gift for mom.
IndependentsApr 27, 2026
Longnecker Jewelry Celebrates 30 YearsIn honor of the milestone, the Nebraska jeweler has debuted Leslie & Co., its new in-house jewelry brand.
MajorsApr 27, 2026
JBT Re-Elects Jeff Corey as Board ChairThe trade organization, which held its annual elections earlier this year, also added five new board members.
SurveysApr 24, 2026
Mother’s Day 2026 Jewelry Spending to Top $7B, NRF SaysNRF’s annual survey found that 45 percent of consumers plan to purchase jewelry for a loved one this Mother’s Day.
