Commercial Manager - Face
LAB CONCEPT (Hong Kong) Limited
- Company Industries:Wholesale / Retail
Job Information
- Post Date:2018-07-10
- Career Level:Senior
- Location:Not Specified
- Employment Type:Full Time, Permanent
- Job Function:Financial Analyst Analyst Financial Services
Job Description
Job Purpose
To maximize sales and profitability by taking lead in commercial terms discussion with all beauty vendors across locations, developing and managing overall sales plan by location, analyzing business performance and setting sales target by brand. Collaborate with other departments to deliver business unit objectives.
Commercial Discussion and Analysis
- Identify & negotiate best possible terms with 100+ vendors
- Identify opportunities to grow and improve the business on sales and margin through thorough data analysis, give recommendations and implement action plan with the team
- Ensure all vendor agreements are signed/ renewed on a timely manner
Financial Management
- Develop, prepare and communicate annual sales plan by location and by brand
- Monitor and analyze the business, prepare and present necessary reports, recommend necessary actions to the team
Relationship Management
- Work closely with the Sales Operations and Sales Marketing teams to drive, execute and follow through business initiatives to improve sales
- Manage vendors to ensure strong partnerships are formed and maintained
- Plan and present to vendors on seasonal sales targets for mutual agreement
Future Planning
- Review the businesses regularly and identify opportunities for strategic expansion on brand level and on location level
- Support in presenting future plans and expansions
Group/Company Projects
- Lead in Group/Company-wide projects that are related to systems and ensure projects are rolled out smoothly
- Conduct, review and standardize procedures and reports in reviewing Company business performance, and ensure alignment across all BU
Team leadership
- Demonstrate and reinforce the company Vision and Values at all times and provide the necessary leadership to gain commitment from the team
- Monitor and review performance of direct reports and identify individuals who are ready for promotion or require performance improvement plans
- Take appropriate corrective action with team members who falls below standard
- Recognize, reward and celebrate success with the team
To apply for this exciting opportunity, please submit your application on Lane Crawford Career or email your resume and your expected salary to careers@lanecrawford.com
Your contribution and dedication will be rewarded with a competitive salary and benefits package including medical benefits, staff purchase discount, annual leave entitlement, best in-class training, and an exciting and rewarding career.
All information provided will be treated in strict confidence and used for recruitment purposes only.
Company Info
Where Styles Meets Accessibility
Lab Concept is the contemporary retail management arm of The Lane Crawford Joyce Group working in partnership with leading contemporary brands. We handpick dynamic fashion, beauty and lifestyle brands from all over the world, including TOPSHOP TOPMAN. We also operate a 64,000 square foot lifestyle shopping mall in Admiralty, which opened in 2012.
Form our mall in Admiralty to multiple key locations across Hong Kong, including Central, Times Square and Ocean Terminal, we are staying true to our vision of “where style meets accessibility”.
Apart from our fashion exclusives, we also feature over 50 beauty brands in our FACESSS stores – from international favorites to the newest trends in Korean beauty.
A selection of modern food and lifestyle options in the Lab Concept Mall, including Starbucks, I See I See, M&S Food, Crystal Jade and Simplylife completes the lifestyle experience.
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