# QVC Group said it intends to file for Chapter 11 bankruptcy protection at the Bankruptcy Court for the Southern District of Texas after reaching a restructuring agreement with creditors.

*business · news · 2026-04-17 · Daily Express*

## Key points

- QVC Group plans to file for Chapter 11 bankruptcy protection after a restructuring agreement with creditors.
- The bankruptcy filing will not directly affect QVC's international subsidiaries, including those in the UK, Germany, Italy, and Japan.
- QVC's U.S. sales in 2024 are down nearly 30% from their 2020 peak.
- QVC International remained profitable last year, generating £1.8 billion in revenue and £161 million in operating income.
- QVC's core customer demographic is aging and shrinking, impacting repeat purchase rates and overall sales.

**Companies:** QVC Group
**Countries:** United States, United Kingdom, Germany, Italy, Japan

[Read the full story on Daily Express](https://www.express.co.uk/finance/personalfinance/2195415/tv-shopping-channel-bankruptcy-filing)

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