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Proven expertise in financial operations and leadership roles within global luxury brands, encompassing corporate strategy, operations, international supply chain, forecasting, and analysis. Areas of expertise include:Corporate Financial Strategy | Operational Leadership | Financial Planning & Analysis | Budgeting | Human Resources | Business Development | Store Expansion | Capital Expenditures | Contract Negotiation | Accounts Receivable
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Vice President Real EstateTumiNew York, Ny, Us -
Vice President Real EstateTory Burch Nov 2022 - PresentNew York, Ny, Us -
Vice President Real EstateDavid Yurman May 2021 - Nov 2022New York, Ny , Us -
Senior Director Global Real EstateTiffany & Co. Jul 2018 - May 2021New York, New York, UsFormulate global real estate strategy for 400 worldwide retail and trade locations. Responsible for site selection, lease negotiations, LL relationships, and overseeing all broker relationships. -
Director Of Real EstateDavid Yurman Jun 2016 - May 2019New York, Ny , UsHead all lease negotiations and identification of new store locations within the United States, Canada, and Latin America. Execute optimal long term real estate strategy that maximizes retail distribution while maintaining luxury image of the Brand. -
Real Estate ConsultantLuxury Goods Industry 2015 - 2016
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Luxury Goods ConsultantCrown Acquisitions Inc. 2013 - 2014New York, New York, UsDrove business development opportunities by cultivating relationships between principals of a leading commercial real estate firm and potential retail tenants within the luxury goods space. • Identified appropriate Crown-owned properties in the US/Canada for prospective luxury goods tenants. • Leveraged network of industry contacts to qualify leads and solidify prospect meetings on behalf of the firm. • Presented potential retail partners to management with goal of developing long-term relationships. -
Director Of Finance & Real Estate Strategy–Saint Laurent ParisKering 2005 - 2013Paris, FrOversaw financial operations and business development for the Saint Laurent Paris and Gucci Group Watch divisions within the Kering organization. •Managed annual budget and quarterly forecasting for YSL America retail and wholesale businesses, partnering with the merchandising group to define and achieve sales and margin goals for the brand. •Negotiated leases and led retail expansion efforts in the US, Canada, Mexico, and Brazil to increase the YSL brand portfolio from 10 to 30 stores over 3 years while driving a 30% increase in annual profits. •Presented monthly variance analysis detailing sales, gross margin, capital expenditures (CAPEX), and expenses to the leadership team in Paris. •Created economic value added (EVA) profitability model that was used by senior management to select and prioritize new business development and growth initiatives. •Worked with supply chain to ensure timely delivery of inventory for directly operated stores (DOS) and retail partners, and ensure compliance with CITES and other applicable trade regulations. •Partnered with GGW president to develop strategies to increase market share and wholesale distribution for the Gucci watch product line, with direct responsibility for budgeting, forecasting, and product pricing for the Americas. •Ensured timely cash collection and reduction in day’s sales outstanding (DSO) in partnership with accounts receivable. •Structured compensation and commission agreements while outlining sales team incentives. •Worked with Kering’s legal department to facilitate retailer and distributor contracts and provide support for corporate litigation. -
Director Of Finance & Sales Administration – Estée Lauder/Clinique InternationalThe Estée Lauder Companies Inc. 1999 - 2005New York, Ny, UsResponsible for the approval and oversight of Estée Lauder’s domestic operating and capital budget exceeding $185M. Managed a $15M marketing, creative, and education budget and oversaw financial operations for the Clinique product line across 30 international markets. • Supervised a staff of 4 analysts in all reporting, budgeting, forecasting, and planning activities.• Prepared financial goals for all field sales personnel with regard to net shipments, gross margin, salary expense, advertising and promotional expenditures, training expense, turnover, productivity, and net operating profit.• Presented quarterly P&L review of all retail relationships to ensure optimal terms of trade for the company.• Negotiated counter construction and cosmetic installation agreements with all retailers.• Responsible for collecting over $2M in delinquent construction payments owed to Estée Lauder.• Provided feasibility studies of new product concepts, and estimated sales volume, cost of goods, and retail prices across all international markets.
David Seidman Education Details
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The Wharton SchoolFinance
Frequently Asked Questions about David Seidman
What company does David Seidman work for?
David Seidman works for Tumi
What is David Seidman's role at the current company?
David Seidman's current role is Vice President Real Estate.
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What is David Seidman's direct phone number?
David Seidman's direct phone number is +121762*****
What schools did David Seidman attend?
David Seidman attended The Wharton School.
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