PURPOSE & OVERALL RELEVANCE FOR THE ORGANIZATION:
KEY RESPONSIBILITIES:
FUNCTIONAL
:- To identify and evaluate all real estate opportunities through executing strategic portfolio planning, site visits, site selection metrics and criteria, demographic analysis and research to ensure the best locations for the brand are secured
- To manage metrics and criteria for which site selection decisions will be made (research analytics, financial performance, revenue prediction models)
- To negotiate letters of intent and key lease deal points to the brand’s advantage
- To present the adidas Group’s retail concepts to prospective landlords
- To identify franchise opportunities with multiple and cross border landlords to achieve best possible deal making
- To manage external Real Estate resources in locating and evaluating potential sites, especially the cross-border strategic landlords
- To manage the creation of site justification packets as part of the capital approval processes.
- To evaluate existing store portfolio to actively drive rent reductions, recommend lease renewals and terminations and negotiate renewals and extensions where appropriate
CONTROLLING
:- To measure progress on own KPIs
- To report to all superiors
- To monitor all reports
- To monitor and report on customers and competitors sell-through and activities, and propose/initiate/take actions
- To provide realistic plans
KEY RELATIONSHIPS:
- Global Retail Centre of Excellence (CoE)
- Customers/Partners
- CoE Expansion
- Market Retail team including:
- Retail Back Office (RBO) team (within both Lead and Multifunctional Markets)
- Regional Real Estate Director
- Franchise & Retail Director & Managers
- Manager Store Development
KNOWLEDGE, SKILLS AND ABILITIES:
- Good IT skills (Word, Outlook, Excel, PowerPoint)
- Good numeracy, literacy, verbal and written communication skills
- Geographical mobility
- Fluent in Arabic & English
REQUISITE EDUCATION AND EXPERIENCE / MINIMUM QUALIFICATIONS:
- Functional: 6-8 years retail specific real estate site selection experience, preferably with a major mall-based retailer
INDUSTRY:
ideally in apparel/fashion/shoes or FMCG- Previous leadership experience
- Exposure: Sports, store implementation, Real estate community, legal partners
- University degree with an emphasis in real estate or finance preferred, or equivalent professional experience
AT ADIDAS WE HAVE A WINNING CULTURE. BUT TO WIN, PHYSICAL POWER IS NOT ENOUGH. JUST LIKE ATHLETES OUR EMPLOYEES NEED MENTAL STRENGTH IN THEIR GAME. WE FOSTER THE ATHLETE’S MINDSET THROUGH A SET OF BEHAVIORS THAT WE WANT TO ENABLE AND DEVELOP IN OUR PEOPLE AND THAT ARE AT THE CORE OF OUR UNIQUE COMPANY CULTURE: THIS IS HOW WE WIN WHILE PLAYING FAIR.
COURAGE: Speak up when you see an opportunity; step up when you see a need..
OWNERSHIP: Pick up the ball. Be proactive, take responsibility and follow-through.
INNOVATION: Elevate to win. Be curious, test and learn new and better ways of doing things.
TEAMPLAY: Win together. Work collaboratively and cultivate a shared mindset.
INTEGRITY: Play by the rules. Hold yourself and others accountable to our company’s standards.
RESPECT: Value all players. Display empathy, be inclusive and show dignity to all.
AT ADIDAS, WE STRONGLY BELIEVE THAT EMBEDDING DIVERSITY, EQUITY, AND INCLUSION (DEI) INTO OUR CULTURE AND TALENT PROCESSES GIVES OUR EMPLOYEES A SENSE OF BELONGING AND OUR BRAND A REAL COMPETITIVE ADVANTAGE.
– CULTURE STARTS WITH PEOPLE, IT STARTS WITH YOU –
BY RECRUITING TALENT AND DEVELOPING OUR PEOPLE TO REFLECT THE RICH DIVERSITY OF OUR CONSUMERS AND COMMUNITIES, WE FOSTER A CULTURE OF INCLUSION THAT ENGAGES OUR EMPLOYEES AND AUTHENTICALLY CONNECTS OUR BRAND WITH OUR CONSUMERS.
