The Product Manager for the Luxury Division is responsible for the overall strategic direction, development, and management of assigned prestige beauty brands within the L'Oréal portfolio. This role requires a deep understanding of the luxury beauty market, consumer trends, and competitive landscape. The Product Manager will lead cross-functional teams to define and execute product strategies that drive growth, market share, and brand equity within the luxury segment.

Responsibilities:

•    Market Analysis & Opportunity Identification: Conduct thorough market research, analyze consumer insights, monitor competitor activities, and identify emerging trends within the luxury beauty space.

•    Product Strategy Development and Management: Develop and execute comprehensive product strategies for assigned brands, including defining target audiences, product positioning, pricing, and go-to-market strategies. Oversee the product lifecycle from ideation and concept development through launch and post-launch performance analysis, ensuring alignment with brand objectives.

•    Cross-Functional Collaboration: Lead and collaborate with cross-functional teams, including Sales, R&D, Packaging, Finance and Supply Chain, to ensure seamless product development and execution.

•    Financial Management: Manage product budgets, track P&L performance, and contribute to forecasting and financial planning for assigned brands.

•    Brand Building & Equity Enhancement: Develop brand stories & communication strategies. Manage the execution of brand visual in O+O channel to reinforce brand equity and resonate with the target audience.

•    Performance Monitoring & Analysis: Track key performance indicators, analyze sales data, and conduct post-launch evaluations to identify areas for optimization and improvement.

•    Retail Activation: Develop and execute brand activation in retail channel to drive traffic and build brand equity with the intention to increase brand recuirtment.

Qualifications:

•    Bachelor’s degree in marketing, Business Administration, or a related field.

•    4+ years of experience in product management with good understanding of cosmetic products, beauty audience and purchase behavior.

•    Proven track record of successfully launching and managing beauty products.

•    Strong analytical skills, with the ability to interpret data and translate insights into actionable strategies.

•    Excellent communication, presentation, and interpersonal skills, with the ability to influence and collaborate effectively across different levels and functions.

•    Ability to manage multiple projects simultaneously and prioritize effectively in a fast-paced environment.

•    Proficient in Microsoft Office Suite (Excel, PowerPoint, Word).

Additional Skills (Preferred):

•    Experience with product forecasting and P&L management.

•    Knowledge of digital marketing and e-commerce strategies.

•    Familiarity with beauty product development processes and formulations.