QVC Group, the live social shopping company whose brands include QVC and HSN, emerged from bankruptcy with its debt reduced by more than $5 billion, access to a new $600 million asset-based lending facility, and new leadership, the company said in a Thursday (Aug. 6) press release. The news followed QVC Group’s April 16 announcement that it had begun voluntary Chapter 11 proceedings to implement a comprehensive prepackaged financial restructuring plan. In addition, QVC Group’s common stock has been approved for trading on Nasdaq under the symbol “QVCG,” according to the release. George served as president and CEO of QVC Group and its predecessor, QVC Inc., for nearly 16 years, from November 2005 to September 2021, according to his LinkedIn profile. It was reported in April that QVC Group sought Chapter 11 protection after years of declining sales, mounting debt and a shift in consumer shopping behavior toward mobile, social and lower-priced digital rivals.