Senior Director, Product Development & Sourcing (Famehouse) at Universal Music Group

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Music, Entertainment, MerchandiseIndustries

Requirements

Tenured Product Development (PD) & sourcing experience across multiple product categories, including Apparel, Hardline, and Softline Accessories
Ability to establish and maintain partner relationships with current vendors and source new suppliers
Expertise in competitive pricing, new ideation, quick turn times, quality control, and on-time deliveries
Experience directing PD strategy for merchandise and accessories, and managing business relationships with finished product suppliers
Ability to work in a fast-paced, high-volume environment supporting Retail, E-commerce, Tour, and Popup development in UK and EU markets
Strong collaboration skills with cross-functional teams, Brand Management, Label Partners, Artist Management, Technical Design, and Creative Teams

Responsibilities

Serve as front-facing position, working closely with Brand Management and Label Partners
Develop/source new and existing fabric, trims, washes/dyes vendors for all upcoming development
Develop and maintain libraries for fabric and wash developments
Leverage trade tools to stay updated with trends, foresee new product opportunities, and identify new factories or expand existing ones in growing countries
Direct the Technical Design Team and Creative Team to ensure complete technical packages are prepared to initiate development
Initiate time and action calendars and drive activity with cross-functional teams and Artist Management to stay on schedule
Manage pre-production/development timelines, review reports, and recommend solutions to exceptions
Manage all details of the development process, including sampling submits, and communicate design comments to vendors to meet expectations
Work with Technical Design to ensure proper FIT comments are sent
Collaborate with Brand Management and Creative Teams to develop a final executable production assortment
Negotiate and cost engineer products with vendors across multiple programs, ensuring alignment with retail price points and margin requirements
Manage overall pricing and P&L analysis with Finance to ensure margin targets

Skills

Product Development

Sourcing

Merchandise Management

Apparel

Hardline Accessories

Softline Accessories

Retail

E-commerce

Tour Merchandise

Popup Development

Universal Music Group

Global music recording, publishing, and distribution

About Universal Music Group

Universal Music Group (UMG) operates as a major player in the global music industry, engaging in recording, publishing, and distribution across over 60 countries. The company works with a wide range of clients, from famous artists like Elton John and Taylor Swift to new and independent musicians. UMG's operations include selling physical and digital music, streaming services, licensing music for various media, and organizing live performances. The company signs artists to contracts, produces their music, and manages their publishing rights, while also offering marketing and promotional services to help artists expand their reach. UMG generates revenue through multiple channels, including music sales, streaming subscriptions, licensing fees, live performances, and merchandise. This diverse approach allows UMG to maintain its leadership position in the music market by providing comprehensive support to artists and capitalizing on various revenue opportunities.

Santa Monica, CaliforniaHeadquarters

1934Year Founded

$3,890.9MTotal Funding

IPOCompany Stage

Consumer Goods, EntertainmentIndustries

10,001+Employees

Benefits

Competitive Salary

401k

Flexible PTO

Medical, dental, visiion insurance

Student Loan Repayment Assistance & Tuition Reimbursement

Well-Being Allowance

Risks

Legal battle with Drake over 'pay-for-play' could harm UMG's reputation.

Downtown Music acquisition may face regulatory scrutiny, delaying expansion plans.

AI partnership with Amazon may not fully address evolving AI content challenges.

Differentiation

UMG leads the music industry with a diverse global presence in 60+ countries.

UMG's artist-centric streaming model enhances engagement and revenue for musicians.

UMG's strategic partnerships, like with Amazon, bolster innovation and content protection.

Upsides

UMG's acquisition of Downtown Music boosts its independent music sector presence.

Partnership with KLAY Vision positions UMG as a leader in AI-driven music innovation.

Collaboration with WPP enhances UMG's marketing capabilities and global reach.

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