WEST CHESTER, Penn. – In a filing with the SEC earlier today, QVC Group Inc. reported that it may be unable to continue.
The filing addressed the company’s failure to file its Form 10-K annual report for the period ended Dec. 31, 2025. The retailer was originally scheduled to report its fourth quarter and fiscal year results on Feb. 26 but abruptly announced a delay.
“Based on currently available information, management anticipates it will disclose, in the Form 10-K, that there remains substantial doubt about the company’s ability to continue as a going concern,” QVC stated in the SEC document.
MSN reported that QVC Group is considering filing for Chapter 11 bankruptcy to untangle its financial troubles, citing a Bloomberg report. Per Bloomberg, the company is in negotiations with creditors.
QVC Group’s businesses include QVC US, HSN, QVC International and Cornerstone – the umbrella division for Ballard Designs, Frontgate, Garnet Hill and Grandin Road. The bulk of the business is direct-to-consumer via television shopping channels and e-commerce. In recent months, the company has been attempting to pivot to a social media shopping enterprise amid TV viewership declines.
For the first nine months of the 2025, total net revenue fell 7.6% to $6.55 billion. QVC Group reported an operating loss of $2.2 billion for the period, compared to operating income of $462 million in the first nine months of 2024.
