Job Description
Salary: N500,000
We are looking to hire a highly qualified and experienced Fashion Retail Manager to oversee our client’s fashion store. The Fashion Retail Manager is responsible for overseeing the daily operations of the store.
Responsibilities
- Create a unique retail experience in line with the brand
- Manage the shop to ensure a creative and inspiring layout, lighting and stock display
- Set annual trading budgets and targets
- Full responsibility for managing the retail trading budget and profit and loss account, monitoring performance against agreed key performance indicators (KPI’s)
- Develop and maintain suitable measures and systems for controlling stock control, to ensure sufficient levels of stock at minimum stock holding and to keep write-off stock to minimum
- Maximize retail turnover and profit working to grow the business in order to support the brand’s ongoing financial viability
- Ensure effective systems for cash handling and retail banking are in place, reviewing and updating business processes as necessary
- Ensure that the shop offers visitors a range of products at appropriate pricing levels and meets the organizations income targets
- Ensure compliance with all policies and procedures through retail management and staff meetings, store walk-through and audits, etc.
- Continually evaluate and react to performance issues and actively recruit retail candidates
- Monitor low performing brands and suggest methods to drive quick, sustained and effective turnaround in performance
- Prepare and control the store’s budget aiming for minimum expenditure and efficiency
- Monitor stock levels and purchases and ensure they stay within budget
- Deal with complaints from customers to maintain the store’s reputation
- Inspect the areas in the store and resolve any issues that might arise
- Plan and oversee in-store promotional events or displays
- Keep abreast of market trends to determine the need for improvements in the store
- Analyze sales and revenue reports and make forecasts
- Perform any other tasks as assigned.
Skills & Requirements
- BSc. / HND in Marketing, Business Administration, or a related field
- Experience in luxury industry
- Minimum of 5 years’ experience as a Retail Manager
- Professional certification will be an advantage
- Working knowledge of the fashion industry
- Knowledge of consumer spending trends and buying patterns
- Excellent customer-facing skill
- Knowledge and understanding of business policies and procedures
- Ability to create detailed spreadsheets, charts, and presentations
- Highly proficient in the use of Microsoft Office tools
- Must have the ability to navigate stressful situations
- Excellent time management skills
- Strong interpersonal skills
- Good intuitive, negotiating, and analytical skill
- Excellent written and communication skill.
- Passionate about fashion, design, art, culture, luxury
- Must be organized and detail oriented
- Must be professional in attitude and appearance
- Must be a good team player
- Possess a strong emotional intelligence
- Must demonstrate a high level of confidentiality
- Must be willing to work long hours and be very responsive
- Must have a friendly personality.