Regent, L.P. acquired Zulily, LLC from Qurate Retail, Inc.
May 23, 2023
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Regent, L.P. acquired Zulily, LLC from Qurate Retail, Inc. on May 24, 2023. In connection with the transaction, Zulily will no longer be a co-borrower in QVC, Inc.'s bank credit facility and the Company repaid Zulily's outstanding borrowing, which was approximately $80 million as of closing.
Regent, L.P. completed the acquisition of Zulily, LLC from Qurate Retail, Inc. on May 24, 2023.
Qurate Retail, Inc. owns controlling and non-controlling interests in a range of video and online commerce companies. It operates through its subsidiaries, QVC, Inc. (QVC), which includes, HSN, Inc. (HSN) and Cornerstone Brands, Inc. (CBI). The Companyâs segments include QxH, QVC and CBI. QxH segment markets and sells a variety of consumer products in the United States, primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications. QVC International segment markets and sells a variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and via the Internet through its international websites and mobile applications. CBI segment consists of a portfolio of aspirational home and apparel brands in the United States, which sells merchandise through brick-and-mortar retail locations, as well as via the Internet through their websites.
QURATE RETAIL, INC. 
