QVC, a leading international television and ecommerce retailer based in West Chester, is showing stable sales and growth from its eCommerce groups for 2013 despite the economic downturn.

“QVC posted strong results in the US and UK for the fourth quarter driven by a return on strategic investments in TV and digital efforts and solid operational execution,” Greg Maffei, president of Liberty Interaction Corporation stated in a news release.

Liberty Interactive Corporation has owned QVC since 2003 and it has 17,000 employees worldwide. The company’s name refers to quality, value and convenience, which it promises customers as they shop online or through its interactive television shows produced in West Chester.

“Additionally, QVC experienced rapid growth in their China joint venture,” Maffei said. “Japan and Germany proved more challenging and were further negatively impacted by currency fluctuations in Japan. We repurchased $309 million of Liberty Interactive stock from Nov. 1, 2013 to Jan. 31, 2014 and $1.1 billion in 2013.”

Maffei also announced a two-for-one split of Series A Liberty Ventures stock. The full company report for 2013 shows sales fluctuating by quarter, but remaining stable overall.

The Liberty Interactive Group holds controlling interests in companies engaged in digital commerce including QVC, Provide Commerce, Backcountry.com, Bodybuilding.com, Celebrate Interactive, CommerceHub, and the Home Shopping Network.

The most significant eCommerce declines were in the Celebrate retail business and the Red Envelope business within Provide. These businesses had declining revenues as well as decreasing profit margins. The declines were partially offset by the growth of other eCommerce business.

The full end of year report is here.