Retail Merchandiser RTW_Miu Miu
Founded in 1913 in Italy, the Prada Group was built on a tradition of excellence and with a vision of innovation. The Group, a world leader in the luxury sector, operates in more than 45 countries with the PRADA, Miu Miu, Church’s and Car Shoe brands, and has employees of over 100 nationalities.
Responsibilities
The incumbent is responsible to manage the buying and retail merchandising function of the designed brand and category to optimize business volume while respecting the fashion direction from the group.
Buying Process
- Participation in the Master Selection for the category of responsibility in Milan (when required by HQ Merchandising)
- Provide feedback to the Group on the collection and product development to maximize business potential in the region.
- Review the budget and buy for the respective category for Direct & DF channels, control the broadness and depth of the buy and merchandising mix to ensure brand direction is followed while balancing and maximizing the commercial and business potential.
- Negotiation of OTB with HQ Merchandising / Planning in case of budget issues
- Consolidation of regional order to present to HQ Merchandising
- Participation in order reviews (order comments) by local buyers and HQ Directors
- Managing the order entry process (MOT, Master file)
In-season performance management
- Monitoring sell-thru, consolidating and proposing reorder requests as necessary.
- Frequent communication with HQ MD regarding sales and sell-thru performance to ensure achievement of targets/objectives.
- Overseeing deliveries to ensure satisfactory stock levels and sales performance.
- Co-ordinate merchandise replenishment for all shops to ensure shops are properly merchandised.
- Update and provide quantitative information on monthly sales targets, stock delivery situation, and new merchandise delivery situation to all stores.
- Preparing, checking, and approving replenishment, and special merchandise transfer for all store locations
- Prepare stock requisition to ensure timely delivery of merchandise for all store locations.
- Prepare Weekly / Monthly reports/ Business review to be presented to HQ MD
Market intelligence
- Consolidate and aid in the elaboration of the Competitor’s Market Trend Report sent to HQ
- Provide constant product feedback and ideas for development to HQ Merchandising
New store openings
- Examine projects briefs provided by Engineering and validate or revise all
Merchandising Plans before sending them to HQ.
- Coordination of new store orders with HQ MD
- Follow-up on delivery of merchandise for openings
- Physical presence to support new openings as required.
- Ensure that proper product training and knowledge is provided to the shop staff.
(that is relevant to the merchandise actually received)
- Follow-up on new store performance and corrective action as required as to the product mix, stock level etc.
Product knowledge
- Ensure that proper product training is conducted for the sales personnel
- Preparation of seasonal product training materials to be sent to all stores.
- Supporting and coordinating local training
Visual merchandising
- Co-ordinate with Visual Merchandising team, verify the visual aspects from an image as well as commercial point of view.
- Oversight of VM guidelines and their application within the region
Qualification
- Bachelor’s degree in Marketing, Business or related field preferred.
- At least more than 5 years of working experience in this role and in relevant field of the Luxury / Fashion industry.
- Excellent data analysis and data-driven decision-making skills.
- Ability to work collaboratively in an environment of retail team and stores.
- Highly organized with the ability to manage multiple tasks and priorities effectively.
- Strong communication and interpersonal skills.
- Strong sense of accountability and reliability.
- Proficient in written and spoken in both English and Korean
Joining our Company means working in a creative and international environment, with teams of people motivated by curiosity and the quest for excellence. The engine of our success is the importance and value that we place on the talent and passion of our people leading to their own professional growth.
Prada Group promotes an inclusive work environment, ensuring equal opportunities for all candidates, regardless of gender, ethnicity, sexual orientation, disability, or other personal characteristics. We believe that diversity is a value and we are committed to build a fair and respectful workplace for all.
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