Qurate Retail Group, the parent company of QVC, remembered him as a remarkable leader and entrepreneur.
Born in Philadelphia, Segel established QVC (Quality Value Convenience) in 1986 as an alternative to the Home Shopping Network (HSN). In 2017, Qurate acquired HSN for $2.1 billion, aiming to compete more effectively with online retail giants like Amazon.
Although Segel retired as QVC chairman in 1983, he remained an advisor to the company until 2013. Throughout his career, he also founded other successful businesses, including the Franklin Mint, known for producing collectibles like coins, and currently owned by Sequential Brands Group in New York City. Joseph Segel’s entrepreneurial spirit and contributions to the world of shopping and collectibles will be remembered fondly.