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For Companies At a Glance
- 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 competitive pay, potential remote work options, and exclusive employee discounts.
- Why this job: Be part of a dynamic team shaping luxury retail experiences and making an impact.
- Qualifications: 2-3 years in retail merchandising, strong analytical skills, and a passion for luxury goods required.
- Other info: Opportunity to collaborate with various teams and gain insights through store visits.
The predicted salary is between 36000 - 60000 £ per year.
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
- Market and Product Knowledge
- Analyze competitor trends, market dynamics, and pricing strategies within the luxury jewelry, watches, and accessories sectors.
- Monitor sales performance through 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 meet sales targets and strategic goals.
- Perform regular store visits to gain first-hand insights.
- Work with the Central Merchandising and Supply Chain teams to refine sales forecasts based on market trends and product performance.
- Act as the liaison between stores and product category teams, ensuring effective communication.
- Coordinate with F&A Team on activities like buy-back, rebalancing, seasonal store closing, urgent and intercompany sales to optimize stock and costs.
- Define the OTB budget for stores, aligning with company strategy and regional guidelines.
- Monitor and control orders and replenishment to adhere to stock level objectives.
- Support stores in buying decisions to ensure a curated, relevant product offering that meets customer needs and strengthens store identity.
- Adjust product zoning and assortments based on sales data and regional requirements.
- Collaborate with Demand and Supply Planner to optimize stock management.
- Coordinate with F&A Team on activities like buy-back, rebalancing, seasonal store closing, and sales to optimize stock and costs.
- Verify delivery and availability of new product launches across stores, collaborating with relevant teams for successful launches.
- Work with Visual Merchandiser to optimize product visibility and presentation.
- Contribute to creating engaging product animation plans with Retail, Training, E-commerce, and Marketing teams.
- Maximize stock allocation opportunities to reduce depreciation of goods.
Profile
- Ideally 2-3 years of experience in retail merchandising or planning within a luxury retail environment.
- Highly analytical with strong organizational, communication, and presentation skills.
- Commercially aware with a passion for luxury goods and the Bulgari brand.
- Advanced proficiency in Microsoft Office, especially Excel.
- Influential, entrepreneurial, and pedagogical approach.
- Detail-oriented in analysis but concise and action-focused in communication.
- Team player with excellent interpersonal skills.
Retail Merchandising Manager employer: Bvlgari
Contact Detail:
Bvlgari Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retail Merchandising Manager
✨Tip Number 1
Familiarise yourself with Bulgari's product range and brand ethos. Understanding the luxury market and what sets Bulgari apart will help you speak confidently about how you can contribute to their merchandising strategy.
✨Tip Number 2
Stay updated on current trends in luxury retail, particularly in jewellery and accessories. Being able to discuss recent market dynamics and competitor strategies during your interview will demonstrate your analytical skills and passion for the industry.
✨Tip Number 3
Prepare to showcase your experience with inventory management and stock optimisation. Think of specific examples where you've successfully managed stock levels or improved sales through effective merchandising strategies.
✨Tip Number 4
Network with professionals in the luxury retail sector. Engaging with others in the field can provide insights into the role and may even lead to referrals, increasing your chances of landing an interview with us at StudySmarter.
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 previous experiences align with the responsibilities outlined in the job description, particularly your ability to analyse sales performance and develop actionable plans.
Showcase Analytical Skills: Since the role requires strong analytical abilities, consider including a section in your application that details specific projects or analyses you've conducted in the past. Highlight any quantitative results that demonstrate your impact on sales or inventory management.
Prepare for Interviews: If you get called for an interview, be ready to discuss your approach to market analysis and stock optimisation. Prepare examples of how you've successfully collaborated with teams in the past and how you would apply those skills at Bulgari.
How to prepare for a job interview at Bvlgari
✨Showcase Your Market Knowledge
Be prepared to discuss current trends in the luxury retail sector, particularly in jewelry and accessories. 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 strong analytical abilities, come equipped with examples of how you've used data to drive decisions in previous roles. Discuss specific instances where your analyses led to improved sales or inventory management.
✨Emphasise Team Collaboration
This position involves working closely with various teams. Share experiences that illustrate your ability to collaborate effectively, whether it’s with retail teams, supply chain, or marketing. Highlight your interpersonal skills and how they have contributed to successful projects.
✨Demonstrate Passion for the Brand
Express your enthusiasm for Bulgari and its products. Research the brand's history, values, and recent collections, and be ready to articulate why you want to work specifically for Bulgari. This passion can set you apart from other candidates.
