QVC Group Faces FTC False Advertising Accusations and Discrimination Lawsuit
1 report, 1 independent
Updated Sep 20
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What happened
The Federal Trade Commission accused QVC of false advertising. Separately, Gwen Owens filed a discrimination lawsuit against the company. QVC Group, which owns QVC and HSN, had previously declared bankruptcy in April and exited Chapter 11 reorganization in August.
From aol.com
Why it matters
Analysts note that doubts remain regarding QVC Group's long-term viability, given its recent bankruptcy filing. The new legal and regulatory challenges add to the company's existing financial instability.
From aol.com
Who's involved
- Federal Trade CommissionAccused QVC of false advertising in a regulatory action
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The entities involved
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Federal Trade Commission
United States federal government agency