QVC Reaches Its $3 Million Pledge Goal for American Red Cross Hurricane Katrina Relief Efforts

QVC Reaches Its $3 Million Pledge Goal for American Red Cross Hurricane Katrina Relief Efforts

WEST CHESTER, Pa., Sept. 19 /PRNewswire/ -- Working together with its vendors, customers and employees, QVC has raised more than $3 million for the American Red Cross's Hurricane Katrina relief efforts, fulfilling the pledge the company made on September 1. Through the generous support of its vendor community, QVC offered customers the opportunity to purchase hundreds of products with a portion of the sales going to support the relief efforts. All vendor contributions were matched by QVC.

In addition to the $3 million contribution, QVC raised more than $247,000 for the American Red Cross through an employee matching donation initiative.

"QVC is extremely pleased to have met our goal so quickly, and to get the money in the hands of the Red Cross so the funds can be used immediately," said Doug Briggs, QVC's president and CEO. "We are so grateful to our vendors, customers and employees for their support in helping to make a difference in rebuilding the lives of those affected by this tragedy."

QVC, Inc., a $6 billion company, is an e-commerce leader, marketing a wide variety of brand name products in such categories as home furnishings, licensed products, fashion, beauty, electronics and fine jewelry. QVC reaches over 87 million homes in the United States. Other divisions/subsidiaries include QVC.com, Q Direct, Q Records and Video, QVC @, QVC Local, QVC ProductWorks. The QVC Studio Tour is located at the company's world headquarters in West Chester, Pa. QVC is a subsidiary of Liberty Media Corporation.

Source: QVC, Inc.

CONTACT: Bonnie Clark, QVC, Inc., +1-484-701-1647, bonnie_clark@QVC.com

Web site: http://www.qvc.com/

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