QVC Group Files Chapter 11, Slashes Debt $5.3 Billion

initiated voluntary Chapter 11 bankruptcy protection proceedings in the U.S. after agreeing with a majority of its lenders, aiming to significantly reduce its debt from approximately $6.6 billion to $1.3 billion, as reported by RTTNews. The media conglomerate expects to emerge as Reorganized QVC, Inc.

within roughly 90 days. Operations for QVC, HSN, and Cornerstone Brands will continue without disruption, and no layoffs or changes to employee pay, customer service, or vendor payments are planned.

International operations are explicitly excluded from the Chapter 11 process. QVC Group reported over $1 billion in domestic cash and cash equivalents as of December 31, 2025, ensuring sufficient liquidity throughout the restructuring period.