/ 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

/ E-Retailers

Web sales tumble for HSN Inc. in the second quarter

A weak e-commerce performance from Cornerstone Brands caused total Q2 web sales for HSN to decline 7.7%. E-commerce revenue for Cornerstone decreased 15.3%.

Posted 08/12/2009Mark BrohanPost a comment

/ E-Retailers

TravelSmith CEO takes a return trip to Neiman Marcus as top marketing exec

Wanda Gierhart previously spent six years at Neiman Marcus Direct before taking on senior executive positions at Design Within Reach and TravelSmith. She will be responsible for marketing for Neiman Marcus’ stores and direct-to-consumer channels.

Posted 07/13/2009Katie DeatschPost a comment

/ E-Retailers

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

/ E-Retailers

Web sales at HSN rise 4% in ‘08 to over $1 billion, as total sales fall 3%

Web sales rose 4% last year to $1.01 billion at HSN Inc., as the Internet’s share of total sales climbed to 35.9% from 33.3%, the online, TV and catalog retailer says.

Posted 03/04/2009Mark BrohanPost a comment

/ E-Retailers

Roxane Al-Fayez becomes president & CEO of IAC’s Cornerstone Brands

Roxane Al-Fayez, most recently executive vice president of Victoria`s Secret Direct, and a former e-commerce and catalog executive of J. Crew, has been named president of IAC/InterActiveCorp’s Cornerstone Brands.

Posted 03/14/2007Kurt PetersPost a comment

/ E-Retailers

Acquisition pumps up sales for IAC/InterActiveCorp.

IAC/InterActiveCorp. is seeing its acquisition of Cornerstone Brands pay off with growing e-commerce revenues and cross-selling opportunity.

Posted 02/15/2006Bill BriggsPost a comment

IAC/InterActive to acquire ShoeBuy.com

The acquisition gives IAC/InterActive the chance to leverage and grow an online retail company that carries more than 300,000 products from over 250 manufacturers, says ShoeBuy CEO Scott Savitz.

Posted 01/31/2006Kurt PetersPost a comment