Location: Dubai, AE
Company: Al Futtaim Private Company LLC
Job Requisition ID: 154464
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview of the role
The Retail Fashion Buyer coordinates, executes and manages the activities of Buying for Sandro, Maje, Hugo Boss and Aape within clothing, accessories and footwear for all markets (UAE, Bahrain, Kuwait, Qatar & KSA).
It will include Buying from core to execution; classification or key programs, depending on scope and complexity, and assists the Retail Merchandising Manager in developing, executing, and communicating a product strategy that meets or exceeds financial goals.
What you will do
Line Assortment management, with selections by country, by door
Creates assortment sheets
Provides support and compiles data to aid in assessing product assortment.
Participates in product review meetings with cross-functional teams
Participates in bottoms-up planning meetings that determine quantities for all styles
Updates with changes, distributes and communicates changes to appropriate
Provides support and compiles data for senior management line reviews
Business partner reviews on an ongoing basis
Provides input in line edit meetings
Evaluates buys at style, class and department level against initial plans, and
Validates retail prices for all styles.
Analyses product trends and historical data at departmental and classification level.
Supports and compiles data as needed to aid in developing seasonal strategies, financial targets, and open-to-buy budgets.
Attends pre-season meetings between buying and planning.
Travels for markets and buys against open-to-buy and assortment plans
Aligned with brand global strategy, seasonal strategy and global trends within luxury brands
Ensures the financial success of area by meeting or exceeding financial targets including sales, gross margin, gross margin return on investment, and turn goals.
Reviews weekly, monthly, quarterly and annual sales performance and marketplace information to identify sales trends and business opportunities.
Required Skills to be successful:
Good verbal & written communication skills, MS Office skills, Multi-Tasker
Knowledge of merchandise trends and their financial implications
Knowledge of basic merchandising, planning and the retail industry
Clear understanding of financial measurements and how to utilize them in voicing and making decisions
Effective listening, presentation, verbal and written communication skills
SAP experience is an additional benefit
What equips you for the role
Bachelor degree or equivalent preferred, but not required
Minimum 3 years Buying / Merchandising experience with Fashion Retail with a proven track record for driving sales and profit results and training and developing a team of individuals.
About Al-Futtaim Retail
Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer’s in both regions with over 75 stores offering both fashion & food options.
Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference…
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