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Innovator, Strategist & Business Developer. B2B & B2C Ecommerce Founder and CEO with a successful track record of creating & launching vertically integrated businesses, generating substantial revenue growth & sustained profitability. Entrepreneur & organizational leader.
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Sales AssociateVm Real EstateBluffton, Sc, Us
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Vice President, Global Business DevelopmentCgs (Computer Generated Solutions) Jun 2021 - PresentNew York, Ny, Us -
Founder & Chief Executive OfficerMonkey N Middle, Llc & Bestretail Ecommerce Jun 2011 - Present-Created concept, devised business plan, architected software and launched SaaS B2B eCommerce Platform. Facilitated over $1B in b2b transactions between fashion's leading brands and retailers worldwide while automating process, expanding market reach, increasing sales and reducing overhead.-Secured multiple rounds of capital raise including strategic investment and institutional funding.-Built a team including Sales & Business Development, Software Development, Product Management, Quality Assurance, Operations, Support, Marketing & Financial Management.-Expanded SaaS product offering via the strategic acquisition of BestRetail, a synergistic direct to consumer eCommerce Platform.-Developed strategic roadmap, enhanced product features, drove market awareness and led client acquisition and retention.-Self sourced successful exit of the business to Kliger Weiss Infosystems (KWI)
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Vice President, Commerce Strategy & Business DevelopmentKwi Nov 2017 - Jun 2021Melville, New York, Us-Following KWI's acquisition of my eCommerce platform BestRetail, led the integration efforts, business development, pricing strategy and market positioning alongside KWI's existing technology stack-Top sales leader consistently delivering new multi-million dollar recurring revenue streams -Advise clients and prospects on strategy and execution of omni-channel retail across brick & mortar and digital channels-Strategize technological advancement, process improvement and elevation of customer experience resulting in long term, renewable contracts-2020 Four Seasons Service Award recipient for the relentless pursuit of client satisfaction and achievement of superior results -
Sales Director, Nine WestThe Jones Group Inc. Dec 2008 - Jun 2011-Relaunched the Boutique 9 footwear brand, resulting in $20M annual top line revenue within 2 years-Achieved record sales growth in excess of 500% by elevating brand image, redefining market & distribution strategy, and enhancing the product offering.-Delivered sustained profitability, a first time achievement for the brand-Secured placement in prominent distribution channels including Bloomingdales, Saks, Shop Bop, Urban Outfitters, and many other Top 100 retailers. -
Sr. Sales ExecutiveMarc Fisher Footwear Jan 2008 - Dec 2008Greenwich, Ct, UsResponsible for the wholesale distribution for both the domestic & international Guess footwear license. Executed strategies across multiple tiers including major department stores, e-commerce, independent channels, landed branded, and special make-up. Leveraged valued industry relationships to place and position the brand for long term growth. -
Sr. Director Of SalesKenneth Cole Productions Jun 2003 - Dec 2007New York, Ny, UsManaged a team of dedicated sales, design, customer service, and production professionals to fuel growth for the domestic Unlisted and Reaction men's brands. Developed the landed branded and private label programs, delivering multimillion dollar revenue and margin opportunities, consistently exceeding the divisions goals. Traveled abroad to execute strategies with manufacturers and various other supply chain resources to ensure all objectives were met. -
Associate BuyerMacy'S Aug 2000 - Jan 2002New York, Ny, UsGraduated from the Macy's Executive Training Program in the fall of 2000. Held position of Assistant Buyer for Men's Footwear, responsible for multimillion dollar division across all Macy's doors, domestic and abroad. First graduate of the program to be promoted to Sr. Assistant Buyer and soon after Associate Buyer for Men's Tailored Clothing. Driving branded businesses and forming powerful relationships opened the door for my wholesale career, enabling me to position national brands for growth in the early stages of my career.
Michael Penchansky Skills
Michael Penchansky Education Details
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Indiana University - Kelley School Of BusinessMarketing And International Studies
Frequently Asked Questions about Michael Penchansky
What company does Michael Penchansky work for?
Michael Penchansky works for Vm Real Estate
What is Michael Penchansky's role at the current company?
Michael Penchansky's current role is Sales Associate.
What is Michael Penchansky's email address?
Michael Penchansky's email address is mi****@****dle.com
What is Michael Penchansky's direct phone number?
Michael Penchansky's direct phone number is +120170*****
What schools did Michael Penchansky attend?
Michael Penchansky attended Indiana University - Kelley School Of Business.
What skills is Michael Penchansky known for?
Michael Penchansky has skills like Fashion, Retail, Apparel, Footwear, Wholesale, Sales, E Commerce, Merchandising, Shoes, Brand Development, Strategy, Pricing.
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