Qurate Retail Group, QVC's and HSN's parent organization, has sold online retailer Zulily
to Regent, a Los Angeles-based global investment firm.
"Qurate acquired Zulily for $2.4 billion in 2015," per Retail Dive. "But Zulily recently hasn’t performed well. The unit has regularly posted the
largest declines and losses in revenue within Qurate’s brand portfolio."
Read the whole story at Retail Dive »