Buyer - Bloomingdales Fashion Luxury Department Stores - (KSA Market) - Dubai
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Key skills for this role
About the Role
Al Tayer Insignia seeks a Buyer for luxury fashion in a new KSA luxury department store. The role involves strategically planning and curating luxury fashion assortments, forecasting product requirements, and maximizing profitability.
Key Skills for This Role
Responsibilities
- Analyze market trends, consumer preferences, sell through, seasonal demands etc to formulate a buying practice in line with consumer /store demands
- Plan and select the range, type, quality and quantity of merchandise according to customer demand, trends, store policies and set prices and sell through targets
- Carry out purchasing activities in line with the brand purchase plans
- Keep abreast of market trends and awareness of competitor activities
- Maintain profitable relationships with existing suppliers/principals and monitor adherence to contract terms
- Monitor stock levels in stores; coordinate with planning team to maintain optimal stock levels
- Support promotional activities in the store and ensure merchandise is available in time and in right quantities
- Support PR and Marketing teams by guiding and validating product selection for planned campaigns
- Negotiate with suppliers on provision of training for the concerned product; manage brand training of staff
- Review buying feedback reports and monitor sales performance on weekly basis against set targets
- Prepare periodic reports analyzing sale turnover and consumer trends per product
- Conduct regular store visits in all markets to review brand performance and competitor activities
Requirements
- Experience in the GCC region is mandatory, KSA experience strongly preferred
- Understanding of the KSA market and regional consumer trends
- A strong passion and natural sense for trends, taste, and aesthetics at a luxury level
- Strong negotiation and analytical skills
- Ability to work calmly and efficiently under pressure in a fast paced environment
- Excellent communication and interpersonal skills
- Exceptional organizational and time management skills
- Strong project management capability
- Proficient in English and Arabic preferred
- Comfortable with frequent regional travel, as well as regular travel to Europe
Full Job Posting
Company Overview
- Al Tayer Insignia has partnered with the world's most iconic brands for over 40 years, creating award winning retail experiences across boutiques, department stores, and online platforms.
Strategic Roles and Responsibilities
- Analyze market trends, consumer preferences, sell through, seasonal demands etc to formulate a buying practice in line with consumer /store demands
Functional Roles and Responsibilities
- Plan and select the range, type, quality and quantity of merchandise according to customer demand, trends, store policies and set prices and sell through targets in conjunction with the Division Merchandise Manager/GMM
- Carry out purchasing activities in line with the brand purchase plans
- Keep abreast of market trends and awareness of competitor activities
- Maintain profitable relationships with existing suppliers/principals and monitor the adherence to the contract terms
- Monitor the stock levels in the stores; coordinate with planning team to maintain optimal stock levels in line with the consumer demand
- Support the promotional activities in the store and ensure the merchandise is available in time and in right quantities
- Support PR and Marketing teams by guiding and validating the selection of products to be included in planned campaign
- Negotiate with suppliers on provision of training for the concerned product; manage the brand training of staff
- Review buying feedback reports and monitor sales performance on weekly basis against set targets
- Prepare periodic reports both for the business and as requested by principals analyzing the sale turnover and consumer trends per product
- Conduct regular store visits in all markets to review brand performance and competitor activities
People Management Roles and Responsibilities
- Provide leadership and direction to subordinates towards the achievement of goals and objectives
- Guide and motivate subordinates to enhance performance and produce quality work, and ensure that they are continuously developed for higher level roles
Qualifications
- Experience in the GCC region is mandatory, KSA experience strongly preferred
- Understanding of the KSA market and regional consumer trends
- A strong passion and natural sense for trends, taste, and aesthetics at a luxury level
- Strong negotiation and analytical skills
- The ability to work calmly and efficiently under pressure in a fast paced environment
- Excellent communication and interpersonal skills
- Demonstrates exceptional organizational and time management skills to manage multiple priorities and deadlines effectively
- Strong project management capability, enabling effective planning, coordination, and delivery across multiple workstreams and stakeholders
- Proficient in English and Arabic preferred
- Comfortable with frequent regional travel, as well as regular travel to Europe to develop network of professional & business relationships
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