The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
NEW YORK, United States — Joseph Segel, the founder of home shopping television channel QVC, died on Saturday at the age of 88, the company's parent said on Sunday.
Qurate Retail Group called Segel the "quintessential entrepreneur" in a statement announcing his death.
"Joe Segel was a remarkable leader, entrepreneur, marketer, teacher, and friend," Mike George, the company's chief executive and president, said.
Born in Philadelphia, Segel founded QVC, which stands for Quality Value Convenience, in 1986 as an alternate to the Home Shopping Network (HSN). Qurate acquired HSN in late 2017 for $2.1 billion, seeking to better compete against online giant Amazon and other e-commerce sites.
ADVERTISEMENT
Segel retired as QVC chairman in 1983 and served as an adviser until 2013.
In addition to QVC, Segel launched numerous other businesses, including the Franklin Mint, which produced coins and other collectibles and is currently owned by Sequential Brands Group in New York City.
By Joseph Ax; editor: Sandra Maler.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.