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- Tasks: Lead retail merchandising to optimise product assortment and drive sales in Bulgari stores.
- Company: Join Bulgari, a prestigious luxury brand known for its exquisite jewellery and accessories.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
- Why this job: Be part of a luxury brand that values creativity, teamwork, and customer satisfaction.
- Qualifications: 2-3 years in retail merchandising, strong analytical skills, and a passion for luxury goods.
- Other info: Work closely with various teams to enhance customer experiences and boost sales.
The predicted salary is between 36000 - 60000 £ per year.
Position Mission This position reports directly to the Managing Director as part of the Retail team of Bulgari UK, based at Head Office. The main objective of the Retail Merchandising role is to ensure a focused and cohesive product assortment in Bulgari\’s stores within the UK, optimizing stock, driving sales, and exceeding customer expectations. Job responsibilities Key Responsibilities Market and Product Knowledge Analyze competitor trends, market dynamics, and pricing strategies within the luxury jewelry, watches, and accessories sectors. Monitor sales performance through both quantitative analyses and qualitative feedback from retail teams and customer interactions. Conduct in-depth analyses to identify business opportunities, assess risks, and understand customer preferences. Develop actionable plans in collaboration with Retail, Training, Customer Service, Product Categories, and HQ teams to achieve sales targets and strategic objectives. Conduct regular store visits to gain first-hand insights. Work closely with Central Merchandising and Supply Chain to refine sales forecasts based on market trends and product performance data. Serve as the liaison between stores and product category teams, fostering communication. Collaborate with F&A Team on activities like buy-back, rebalancing, seasonal store closing, and intercompany sales to optimize stock and costs. Inventory Management & Optimization Define the OTB budget for stores, aligning with company strategy and stock level objectives. Monitor and control orders and replenishment to adhere to budgeted stock levels. Support physical stores in buying decisions to ensure relevant product offerings, balancing new arrivals with bestsellers. Update product zoning and assortments based on sales data and regional needs. Collaborate with Demand and Supply Planner to optimize stock management. Work with F&A Team on inventory activities to control costs. Product Animation & Visual Merchandising Coordinate with Demand and Supply Planner for new product launches and collaborate with teams to ensure successful launches. Work with Visual Merchandiser to optimize product visibility and store displays. Contribute to product animation plans to create engaging customer experiences and boost sales. Optimize stock allocation to minimize depreciation impact. Profile Ideally, 2-3 years of experience in retail merchandising or planning within a luxury retail environment. • Highly analytical with excellent organizational, communication, and presentation skills. • Commercially aware with a passion for luxury goods and the Bulgari brand. • Advanced knowledge of Microsoft Office, especially Excel. • Influential, entrepreneurial, and pedagogical approach. • Detail-oriented in analysis, synthetic and action-focused in communication. • Team player with excellent interpersonal skills. #J-18808-Ljbffr
Retail Merchandising Manager employer: BULGARI
Contact Detail:
BULGARI Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retail Merchandising Manager
✨Tip Number 1
Familiarise yourself with the luxury retail market, especially in jewellery and watches. Understanding current trends and competitor strategies will help you speak confidently about how you can contribute to Bulgari's success.
✨Tip Number 2
Prepare to discuss your analytical skills and how you've used data to drive sales in previous roles. Be ready to share specific examples of how you've optimised stock or improved product assortments based on customer feedback.
✨Tip Number 3
Showcase your passion for the Bulgari brand during interviews. Research their product lines and recent launches, and be prepared to discuss how you would enhance their merchandising strategy.
✨Tip Number 4
Highlight your teamwork and communication skills, as this role requires collaboration across various departments. Think of examples where you've successfully worked with others to achieve a common goal in a retail setting.
We think you need these skills to ace Retail Merchandising Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in retail merchandising or planning, especially within a luxury environment. Use specific examples that demonstrate your analytical skills and understanding of market dynamics.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the Bulgari brand and luxury goods. Discuss how your skills align with the responsibilities outlined in the job description, particularly your experience with inventory management and product assortment.
Showcase Analytical Skills: Since the role requires strong analytical abilities, include examples of how you've used data to drive sales or optimise stock in previous positions. Mention any tools or software you are proficient in, especially Excel.
Prepare for Interviews: If invited for an interview, be ready to discuss your approach to market analysis and how you would develop actionable plans to meet sales targets. Prepare questions about the company's strategy and how you can contribute to their goals.
How to prepare for a job interview at BULGARI
✨Showcase Your Market Knowledge
Be prepared to discuss current trends in the luxury retail sector, particularly in jewelry and watches. Demonstrating your understanding of competitor strategies and market dynamics will show that you are well-informed and ready to contribute.
✨Highlight Analytical Skills
Since the role requires a strong analytical approach, be ready to share examples of how you've used data to drive decisions in previous roles. Discuss specific instances where your analysis led to improved sales or inventory management.
✨Emphasise Team Collaboration
This position involves working closely with various teams. Prepare to talk about your experience in cross-functional collaboration and how you’ve successfully communicated with different departments to achieve common goals.
✨Demonstrate Passion for the Brand
Express your enthusiasm for Bulgari and its products. Share what you admire about the brand and how your personal values align with its mission. This will help convey your genuine interest in the role and the company.
