SUGAR Cosmetics - Assistant Manager - Business Development & Highstreet Expansion

Assistant Manager - Highstreet Expansion

Company Background:

SUGAR Cosmetics is India's fastest-growing premium cosmetics brand with a product portfolio that has consistently received excellent reviews across its own and partner channels. With a cult-following across millennials, SUGAR targets 25 to 35-year- old women with clutter-breaking products that have rich payoff with its unapologetically bold brand identity. The 7-year old company recently secured its Series B funding from marquee investors A91 Partners, IndiaQuotient, etc. to further accelerate and build an exciting global beauty brand. We are now looking for ambitious, driven individuals to join us on this journey and create experiences of a lifetime and our team.

Position: Assistant Manager - Business Development & Highstreet Expansion

Working Days: Monday to Friday

Location: WeWork Chromium, Jogeshwari - Vikhroli Link Rd, Andheri East, Mumbai, Maharashtra 400076

Sugar Cosmetics raises $50 million led by L Catterton:

https://economictimes.indiatimes.com/tech/funding/sugar-cosmetics-raises-50-million-led-by-l-catterton/articleshow/91898603.cms

Role Expectations:

- Excellent retail expansion experience in the High Street format.

- Should have opened multiple new stores within timelines and budget

- Strong knowledge of high street markets in the assigned regions.

- Strong Communication skills - Proficient in written and spoken English

- Strong computer skills in usage of various tools in MS-Office and Internet

- Excellent in Vendor Management and Vendor Negotiation

- Extremely proactive and energetic.

- Should be able to influence stakeholders to ensure that project deadlines are met.

- Willing to travel extensively and stay for short duration to onboard properties at a fast pace.

Role Deliverables:

- Expansion of the Brand in retail format in the regions assigned through extensive market search and as per budget and criteria.

- Location analysis based on feasibility of business and the brand benchmarks.

- P&L assessment with Business Heads to ensure sustainability of the store.

- Handling project delivery from the vendor for the retail outlets as per Brand SOPs .

- Vendor Management which included proper branding implementation and executions ensuring timely delivery for on time store launch.

- Prompt execution of Lease agreements in coordination with Legal team and the landlord(s).

- Rental renegotiation with the landlords (whenever necessary) to ensure operational feasibility, assuring long term association and maximize profitability.

- Handling landlord disputes, timely payment of rental and amenities in coordination with finance.

- Undertake competition study with reference to look and feel of competition stores, fixtures and processes and share the same for required actions

- Coordinate with Projects / VM / Finance / Legal Team to get the desired.