Sunday, May 23, 2010

The Before and After Picture

Before:  "There was not a lot of pride in the culture, and that was shocking to me."  Mindy Grossman, talking about HSN when appointed CEO.

After:  "If they don't want to go on air, then they don't want to work with us--they're not passionate."  Grossman describing the type of designers she was looking for to sell on the air.

Results:  During the depths of the recession, sales grew 3% in both 2008 and 2009, w/sales up 9% during 1st quarter of 2010.  Stock price doing quite well also.

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