Head Of Buying - Clothing And Home | Retail | Marks & Spencer
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Job Description
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 worlds 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 Head of Clothing Buying and Merchandising will be the visionary leader shaping the customer experience across seven dynamic markets with 50 stores. This role involves extensive travel to our MENA markets and the UK for seasonal buying fairs, contributing to the strategic commercial planning, pre-buying, and responsive market adaptation.
Role Challenges and Opportunities : Navigate the intricacies of commercial trading planning, maintain agility in response to market changes, and influence strategic thinking to bring the right products to our diverse markets.
Team and Reporting Structure: Lead a dynamic team of 29 with direct reports comprising four individuals. Collaboration with cross-functional departments is pivotal, and a newly created role for Space Planning, Cataloguing, and Grading Manager adds a unique dimension to our team.
Marks & Spencer MENA currently operates in 7 Markets: UAE, Kuwait, Qatar, Bahrain, Egypt, Lebanon and Oman. Candidate must be able to travel to the above Markets plus to the UK to attend Seasonal Buying Fairs.
Company Culture and Values: At Marks and Spencer, we prioritize cultural alignment with values centered around Inspiration, Innovation, In Touch, and Integrity.
What You Will Do
Your success will be measured by delivering the buying and sales plan, implementing effective succession planning, formulating business unit strategy, utilizing prompt data and AI for optimal product placement, and launching brand propositions effectively by:
- Shaping Customer Vision:
Constantly seeking business opportunities to increase Sales and Cash Margin.
- Sales and OTB Planning:
Ensuring effective OTB planning and e-Commerce Buy.
- Range Detail Planning:
Overseeing Core Stock, Fashion Newness, and controlled Markdown Spend.
- Product Selection:
Implementing a strategic buying approach and optimizing market opportunities.
- Trade:
Ensuring effective communication and execution of promotional strategies.
- Market Awareness:
Engaging in quarterly comp shops and market visits to drive a competitive price position.
- Stakeholder Engagement:
Engaging with key stakeholders to drive BU objectives and conducting engaging seasonal briefs.
- Leading People:
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Candidate Profile:
Qualifications and Experience:
- Minimum 10 years experience in Fashion Buying and Merchandising.
- Generalist retail experience in both clothing and home retail.
- Strong brand principles and collaboration skills.
- Experience in people succession planning.
- Understanding of customer market demographics.
- Proven leadership and team management in a retail merchandising environment.
- Strategic thinker with a track record of achieving KPIs.
- Cultural alignment with Marks and Spencers values.
- Ability to navigate commercial trading complexities.
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, 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 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…
Skills
Team ManagementFinancial ServicesOptionsSalesTradingTradeCommunicationAgileCustomer ExperienceEffective CommunicationFinancialStrategyManagementIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
At Al-Futtaim, we recognise that investing in our people is the most important investment we will ever make, and the best way to ensure we achieve our business goals together.
We have come a long way and to grow in today’s competitive and ever changing global economy, we have set our sights and standards high – and seek to exceed them. Our strength is in our diversity; in the 100+ nationalities that make up our workforce, in the vast portfolio of international brands that we represent, and the many countries that we now operate in.
The only way we can grow together as a strong and cohesive global organisation is through our strongest asset – our people. We offer employees numerous career opportunities, in a culture that rewards quality performance and supports them in their journey to success, all whilst working for world famous brands.
Every employee is supported to grow to their full potential through better learning and development opportunities to ensure that their careers at Al-Futtaim are enjoyable and long lasting. We also aim to attract and retain the best talent to make Al-Futtaim a stimulating workplace, where people want to come and work, and where people stay and aspire to grow with our businesses.
Important dates & deadlines?
Application Deadline
08 Apr 24, 06:30 PM IST
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