A business development director in the jewelry industry is responsible for driving growth by identifying new opportunities, building strategic partnerships, and executing business strategies to expand the brand's market presence
This role typically requires a strategic and results-oriented individual with strong business acumen, communication skills, and experience in the luxury or fashion retail sector.
Key responsibilities and qualifications
- Strategic planning:Develop and implement long‑term business strategies to drive growth and market expansion.
- Partnership development:Identify and cultivate relationships with key stakeholders, from local teams to international partners, and explore new business opportunities.
- Market analysis:Stay informed about market trends, competitive landscapes, and customer behavior to inform business decisions.
- Cross‑functional collaboration:Foster collaboration between various departments, such as retail, marketing, and design, to ensure alignment with business objectives.
- Financial acumen:Possess a strong understanding of financial metrics and a focus on sales, profitability, and key performance indicators (KPIs).
- Leadership and communication:Lead, inspire, and develop teams while building strong relationships across all levels of the organization and externally.
- Travel:Be prepared to travel frequently to meet with stakeholders and explore new markets.
Required experience
- Experience:Typically requires a minimum 5 years of professional experience, with a significant portion in the retail industry (especially fashion or luxury goods).
- Managerial role:Previous experience in a supervisory or managerial role is often necessary.
- Commercial background:A marketing background and commercial exposure are highly beneficial.
- Skills:Proven ability to manage multiple projects, adapt to a fast‑paced environment, and maintain a high level of attention to detail.