OK, that’s an exaggeration, but Women’s Wear Daily certainly serves up another gushing, if brief, retrospective of CEO Mindy Grossman’s successful five-year run at the number-two shopping network. Stefani Greenfield, chief creative officer of The Jones Group Inc., who has worked on two collections for HSN, provides the loving quote, calling Ms. Grossman “an extraordinary leader, humbly brilliant, an amazing motivator and a visionary.” Women’s Wear Daily Nov. 12, 2011
Dec 142011
Footwear News Names HSN “Retailer of the Year”
Distribution Channel, DRTV Retailer, Footwear, Product Categories, Uncategorized
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Nov 292011
HSN CEO and Self-Avowed "Shoe Lover" Mindy Grossman
HSN has piled up one successful quarter after another over the past year and shoes have been a growing part of that success. In 2011, the retailer introduced its first 18- and 24-hour shoe sales and also collaborated with Paramount Pictures to present a footwear-focused shopping event inspired by the remake of the movie Footloose. Interestingly, as much as 70 percent of HSN’s footwear offerings are proprietary, according to John Bosco, HSN’s SVP of apparel, accessories and jewelry.
As part of its outreach to the fashion community in recent years under the direction of CEO Mindy Grossman, HSN has partnered on footwear lines with big names, including Steve Madden, Stuart Weitzman, Vince Camuto and Mariah Carey. “We are really maniacal about bringing our consumers products that have great personalities and stories behind them,” Grossman said. Presumably for all of these reasons, Footwear News honored HSN with its “Retailer of the Year Award” in 2011. Footwear News Nov. 28, 2011
Nov 212011
HSN, Inc. announced this morning that CEO Mindy Grossman and CFO Judy Schmeling will participate in the UBS Global Media and Communications Conference in New York City, on Monday, December 5, 2011 at 8:30 am ET. (The format of the session will be a Fireside Chat.) The week before that, on Thursday, December 1st, Schmeling, will also present at the Bank of America Merrill Lynch Leveraged Finance Conference in Orlando, FL, at 10:10 am ET. Interested parties can listen to a live broadcast (or a recording) of both presentations by visiting the investor relations section of the HSN website.
HSN’s Mindy Grossman and Judy Schmeling to Speak at Investor Conference Next Tuesday
Talent
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Aug 112010
HSN Chief Executive Officer Mindy Grossman and Chief Financial Officer Judy Schmeling will participate in a “Fireside Chat” during Lazard Capital Markets’ 15th Semi-Annual MAGIC Conference in Las Vegas, NV, next Tuesday, August 17th at 11:00 a.m. ET. A live and archived audio feed of the presentation will be available in the investor relations section of www.hsni.com. According to a conference agenda, Felise Kissell, HSN’s senior vice president of investor relations and strategy will also participate in the discussion.
Aug 102010
According to a filing with the Securities and Exchange Commission, HSN has extended Mindy Grossman’s contract through July 2013 and increased her annual base pay from $1 million to $1.2 million, retroactive to February of this year. In addition, the company has increased her maximum, potential, annual performance bonus to 125% of base pay (from 100%) and thrown in a re-signing bonus of 200,000 restricted stock units, which will vest over a three-year period. Last but not least, under terms of the extension, an individual, long-term incentive program will be scrapped and Grossman will now participate in the long-term incentive program applicable to the company’s other executive officers, which could net her 250% of annual base salary, or $3 million, awarded in stock-settled stock appreciation rights with three-year annual vesting and 10-year terms. Form 8-K for HSN, Inc. Tampa Bay Business Journal Aug. 9, 2010
HSN Releases Partial List of “Eat Pray Love” Tie-In Suppliers
Distribution Channel, DRTV Retailer, Mobile telephone, Product Categories, Suppliers, Worldwide Web
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Jul 062010
On Tuesday mid-morning, HSN elaborated on the information contained in the Variety story about the Eat Pray Love movie tie-in by releasing a partial list of vendors and brands whose products will be offered for sale during the three-day event. They are: Naeem Khan, Robin by Me & Ro, Rebecca Moses, Padma Lakshmi, Lancome, RK by Ranjana Khan, Hutton Wilkinson, Carlton Varney, Sony Electronics, Nicky Butler, V by Eva, Tagliamonte, Sajen Silver, Dalia, Clever Carriage, Casa di Francesca and Sarita Handa.
The HSN release also features this comment from HSN CEO Mindy Grossman, “Eat Pray Love is an event motion picture for women, and we are very excited to partner with Sony Pictures in an alliance that allows us to support the film while also providing immersive content and product experiences for our core female consumer … Our customers will be able to experience the journey of traveling through Italy, India and Bali as we bring Eat Pray Love to life through stories, engaging personalities and unique products that complement the themes expressed in the movie. We have no doubt our customers will love Eat Pray Love!” HSN Inc. Press Release Jul. 6, 2010
HSN Moves Into Spiffy, New NYC Offices about which the Homeshoppingista Favorably Comments
Distribution Channel, DRTV Retailer
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Jun 182010
HSN moved its New York City offices out of space held by its former corporate overlord IAC and into a penthouse-duplex space at Madison and 55th Street that is currently under renovation. Homeshoppingista attended an off-the-record briefing for the media with other scribes and HSN Executive Vice President of Programming, Marketing and Business Development Bill Brand. Since she was unable to reveal the content of the meeting just yet, Homeshoppingista put on her architecture critic’s hat and reviewed the new space. She raved. It was decked out with paintings by artist Michael Vollbacht, wide open, and colored all in white, which contrasted nicely with CEO Mindy Grossman’s all-black attire. Homeshoppingista Jun. 17, 2010
Mindy Grossman Gives HSN a Makeover
Talent
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May 242010
Since joining the number two shopping network in 2006, CEO Mindy Grossman has upgraded its offerings, courted high-end designers and helped instill a new sense of pride and purpose. “I knew we had to move quickly,” says Grossman, “on the things we needed to stop doing.” That apparently included pitching elastic-waist pants and the much-maligned Suzanne Somers ThighMaster. Grossman hired Andrew Sheldon, a UK tele exec, to bring sophistication to the sets, generally improve production levels and spruce up the green rooms. Then, she wooed and won over high-end designers like Naeem Khan and Badgley Mischka — with an assist from the Great Recession. Her efforts have kept sales growing even during the recession and have turned HSN into a credible competitor to number one QVC. The laudatory piece at the source link below includes a vignette of Serena Williams comparing TV selling to life on the women’s tennis tour. Bloomberg Businessweek May 21, 2010
HSN CEO Says a “More Discerning” Consumer is Emerging from the Recession
Research, Trends, Forecasts
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May 202010
At HSN’s brief annual meeting Wednesday, CEO Mindy Grossman said, “We’re still cautious about the recovery in consumer spending, but the customer emerging is more discerning. Whether it’s $19 or $500, she has to see real added value built into the product.” St. Petersberg Times May 19, 2010
