HSNi's CEO Mindy Grossman Named Ernst & Young Entrepreneur Of The Year® 2011 Florida Award winner

ST. PETERSBURG, Fla., June 17, 2011 /PRNewswire/ -- HSNi announced that CEO Mindy Grossman received the Ernst & Young Entrepreneur Of The Year® 2011 Florida Award in the Corporate Innovator category for the West Central Florida region. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Ms. Grossman was selected by an independent panel of judges, and the award was presented at a gala event at the Omni Orlando Resort at ChampionsGate on June 16.

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"Our company was founded at the intersection of innovation and entrepreneurial ingenuity, but never in our history have these business drivers been more relevant than they are today," said Mindy Grossman, CEO, HSN, Inc.  "The retail and e-commerce industry is in the midst of a technological revolution, and over the past year we are proud to say that we've launched best-in-class initiatives and partnerships that are transforming every aspect of the digital space.  All of us at HSNi are honored by this recognition and look forward to continuing to foster a spirit of innovation."  

The Ernst & Young Entrepreneur Of The Year Awards Program celebrated its 25th anniversary this year. Past award recipients have included Howard Schultz of Starbucks Coffee Company, Arthur M. Blank of AMB Group, LLC (Home Depot, Atlanta Falcons), Pierre Omidyar of eBay, Inc., Ruth Fertel of Ruth's Chris Steak House, Inc., Maxine Clark of Build-a-Bear Workshop, Tom Adams of Rosetta Stone Inc., Matt Szulik of Red Hat, Inc., and last year's national winner, Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and BGC Capital Partners, Inc.

As a Florida award recipient, Ms. Grossman is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2011 National Award. Award recipients in several national categories, as well as the overall Ernst & Young Entrepreneur Of The Year National Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 12, 2011. The awards are the culminating event of the Ernst & Young Strategic Growth Forum®, the nation's most prestigious gathering of high-growth, market-leading companies, which will be held November 9–13, 2011.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by the Ewing Marion Kauffman Foundation.

Florida platinum sponsors include Carlton Fields, Fifth Third Bank and Tribridge; silver sponsor RFB Communications Group and media sponsor Smart Business Network.

About HSNi

HSN, Inc. (Nasdaq: HSNI) is a $3 billion interactive multi-channel retailer with strong direct-to-consumer expertise and operates two business segments, HSN and Cornerstone. HSNi offers an innovative, differentiated retail experience on TV, online, via mobile, in catalogs, and in brick and mortar stores. HSN delivers a curated assortment of exclusive products and top brand names, and broadcasts live 24 hours a day, seven days a week, 364 days a year, reaching approximately 96 million homes. HSN.com is a top 10 most trafficked e-commerce site that creates a unique experience by leveraging content, community and commerce. In addition, HSN is an industry leader in transactional innovation, offering services such as HSN Shop by Remote®, the only service of its kind in the U.S.; mobile applications, including HSN apps for iPad®, iPhone®, Android™; and HSN on Demand®. Cornerstone is comprised of leading home and apparel lifestyle brands, including Ballard Designs, Frontgate, and Garnet Hill. Cornerstone operates eight separate e-commerce sites, distributes more than 275 million catalogs annually, and has 20 retail and outlet stores.

About Ernst & Young Entrepreneur Of The Year®

Ernst & Young Entrepreneur Of The Year® is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US. For more information about our organization, please visit www.ey.com.

SOURCE HSN, Inc.

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