JOB DESCRIPTION / ROLE
For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion, and art de vivre categories. More recently, the Group expanded its expertise into new categories of luxury watches, jewellery, and eyewear.
Every step at Chalhoub Group is taken with the customer at heart. Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 750+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.
Today, Chalhoub Group stands for 14,000 skilled and talented professionals across seven countries, whose cohesive efforts have resulted in the Group being ranked third in the Middle East and first in Saudi Arabia as a Great Place to Work®.
To keep the innovation journey going, the Group has set up "The Greenhouse", which is not just an innovation hub, but also an incubator space and accelerator for start-ups and small businesses in the region and internationally. This is just one of the several initiatives taken by the Group to reinvent itself, catalyzed by forward thinking and future-proofing. The Group has also been embedding sustainability at the core of its business strategy with a clear commitment towards people, partners and the planet, and by being a member of the United Nations Global Compact Community and signatory of the Women's Empowerment Principles.
What you'll be doing
Our Senior Buyer is responsible for taking the lead in the buying strategy, OTB, & Buying activities. You will be overseeing the Women's Handbags, Accessories, and Footwear categories for Tryano (Abu Dhabi) and Saks 5th Avenue (Bahrain). Your responsibilities will include:
- Develop the buying team (where applicable) into assuming full responsibility of own areas of business
- Manage a complex portfolio of brands
- Demonstrate creative drive & talent in planning, selecting & buying product.
- Utilize knowledge & expertise to bring in innovative new merchandise, new concepts & potentially exclusive product to attract new customers & grow sales.
- Influence & challenge OTB creation, managing how to spend OTB.
- Analyze & interpret sales figures to make good business decisions.
- Take responsibility for gross margin, stock turn & sell thru.
- Actively participate in buys, product selection, & quantifying orders.
- Manage the sale markdown strategy & stock liquidation.
- Present the buys to management & store team.
- Work closely with marketing, VM & store teams, supply chain & e-commerce
- Demonstrate awareness of trends, global market trends & competitors.
- Own supplier relationship & communication
- Actively negotiate with suppliers on stock swaps, RTVs, markdown contribution.
Requirements:
What you'll need to succeed- Minimum 5 years experience in Buying within a luxury multi-brand or mono-brand business
- Experience managing full buying cycle and OTB
- Existing relationships with Luxury brands
- Ability to work within a diverse team and comfortable managing complexity and stakeholders
- Strong analytical skills and a strategic mindset
- Experience in business development or in a start-up environment
- Merchandising background will be plus
- Arabic fluency will be plus
What we can offer you
With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.
ABOUT THE COMPANY
The Chalhoub Group is the leading partner for luxury across the Middle East since 1955. As an expert in retail, distribution and marketing services based in Dubai, the group has become a major player in the fashion, beauty and gift sectors regionally.
By blending its Middle East expertise and intimate knowledge of luxury, Chalhoub Group is building brands in the region, by offering service excellence to all its partners and a unique experience to its customers through its passionate teams.
With a growing workforce of more than 9,000 people, implemented in 14 countries, as well as the operating of over 470 retail outlets, the group's success is attributed to its most valued asset of highly skilled and dedicated teams. Professionalism and passion are what fuel the Chalhoub Group's competitive edge in today's market.
By being committed to implementing sustainable practices into their business, the Chalhoub Group has been awarded in 2013 the CSR Label from the Dubai Chamber of Commerce.
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