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Buying Lead - Brands Buying

15 - 18 YearsBengaluru

Posted: 33 days ago

Job Description

ROLE SUMMARY
Drive profitability and manage sales of assigned brands to achieve top line and bottom-line. Provide right product mix to ensure Lifestyle achieves its desired market positioning

KEY JOB RESPONSIBILITIES
Product Planning, Performance and Presentation
Identify, assess and action on the available market opportunity for new and existing categories, markets and brands (quantitative and qualitative)
Keep abreast of the trends prevailing in the international market and forecast for the season
Increase profitability through margin enhancement
Align buy with planning to finalize the sales, margin and inventory for the department, category, brands, concept.
Plan the product range and pricing strategy based on desired positioning to optimally tap the opportunity
Final range sign off
Ensure buying is done as per OTB and stocks are available in the right mix and as per stock cover norms
Review the brand wise profitability and take required actions with respect to both profitable and non-profitable brands
Manage Sell thru tracking and initiate necessary action to optimize the sell thru within the season
Analyze product feedback and take required actions to address the feedback
Perform gap analysis post launch for new and existing products/brands and take required actions
Track competition with respect to business performance, promotions and productivity and take required actions
Ensure the ageing of stock with reference to overall stock holding is as per defined norms
Ensure enhanced customer experience through right brand product mix, visual appeal and layout navigation
Manage strategic space planning to ensure the SPF and MPF for the department is in line with concept performance
Define, drive and ensure implementation of relevant internal processes and SOPs

Relationship management
Build long term relationships with brand partners by understanding their strategy, positioning, scalability and relevance
Manage Brand relationships. Negotiate terms of trade with new brands and regularly review performance of existing brands for corrective action.

People Management
Provide direction, set expectations and align the team to the department goals
Select the right people, motivate and review performance to continuously enhance performance
Guide, train and coach people for individual development


Salary: Not Disclosed by Recruiter
Industry: Retail / Wholesale
Functional Area: Fashion Designing, Merchandising
Role Category: Designer
Role: Merchandiser
Employment Type: Permanent Job, Full Time
Keyskills:

Desired Candidate Profile

candidate should have minimum 12+ Yrs of Experience in Brands Buying.
Should have handled Men's Casual Category.
Core Buying Experience in retail set up will be preferred. 





Company Profile

Lifestyle International Pvt. Ltd.
The Landmark Group, founded in 1973 with a single store in Bahrain has grown into one of the largest retail conglomerates in the Middle East with revenues in excess of USD 4.7 billion and CAGR of 23%. It has its presence in 20 countries with over 1350 outlets and retail space of over 18 million sq. ft and employee base of over 40,000. In addition to its retail sector, the Group has also diversified into leisure, food, hotels and electronics and has created a comprehensive infrastructure including its own logistics and distribution division, to support its retail operations and other businesses.

Landmark Group entered India as Lifestyle International (P) Ltd in 1999 and in a little over a decade has come to be recognized as one of the leading retail companies in the country. Today Landmark Group's India business revenues are in excess of 5280crs, with 41 stores and retail space of 2.5 million sq. ft. Each Lifestyle store brings together five concepts under one roof; Apparel, Footwear, Children's Wear & Toys, Household & Furniture and Health & Beauty, offering convenient one-stop shopping and a choice of over 250 national & international brands. The Group has also has other businesses in India apart from Lifestyle; Home Centre, Splash, Max Fashions, Spar, Citymax.
View Contact Details+
Contact Details

Recruiter Name:Rachit Shah

Contact Company:Lifestyle International Pvt. Ltd.

Email :rachit.shah@landmarkgroup.in

Reference Id:BB/RS

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