HSNi's Chief Operations Officer Named Chief Executive Officer of Company's Cornerstone...

* Reuters is not responsible for the content in this press release.

Mon Oct 5, 2009 9:04am EDT

HSNi's Chief Operations Officer Named Chief Executive Officer of Company's
Cornerstone Segment

ST. PETERSBURG, Fla., Oct. 5, 2009 (GLOBE NEWSWIRE) -- Interactive multichannel
retailer HSN, Inc. (Nasdaq:HSNI) announced today that HSNi has named Mark
Ethier, as Chief Executive Officer of HSNi's Cornerstone business segment.
Cornerstone is comprised of leading home and apparel lifestyle brands including
Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Smith+Noble,
The Territory Ahead, and TravelSmith. Previously, Mr. Ethier was Executive Vice
President and Chief Operations Officer of HSNi and a director of Cornerstone. He
will now focus exclusively on driving and maximizing performance of Cornerstone.
Mr. Ethier will continue to report to HSNi's Chief Executive Officer, Mindy
Grossman.

"Through strict financial and operational rigor, we have begun to see bottom
line improvements in the Cornerstone business overall, despite ongoing sales
challenges in the luxury home and apparel categories," said Ms. Grossman. "Mark
has been instrumental in achieving this progress. We expect that having Mark
focus his attention exclusively on Cornerstone will allow us to maximize the
performance of these businesses."

Mr. Ethier had been Executive Vice President and Chief Operations Officer for
HSNi since 2004, responsible for all aspects of operations across HSN, HSN.com
and Cornerstone. These responsibilities included overseeing customer care,
fulfillment, logistics, quality assurance, information technology and
administration. He was Executive Vice President of Operations at HSN between
2001 and 2004. During his tenure, Mr. Ethier led the company's upgrade of its
fulfillment capabilities and improved shipping times, customer service and
product quality.

"I am proud of what has been achieved by the operational teams at both HSN and
Cornerstone with the transformation of HSN's multichannel business and the
strategic realignment that has been made at Cornerstone in response to the
overall retail environment," stated Mr. Ethier. "I look forward to devoting all
of my energy to building momentum, maximizing the potential of these prominent
brands, and positioning them for future success."

Prior to HSN, Mr. Ethier was with the Walt Disney Company as Senior Vice
President of Global Operations at The Disney Stores, where he defined and
implemented strategies to improve revenue, profitability, and productivity
throughout the company's store base in the United States, Europe and Japan. Mr.
Ethier holds a B.S. in Computer Science from the University of Georgia.

About HSN, Inc.

HSN, Inc. (Nasdaq:HSNI) is a $3 billion interactive multi-channel retailer with
strong direct-to-consumer expertise among its two operating segments, HSN and
Cornerstone. HSNi offers innovative, differentiated retail experiences on TV,
online, in catalogs, and in brick and mortar stores. HSNi ships 50 million
products and handles 50 million inbound customer calls annually. HSN, which
created the television retail industry 31 years ago, now reaches 90 million
homes (24 hours a day, seven days a week, live 364 days a year). HSN.com ranks
in the top 30 of the top 500 internet retailers, is one of the top 10 trafficked
e-commerce sites, and has more than a quarter million unique users every day. In
addition to its existing media platforms, HSN is the industry leader in
technological innovation including services such as Shop by Remote, the only
service of its kind in the U.S., and Video on Demand. Cornerstone comprises
leading home and apparel lifestyle brands including Ballard Design, Frontgate,
Garnet Hill, Grandin Road, Improvements, Smith+Noble, The Territory Ahead, and
TravelSmith. Cornerstone distributes 400 million catalogs annually, operates
seven separate e-commerce sites, and runs 25 retail stores.

-0-
CONTACT: HSN, Inc.
         Analysts/Investors:
         Felise Glantz Kissell
           727-872-7529
           felise.kissell@hsn.net
         Media
         Brad Bohnert
           727-872-7515
           brad.bohert@hsn.net
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.