Qurate Retail Inc Investor Day (Virtual) Transcript

Nov 19, 2021 / 02:00PM GMT
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(presentation)

David L. Rawlinson - Qurate Retail, Inc. - President & CEO

Hello, and welcome to the Investor Day for Qurate Retail. I want to start by thanking everyone for your interest. When Qurate Retail was launched in 2018, following the joining of QVC and HSN, Mike George, my predecessor, described it as a third way to shop, a way to shop that was different from traditional and impersonal big-box retail and the steady march of a sterile and relentlessly optimized version of transactional e-commerce.

Today, Qurate is a collection of brands dedicated to being not only a third way but a more human way to shop. What we have assembled is a unique set of brands and assets that are distinctive and powerful, even if sometimes underappreciated. Please allow me to reintroduce Qurate Retail, distinctive brands assembled around three pillars.

First, our video commerce business. At over $11 billion in global revenue and 16 million

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