QVC and Dwelling Procuring Network are poised to quickly hawk their wares under the same company roof. This seemed nearly as good a time as any to try another purchasing-slash-service innovation: Armarium, a luxurious-on-demand platform that is the brainchild of former Salvatore Ferragamo publicist Trisha Gregory and designer Alexandra Lind Rose.
The subsequent technology will have to higher compete with the new retail reality: online procuring options like diminished the novelty of HSN and QVC. In what appeared to many to be an inevitable merger, The Dwelling Purchasing Community (HSN), based in St. Petersburg, Florida, has offered itself to its foremost competitor, Liberty Interactive, which owns QVC.
Diller, also this firm’s chairman, positioned Silver King Communications to buy HSN in 1995 and initiated a inventory swap in 1996. The deal is an all-stock transaction, the place Liberty Interactive is technically shopping for the sixty two p.c of HSN that it …