Merchandiser
Role Overview
Own commercial performance of the Gold category across Damas markets through assortment, inventory, forecasting, product lifecycle, and pricing.
Work cross-functionally with Category, Retail, Finance, Supply Chain, VM, and IT to translate business and market needs into data-driven decisions.
Key Skills for This Role
Full Job Posting
Role Overview
Own commercial performance of the Gold category across Damas markets through assortment, inventory, forecasting, product lifecycle, and pricing.
Work cross-functionally with Category, Retail, Finance, Supply Chain, VM, and IT to translate business and market needs into data-driven decisions.
Merchandising and Planning
- Own merchandising strategy and commercial performance for assigned Gold categories or collections across stores and markets.
- Develop assortment plans by market, store cluster, and product category, maintaining appropriate product breadth and depth.
- Manage Open-to-Buy (OTB) across sales, inventory, intake, and forecast planning.
- Develop and update forecasts using historical performance, trends, seasonality, gold price movements, and market requirements.
- Analyze performance by category, collection, product group, store, and market; identify risks and recommend actions.
Inventory and Product Lifecycle
- Monitor stock availability, weeks of cover, sell-through, ROS, inventory turn, and aged stock; address overstock and out-of-stock situations.
- Manage store and market inventory flow through transfers, replenishment, and stock rebalancing.
- Partner with Retail and Supply Chain on stock availability and timely merchandising actions.
- Manage lifecycle actions from launch through replenishment, markdown, clearance, and final liquidation.
- Develop aged-stock and liquidation strategies balancing inventory recovery, margin, and brand positioning.
Pricing, Reporting, and Data
- Execute gold-rate-driven price changes, ticket updates, promotional pricing, and permanent markdowns accurately and on time.
- Monitor gold price impacts on product pricing, demand, sales, and inventory value; recommend appropriate actions.
- Prepare weekly and monthly commercial performance reviews with trends, gaps, risks, and recommendations.
- Maintain accurate product hierarchy, attributes, collection mapping, pricing, discount codes, and lifecycle status.
- Work with IT and business teams on product data architecture, system enhancements, and merchandising tools.
- Support annual and seasonal planning for sales, inventory, assortment, and intake targets; improve inventory productivity and sales performance.
Qualifications and Skills
- At least five years of retail merchandising experience, preferably in jewellery, luxury, fashion, or another inventory-intensive retail environment.
- Strong experience in assortment planning, OTB, inventory management, forecasting, and product lifecycle management.
- Strong commercial understanding of sales, stock, margin, sell-through, ROS, weeks of cover, and inventory turn.
- Advanced MS Excel proficiency, including data analysis, forecasting, and large datasets.
- Strong analytical and problem-solving skills, translating data into commercial actions and recommendations.
- Planning and allocation system experience; understanding of product and master-data structures is an advantage.
- Able to manage multiple priorities in a fast-paced, highly commercial environment.
- Excellent communication and stakeholder-management skills, attention to detail, ownership, and accountability.
- Proactive, commercially minded, data-driven, and able to identify process improvements.
- Gold or jewellery merchandising experience is highly advantageous.
About Damas Jewellery
Dubai-based private luxury jewellery retailer designing, manufacturing, and selling fine jewellery and watches across the GCC.
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