Sustainable Brand Benchmark - Qurate Retail

Qurate Retail Inc (Qurate) is a company that owns controlling and non-controlling interests in a wide range of businesses, including video and online commerce businesses. The company sells consumer products such as beauty products, apparel, home items, accessories, electronics, and jewelry. Qurate presents its offerings through televised shopping programs, internet, and mobile transactions, and domestic and international websites. It operates under QVC, Grandin Road, Frontgate, Ballard Designs, HSN, Garnet Hill, and zulily brands names. The company's operations are spread across the US, the UK, Japan, Asia, Germany, Austria, Ireland, Italy, and other countries. Qurate is headquartered in Englewood, Colorado, the US.

The company reported revenues of (US Dollars) US$14,177 million for the fiscal year ended December 2020 (FY2020), an increase of 5.3% over FY2019. In FY2020, the company’s operating margin was 12.4%, compared to an operating margin of 1.4% in FY2019. The net profit of the company was US$1,204 million in FY2020, compared to a net loss of US$296 million in FY2019. The company reported revenues of US$3,144 million for the third quarter ended September 2021, a decrease of 10.3% over the previous quarter.