Retail Merchandising Manager

RE-IMAGINA PLAY YOUR PART. EVOLVE ICONIC . At Ferragamo, we're more than just building a Brand and you’re more than just joining a Team. We’re committed to evolving and innovating sustainably with the unique blend of elegance and contemporary that has always defined us. Redefining luxury fashion. We take pride in our work and all of us play a part in our success. We strive for excellence and taking responsibility for our decisions. We win together with Passion. Thinking, creating, and succeeding as one team. Here, we’ll inspire you to push barriers and strive for milestones that leave a lasting mark. You’ll feel supported in developing your skills and qualities, stimulated to learn by growing both personally and professionally. Let’s Evolve Iconic and create a new exciting chapter JOB TITLE Merchandising Manager – Women's & Men's Leather Goods DEPARTMENT Merchandising REPORTING LINE Merchandising Director JOB DESCRIPTION The Merchandising Manager is responsible for driving the merchandising strategy and business performance of Women's and Men's Leather Goods categories in Korea, ensuring alignment between global brand direction and local market opportunities. The role oversees assortment planning, buying, allocation and inventory management, while identifying business opportunities to maximize sales, profitability and stock productivity. Working closely with Regional/HQ Merchandising, Planning, Retail and other key stakeholders, the position translates market insights and business performance into actionable merchandising strategies. MAIN RESPONSIBILITIES 1. Merchandising Strategy & Assortment Planning Develop and execute seasonal merchandising strategies aligned with global collection direction, local market needs and business objectives. Define optimal assortment and category mix, balancing core products, newness and seasonal opportunities. Lead seasonal buying and store-level order placement in line with global guidelines, OTB and stock targets. 2. Business Performance & OTB Management Monitor sales, sell-through, stock levels and key KPIs by category and store. Drive sales, gross margin and inventory productivity through data-driven business actions. Manage OTB, seasonal buying commitments and replenishment opportunities in partnership with Planning. 3. Inventory & Stock Optimization Ensure optimal stock allocation and replenishment across stores to maximize sales opportunities and stock productivity. Identify excess and slow-moving inventory risks and implement appropriate action plans. Align inventory investment with category potential, sales forecasts and business priorities. 4. Market Intelligence & Collection Feedback Monitor market trends, competitor activities, consumer behavior and pricing strategies. Provide market insights and seasonal collection feedback to Regional/HQ teams to support future product development. Identify product strengths, commercial gaps and opportunities to improve local assortment relevance. 5. Cross-functional Collaboration & Business Partnership Collaborate with Regional/HQ Merchandising, Planning, Retail and Visual Merchandising teams to ensure effective execution of merchandising strategies. Support seasonal launches, store openings and key visual merchandising initiatives. Deliver seasonal product and category training, providing business insights and recommendations to internal stakeholders. REQUIREMENTS Bachelor's degree or above. Minimum 7–8 years of relevant experience in Merchandising or Buying, preferably in the luxury fashion industry. Strong analytical, numerical and commercial skills. Proficiency in SAP and Microsoft Office, particularly Excel and PowerPoint. In-depth knowledge of the Korean luxury market, consumer behavior and fashion trends. Strong understanding of competitor landscape, product assortment and pricing strategies. Excellent verbal and written communication skills in both Korean and English. Experience in Leather Goods merchandising is preferred, but not mandatory. Show more Show less