The channel has bought mom-focused online retailer, which started off very strong in 2010 but whose stock was downgraded in recent months
QVC, the television shopping channel, has bought the mom-focused online retailer Zulily for $2.4bn.
Zulily is a “flash-sale” retailer that sells toys, onesies, lotions and women’s apparel at a steep discount from traditional retail pricing for a brief time, then it’s gone. A Fast Company profile of the company from earlier this year described the appearance of its offices as looking “like the world’s nicest Crate & Barrel swallowed a pediatrician’s office”.
Source: The Guardian Circular Economy RSS