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    09/03/2024

    BALENCIAGA Retail Director

    Balenciaga - Regular
    Seoul - Korea, Republic of

    About us Cristóbal Balenciaga founded the House in 1917 in his home of Spain. In 1937, he established the brand in Paris, designing its collections there until 1968. Cristóbal Balenciaga had a reputation as a couturier of uncompromising standards and was referred to as "the master of us all" by Christian Dior and as “The Couturier of the Couturiers” by Gabrielle Chanel. The ultra-modern shapes were trademarks of the house. While the brand’s identity is firmly rooted in its highly conceptual prêt-à-porter collections, its leather goods, footwear, and accessories experience worldwide success as well. Among the archetypal products of the House are its handbag collections. A new focus on the development of Balenciaga ready-to-wear collections for men was quickly established as highly successful. Since October 2015, Demna has designed both men’s and women’s collections as the artistic director. The Balenciaga House, part of the Kering group since 2001, is one of the most influential names in fashion. We are currently seeking a Retail Director who will report to General Manager in Korea.

    Your opportunity

    To elevate client experience and service levels while managing the complexity of Balenciaga duty-paid and duty-free businesses in Korea. Has a solid understanding of how both channels should complement each other and how teams can partner effectively. This role will be charged with developing a comprehensive business perspective of Korea as well as animating and motivating cross functional teams supporting overall Balenciaga business.

    How you will contribute

    Retail Performance Management

    • Drive overall retail performance in both duty-paid and duty-free stores by implementing best retail practices
    • Achieve all retail KPIs: VOC, conversion, cross selling, average value per transaction, units per transaction
    • Define and implement the business strategy with a specific focus on net sales, conversion, personal productivity, margin and customer satisfaction
    • Oversee implementation of business plans working closely with store teams and corporate partners

    Client Development and Service

    • Create a service-driven work environment with clients at the center by motivating and empowering teams to drive business through innovation
    • Ensure store service standards by establishing a luxurious selling ceremony, superlative client service, and standardized expectations of client outreach; all aiming at achieving a consistently high level of client service
    • Participate in buying sessions working with Store Managers and Merchandising team to customize assortment for each store’s local clientele and market
    • In partnership with store leadership and office teams, develop a strategy for client engagement activities

    Business Development

    • Build market position by locating, developing, defining, and closing business relationships
    • Develop partnerships with department stores, arrange business development meetings with prospective clients
    • Discovers and explores business opportunities, screen potential business deals by analyzing market strategies, deal requirements, and financials
    • Develop negotiating strategies and positions
    • Closes new business deals by coordinating requirements; developing and negotiating contracts; and integrating contract requirements with business operations

    Fiscal Performance Management

    • Ownership of store P&L and budget input
    • Partner with Finance on budgeting and expense related activities
    • Partner with cross functional teams to establish sales plans for stores
    • Monitor store sales, traffic and work with Retail Manager and store management to address as needed

    Leadership & Talent Management

    • Set strategic objectives and vision for stores to drive focus on service and increase sales
    • Identify, coach and develop store talent; build appropriate succession plans. Key focus on elevation of leadership capabilities within store management teams
    • Promote clear performance expectations to effectively manage out poor performers while creating recognition programs for high performers
    • Work with HR partner to evolve recruitment and retention practices
    • Partner with Human Resources on all employee related issues

    Who you are

    • 15+ years of luxury retail leadership experience with a keen financial and strategic understanding of the business, preferably in a multi store environment
    • Experience in business planning and management, projects analysis and implementation, business processes applications. Thorough knowledge of sales/distribution processes and applied selling/commercial skills
    • Relationship focused and strong ability to build collaborative partnerships with department stores, cross functional teams, peers and stores
    • Comfortable with ambiguity and strong ability to multi-task projects in a dynamic, complex environment (multiple stores, responsible for large teams)
    • Excellent people leadership and interpersonal skills with proven ability to inspire, develop and empower teams
    • Fluent in English

    Why work with us?

    Balenciaga is committed to thriving your professional development within the House or in the Kering group. We empower leaders to create, build and sustain high performing teams that excel in execution. We guide every employee to reach their full potential in a stimulating and fulfilling workplace environment.

    Diversity Commitment

    Balenciaga is committed to fostering a diverse workforce. We believe that diversity in all its forms - gender, age, nationality, culture, disability, sexual orientation - enriches the workplace and our client experience. As an Equal Opportunity Employer, we welcome all applications and select our talents based on competencies and in alignment with our brand behaviors. Setting people for success is what we live for. It is part of our interview process to discuss with you how to excel in our company.

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