Position
Overview
This role will drive brand elevation as well as brand desirability and maximize sales potential through strategic merchandising and creative visual merchandising for Tiffany Korea. This position requires a strategic mindset, strong analytical skills, deep market insights, and a passion for luxury jewelry retail.
Responsibilities
Develop merchandising strategies aligned with regional and global objectives.
- Lead optimized product assortment and inventory level by store typology in collaboration with partnering global and regional functions.
- Deliver Retail communications on new product launches and major merchandising initiatives.
- Work cross-functionally with other functions to elevate the clients experience and maximize sales performance through strategic merchandising actions.
- Analyze market and competitors’ pricing positioning and share the local insights to the global team.
Project accurate product sales plans by category by channels.
- Prepare the product sales plan by category and by key collections for Retail, E-Commerce and Retail Partners for the yearly budget.
- Provide the sales forecast of the newness.
- Work closely with Demand planning for monthly estimation of detailed sales plans which leads to efficient production and inventory management plans.
- Drive effective collaboration with Inventory planning to ensure optimized inventory supply.
Manage Creative Visual Merchandising
- Ensure consistent in-store product presentation by implementing CVM standards aligned with the global strategies.
- Manage the planning, installation and maintenance of seasonal creative campaigns.
- Lead the global alignment, budgeting and activations for pop-ups/ins events.
- Train and foster in-store CVM ambassadors to enhance the effective VM implementation.
Curate the most effective assortment for special events
- Create the event assortment in line with the business objectives.
- Secure elevated High Jewelry offers for the local High Jewelry event.
- Lead the communication with the global High Jewelry(HJ) team on the HJ performance.
Lead outstanding Team Management, Collaboration and Leadership
- Develop professional staff to be result-driven and self-starting aligned to the Tiffany competency model
- Set clear goals and performance KPIs to guide the team and encourage goal achievement.
- Foster an open communication culture within the team to create a collaborative and innovative environment.
- Drive effective cross-functional collaboration with relevant functions to align the strategic and operational objectives and to maximize the performance. (Retail, Retail Excellence, Finance, Marketing, Operations, etc)
Required
- A passion for the luxury jewelry industry with strong merchandising knowledge, planning and analyzing skills
- Over 15 years of working experience, of which at least 2 years of senior managerial role is mandatory
- Ability to interact with flexibility and diplomacy with key stakeholders
- Proactive, creative problem solver
- Highly Proficiency in English
- Bachelor Degree or equivalent
- Fluent in both Korean & English
Preferred
- Working experience in global luxury organization
- Jewelry & Watch industry experience
- Solid knowledge base on gemstone, jewelry and timepieces – GIA Certification is a plus
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