Luxury Goods Don’t Sell For HSN’s Cornerstone

Posted on by Chief Marketer Staff

HSN Inc. reported second quarter sales of $640.1 million, down 8% from the $695.8 million it racked up in second-quarter 2008. But the company turned a $249.8 million net loss from a year ago into net income of $13.6 million for the quarter ended June 30.

Second-quarter 2008

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