Description

Calling all innovators, disruptors, and dreamers!

Join us at L'Oréal, the world's #1 beauty company present in over 150 markets. For over a century, we have been transforming; fueled by data, tech, innovation, and science. Together, we tackle big challenges while making sure we stay committed to making the world a more inclusive and a better place for everyone & our planet. So, let's team up and create the beauty industry of the future together!

Job Title: (Sr.) Product Manager - PRADA - Luxe Division

WHO WE ARE:

In the L'Oréal Luxe Division, we create the very best of luxury beauty. Our Division has an unrivalled portfolio of 23 aspirational brands (Yves Saint Laurent, Khiels, Lancôme, Prada, and Urban Decay to name a few) and an incredibly talented team of 28k experts, making it perfectly equipped to meet the endless and all-encompassing demands of luxury consumers around the world.

A DAY IN THE LIFE:

Lead the strategic vision and execution for PRADA Beauty within L'Oreal's Luxe Division in Korea, driving market share growth by strategically orchestrating new product launches and maximizing the performance of key pillars. This role encompasses a holistic view on the entire product lifecycle, from campaign planning and execution to market trend analysis, sales performance reporting, and sustainable inventory management.

• Product Strategy & Management:
  • Develop and implement the overall product strategy for the assigned category, aligning it with broader business objectives and market trends.
  • Conduct in-depth market research, competitive analysis and consumer insights gathering to identify growth opportunities and inform product strategy.
  • Manage the product lifecycle from concept to launch, ensuring seamless execution across all touchpoints.
• Marketing & Campaign Management:
  • Lead the development and execution of 360° integrated marketing campaigns (IMC/Digital/Retail) across all consumer touchpoints.
  • Manage campaign budgets, track performance against KPIs, and optimize ROI.

• Develop compelling marketing materials, including digital assets and point-of-sale (POS) materials.
• Inventory Management & Forecasting:
  • Collaborate with the demand planning team to develop accurate sales forecasts and manage inventory levels.
  • Minimize stock-outs and obsolescence while ensuring optimal product availability across all channels.
• Budget & Cost Control:
  • Manage the budget for the assigned category, including expense tracking and variance analysis.
  • Negotiate with vendors and agencies to secure favorable pricing and maximize cost efficiency.
• Cross-Functional Collaboration:
  • Build strong relationships and effectively collaborate with cross-functional teams, including Sales, RA, DP and DMI to ensure seamless product launch execution.
  • Manage external agencies and partners, ensuring alignment with brand guidelines and project objectives.

WHO YOU ARE:

• Education: University graduate
• Years of Experience: 3-6 years
• Experience:
  • Minimum 3-years' experience in cosmetic industry
  • Deep Understanding of the Korean Beauty Landscape
  • Excellent Communication, Interpersonal
• Language: Business Fluency in Korean and English
• Other Skills: Proficient in Excel and PowerPoint

WE ARE ENGAGED & COMMITTED:

We're committed to guaranteeing inclusive recruitment processes and to advocating for hiring and promoting each candidate in an ethical and equitable way.

The Group strictly prohibits discrimination against any applicant for employment because of the individual's gender identity or expression, sexual orientation, visible and/or invisible disabilities, socio-economic and/or multicultural origins, health conditions, age, religion or any other characteristics protected by law.

We are proud to be an equal opportunity employer.

(*Please attach your updated Eng. resume when you apply.)