Merchandising Director

Position

This role will drive brand elevation as well as brand desirability and maximize sales potential through strategic merchandising and creative visual merchandising for Tiffany Korea. This position requires a strategic mindset, strong analytical skills, deep market insights, and a passion for luxury jewelry retail.

 

Responsibilities

Develop merchandising strategies aligned with regional and global objectives. 

• Lead optimized product assortment and inventory level by store typology in collaboration with partnering global and regional functions. 
• Deliver Retail communications on new product launches and major merchandising initiatives.
• Work cross-functionally with other functions to elevate the clients experience and maximize sales performance through strategic merchandising actions. 
• Analyze market and competitors’ pricing positioning and share the local insights to the global team. 

Project accurate product sales plans by category by channels.

• Prepare the product sales plan by category and by key collections for Retail, E-Commerce and Retail Partners for the yearly budget.
• Provide the sales forecast of the newness. 
• Work closely with Demand planning for monthly estimation of detailed sales plans which leads to efficient production and inventory management plans.
• Drive effective collaboration with Inventory planning to ensure optimized inventory supply.

Manage Creative Visual Merchandising

• Ensure consistent in-store product presentation by implementing CVM standards aligned with the global strategies.
• Manage the planning, installation and maintenance of seasonal creative campaigns. 
• Lead the global alignment, budgeting and activations for pop-ups/ins events. 
• Train and foster in-store CVM ambassadors to enhance the effective VM implementation.

Curate the most effective assortment for special events

• Create the event assortment in line with the business objectives.
• Secure elevated High Jewelry offers for the local High Jewelry event. 
• Lead the communication with the global High Jewelry(HJ) team on the HJ performance.

Lead outstanding Team Management, Collaboration and Leadership

• Develop professional staff to be result-driven and self-starting aligned to the Tiffany competency model
• Set clear goals and performance KPIs to guide the team and encourage goal achievement.
• Foster an open communication culture within the team to create a collaborative and innovative environment.
• Drive effective cross-functional collaboration with relevant functions to align the strategic and operational objectives and to maximize the performance. (Retail, Retail Excellence, Finance, Marketing, Operations, etc)

 

Required

• A passion for the luxury jewelry industry with strong merchandising knowledge, planning and analyzing skills
• Over 15 years of working experience, of which at least 2 years of senior managerial role is mandatory
• Ability to interact with flexibility and diplomacy with key stakeholders
• Proactive, creative problem solver
• Highly Proficiency in English
• Bachelor Degree or equivalent
• Fluent in both Korean & English
   

Preferred

• Working experience in global luxury organization
• Jewelry & Watch industry experience
• Solid knowledge base on gemstone, jewelry and timepieces – GIA Certification is a plus