Retail Manager

Summary about this job

Detail information about job Retail Manager. Terms and conditions vacancy

• Minimum 3 years' relevant experience in retail or luxury industry
• Strong business awareness, with logical thinking and analytical ability
• Excellent interpersonal and leadership sk8ills

Company Description

Versace is one of the world's most famous luxury fashion houses. It is proudly Italian and independently owned by the Versace family. It produces luxury goods under the Artistic Direction of Donatella Versace. 

Job purpose: Manage the relevant Retail Network and develop the Versace business into the related market.

Responsibilities : 

Business development

• Responsible for sales, performance and operational efficiency of the related perimeter boutiques.
• Generate and analyze sales, profit and loss statements, KPIs and other operational reports to understand each boutique’s needs and make recommendations to senior management on how to reach goals and grow the business.
• Prepare regularly business reviews and market information to top management.
• Create strategic decisions based on the needs of the business, based on both short and long term objectives, in alignment with company initiatives, and executes an action plan to increase sales and profit.
• Conduct regular store/market visits to ensure standards are maintained, expectations are being achieved and actions plans are developed in order to move the business forward.
• Work closely with landlords, relevant stakeholders, fashion magazines & fashion influencer to explore opportunity to further positioning and promote the brand.

Team management

• Act as leader of all Store Managers and to ensure the appropriate representation and integrity of the company and the brand, and ensures that they demonstrate outstanding leadership skills.
• Communicate vision. Strategy and clear direction to all direct reports.
• Develop business strategies and set achievable goals and targets, implements sales incentives to help boost sales, and ensures the stores are held accountable for achieving set goals.
• Partner with the Store Managers to create a dynamic environment with superlative customer service standards, and assures the store and staff are inviting, professional, and knowledgeable on product and related company information.
• Ensure adequate retail staffing through recruitment of the right talents, liaising with HR Department.
• Ensure all training and development programs are implemented and monitored for success.

Client Management  

• Maintain an active social relationship with clients and community and understands the needs and changes of the market.
• Work closely with the communication and events department to execute local events.
• Propose and effectively implement local CRM to promote loyalty to the Brand.

Retail Excellence  

• Responsible for the consistent implementation and enhancement of Versace Retail Excellence and all selling and clienteling tools.

Retail Management 

• Work closely with buyers, planning to ensure that merchandise assortments reflect the brand strategy and stock levels are appropriate to meet the needs of the business.

• Ensure store presentation and visual merchandising standards are maintained according to company directives, and applies strategies to deliver best results through merchandising and visual representation.

• Analyze and manages sell through. Identifies and communicates regularly with division heads on product availability and market trends to maximize productivity.

• Assure optimum shrinkage results are met by enforcing security measures and maintaining consistent accuracy in inventory levels.

• Remain in compliance with operational and company policies and procedures, and assures all policies are enforced.

• Demonstrate proficiency in managing operational costs, and balancing all related budgetary expenses in a cost efficient manner.

Requirements : 

• Bachelor’s degree in Fashion or Business preferred.

• 7 - 10 years experience in retail management , luxury experience preferred.

• 2 - 3 years experience in multi-location management of a luxury retail business.

• Ability to analyze financial reports.

• Full understanding of specialty retail, including business development, visual merchandising and store operations.

• A positive, outgoing, high energy personality that is entrepreneurial.

• Strong in computer skills to include operation of retail point of sale system and Excel.

• Critical thinking and problem solving skills. Excellent leadership, interpersonal, and organizational skills also a must.

• Ability to demonstrate excellent verbal and written communication skills allowing for communication of the company’s goals and objectives.

• Ability to thrive within a high paced environment, multi-tasks with ease while maintaining a balance of daily responsibilities.

• Ability to maintain active social relationships with clients and community and understands the needs and changes of the market, while keeping strong customer focus.

Application

To apply for this position, please send us your updated resume stating the position that you are interested, with current and expected salary, to  [email protected].

All information provided will be treated in strict confidence and used solely for recruitment.