Tag Archives: Mindy Grossman

HSNi Net Q2 Net Falls 5.2 Percent

HSNi

ST. PETERSBURG, Fla.-Lower margins and a tick-up in expenses put a damper on HSNi’s second-quarter net income, which declined 5.4 percent to $40.9 million. Both of the company’s segments, HSN and Cornerstone, reported decreases in gross margin in the quarter, which ended on June 30. These came about due to shipping promotions at HSN andMore »

HSN Tabs Marketing Chief Brand as President

Bill Brand

ST. PETERSBURG, Fla.-Bill Brand, chief marketing officer of HSNi, has added the title of president of HSN, a position that had been vacant for eight years. Brand, who is retaining his role as HSNi’s chief marketing officer, has added responsibility over merchandising, programming, planning and HSN2. He continues to report to Mindy Grossman, HSNi’s CEO.More »

HSNi Q1 Net Drops 23.3 Percent

HSNi

ST. PETERSBURG, Fla.-The malaise throughout the retail sector struck HSNi, whose first-quarter net income fell 23.3 percent to $24.2 million. Net sales in the quarter, which ended on March 31, rose a bare 0.6 percent to $777.4 million. The results included a 1 percent decline in HSN’s sales and a pickup of 5 percent inMore »

HSN Appoints Rubel to Board

Matt Rubel

ST. PETERSBURG, Fla.–HSN has appointed Matthew Rubel to its board of directors. Rubel currently serves as senior advisor with private investment firm TPG Capital. Until 2011 Rubel was chairman, president and CEO of Collective Brands, a retailer and marketer of lifestyle, fashion and performance brands. He also served as chairman, president and CEO of ColeMore »

HSN Net Jumps 40.8 Percent in Q2; Home Products Post Growth

HSN

ST. PETERSBURG, Fla.-An increase in sales and a favorable expense picture pushed HSN Inc.’s net income steeply northward in its second quarter by 40.8 percent, to $43.3 million. Net sales in the quarter, which ended on June 30, rose 5.9 percent to $812.6 million. Sales of home products helped fuel both the HSN and CornerstoneMore »