Luxury Retail Manager at a Fashion Store - HR-Aid Consults

HR-Aid Consults - Our client, a fashion store, is recruiting highly qualified and experienced candidates to fill the position below:

Job Title: Luxury Retail Manager 

Location: Ikoyi, Lagos
Employment Type: Full-time

Job Summary

• 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.

Salary
N500,000 Monthly.

Application Closing Date
29th April, 2025.

How to Apply
Interested and qualified candidates should send their CV to: talent@hr-aidconsults.com using the Job Title as the subject of the mail.