/ E-Retailers

HSN names a new CEO for Cornerstone

HSN has named Mark Ethier as CEO of its faltering Cornerstone business unit, which includes seven direct marketing brands such as Ballard Designs and TravelSmith. E-commerce sales in Q2 for Cornerstone fell 15.3% to $100.4 million.

Posted 10/05/2009Katie DeatschPost a comment

Related Searches:Travelsmith | Smith Noble

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Web sales grow 4% in Q1 at HSN.com, but fall 3% for parent company HSN Inc.

Overall sales fell 7% for HSN Inc., with the biggest drop in its Cornerstone segment of web sites and catalogs selling high-end home furnishings. The web accounted for 36.8% of the company’s sales in the first quarter, compared with 35.4% a year ago.

Posted 05/08/2009Katie DeatschPost a comment

Related Searches:Repeat Customer Rate

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Cornerstone Brands helps IAC/Interactive’s Q3 web sales jump 130%

Third quarter web sales at IAC/Interactive Corp. leaped 130% to $149.5 million from $65 million from the prior year due in large part to the acquisition of Cornerstone Brands. Overall the web accounts for 23% of all sales compared to 15% in Q3 2004.

Posted 11/09/2005Mark BrohanPost a comment