Brand Manager Al Futtaim Retail UAE

Al-Futtaim Group is in search of an experienced and passionate Brand Manager to join Al-Futtaim Retail in Dubai. The Brand Manager is responsible for driving top-line performance, full profit and loss accountability, consistent operational excellence and brand compliance across all stores. Ensures the achievement of all the tangible and intangible aspects of the Brand(s) handled.

Job Duties of Brand Manager

Budgeting & Sales accountability

• Plans the total seasonal purchase and guides the merchandisers by setting forward estimates for the different buying groups, considering several variables, such as selling space, trends, feedback from stores, etc
• Attends buying fairs along with Merchandisers and ensures that the right products are selected in terms of ways, depth, etc. to generate maximum profit for the business.
• Accountable for ensuring annual sales turnover and GM targets.

Product and stock Management

• Regularly works on new market trends, design and collection development, and merchandise planning for merchandise brands.
• Inventory management and timely stock liquidation minimizing impact to profit.

Buying Management

• Regularly monitors the merchandise stock levels.
•  Analyses various reports (plan vs actual, viability of a particular item, stock cover, store cover, etc), gauges the merchandise performance (identify best/low sellers, etc) and then suggests/implements corrective measures.
• Needs to do channel-wise incentive schemes and promotions. Based on the above, may request an increase or decrease of budgets. Ensure optimum stock levels and minimum waste.

Pricing and Margins Management

• Evaluate the pricing of the merchandise before a season by doing a price simulation exercise, ensuring that the pricing delivers the margin target set.
• Do competition analysis and recommend price changes, if and when required so that they are in line with the market; Done to achieve set targets.

Principal Relationship

• Regularly communicates with Principals, maintaining a good working relationship with them.
• Provides feedback in terms of product suitability to the local markets, suggesting changes, alternatives, and/or new specific products.

Job Requirements For Brand Manager

The eligibility requirements for Brand Manager are as under.

Qualification

• Degree holder.
• A business course in Merchandise Planning, Brand Management, Sales, Marketing and Promotions will be preferred.

Experience

• Total experience of at least 8-10 years in the watches business, in luxury retailing company (preferably) in the category management/ brand management function.

Skills & Knowledge Desired

• Computer Knowledge with expertise in Excel is a must.
• Advance exposure to retailing practices, promotions, and visual merchandising activities.
• Exposure in merchandise planning and brand management.
• Must have prior experience in managing relationships with large international Principals.

Job ID

• 157986

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Tagged as: Brand Manager