Interim Senior Operations Specialist - Business Development at Farfetch

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Luxury Fashion, RetailIndustries

Requirements

Experience in a contract management or admin related position in a luxury or high-end fashion apparel or accessories company, designer wholesale or showroom
Experience leading on workstreams on large projects
Familiarity with (incomplete in JD, but implied operational/contractual processes in luxury fashion)

Responsibilities

Draft contracts and manage new contract versions
Track and action contract renewals, terminations and help in the management of contractual relationships with internal teams (Finance, Partner Service/Success)
Provide team support on various company projects with a strong contractual and operational lens
Work with the Legal, Internal Control and Audit teams
Keep accurate records of the worldwide database of contracts liaising with the wider BD team (EMEAR, USA, Australia, APAC, Japan) and improve it when necessary
Prepare and communicate regular business updates on global new signings, renewals, terminations and status of our current network of boutiques via visual illustrations and quarterly reports
Manage new boutiques’ set-up documentation coordinating the data with various internal teams
Audit and SOX controls: work with the Business Development team management and the Audit team to ensure processes are compliant with defined internal controls
Pipeline management, launch of enablement of self serve, ownership of DAC7 and INFORM act compliance tasks
Monitor contracts’ status (new and existing) for the EMEAR BD team + APAC
Act as the main point of contact and project manager on projects between the BD team and in office teams (marketing, design, content, legal…)
Work with BDs to understand their requirements, identify and highlight opportunities for improvements of processes
Distribute new retail partners requests and manage the leads database

Skills

Business Development

Operations Management

Contract Management

Partner Relations

Database Management

Project Management

Administrative Processes

Farfetch

Online marketplace for luxury fashion items

About Farfetch

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

London, United KingdomHeadquarters

2007Year Founded

$682.9MTotal Funding

IPOCompany Stage

Consumer Software, Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Flexible Work Hours

Employee Pension Scheme

Risks

Increased competition from Mytheresa could impact Farfetch's market share.

Farfetch faces challenges in maintaining its presence in the Chinese market.

The sale to Coupang indicates potential financial instability for Farfetch.

Differentiation

Farfetch connects luxury brands and consumers through a unique online marketplace.

The platform offers modular, API-enabled technology for luxury fashion brands.

Farfetch provides commerce solutions, enhancing brands' online presence and sales.

Upsides

Virtual try-on technology is gaining popularity in luxury fashion.

Farfetch can capitalize on Yoox Net-A-Porter's exit from China.

Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

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