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At Richemont Americas, we aspire to reflect the ever-changing world around us. We are proud to employ talent from many different backgrounds, experiences, and identities to build a continually evolving, inclusive community where the diversity of our colleagues and clients is rich and celebrated. We believe when inclusion is fully embraced and empowered, creativity and knowledge emerge to deliver excellence, advancing the community that is uniquely Richemont Americas. Intern, Strategy & Business Development Business Development | New York, NY
Reports to: Business Development Manager
Embark on an enriching journey this summer by joining our dynamic and highly engaged MBA Summer internship program at Richemont!
WE WELCOME Passionate and enthusiastic students eager to gain firsthand experience and contribute to the daily operations and exciting projects within the high-end luxury sector, spanning jewelry, timepieces, fashion, and accessories. If you’re curious about the intricate world of luxury brands and ready to make an impact, we welcome you.
YOUR INTERNSHIP EXPERIENCE As an MBA intern, you will be fully immersed in Richemont’s vibrant organization and unique culture, engaging in a wide array of activities across our prestigious Maisons. You will play a vital role, assisting your dedicated team in executing brand or functional strategies, and contributing to key initiatives and projects that drive development and understanding in areas such as sales, culture, analytics, and service.
INTERNSHIP TITLE MBA Intern – Strategy & Business Development, Richemont NA, New York
ROLE OVERVIEW Richemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewelry, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.
The Strategy & Business Development MBA Intern will play a pivotal role in supporting strategic initiatives and business growth within the team. This position involves comprehensive research and analytical tasks, including preparing detailed reports and presentations on market trends and consumer behavior. The intern will contribute to strategic development by conducting competitive analysis, supporting business development plans, and assisting in formulating recommendations to drive the business forward. Additionally, the role requires active participation in multi-functional regional projects, ensuring effective stakeholder alignment and clear communication of project progress. This internship offers a dynamic opportunity to apply analytical skills and strategic thinking to real-world business challenges.
Key Responsibilities
Research, analysis and reports:
- Prepare PowerPoint presentation decks and reports to key stakeholders and Management (local market and macroeconomics trends, consumer behavior, market intelligence, etc.)
- Support Manager in analyzing monthly sales data, and forecasting how economic factors may affect future sales
- Align with regional stakeholders and Group stakeholders on content and format
Strategy
- Support the development of reports, presentations, and strategic analysis, as needed, and partner with the Manager to make recommendations for driving the business forward
- Conduct competitive research highlighting trends and competitor activity in the Americas
- Support in implementing business development plans and initiatives that enable Maisons to meet and exceed sales and marketing targets
Projects
- Support on key multi-functional regional projects
- Ensure alignment among the internal and/or external stakeholders
- Ensure all critical issues are addressed properly, efficiently, and judiciously
- Support in preparing regular communications to key stakeholders and Management on project progress, status and challenges
YOUR PROFILE
- Currently enrolled in an accredited university or college program, pursuing an MBA degree
- Strong quantitative and analytical skills; economic, accounting and statistics knowledge required
- Ability to think critically to weigh the pros and cons of different solutions to a problem
- Strong leadership and interpersonal skills, results-oriented.
- Robust organizational skills, experience in project management
- Ability to work strategically and collaboratively across departments and all levels of management
- Proficiency in Excel and PowerPoint
- Experience in the luxury industry is a plus
- Available to commit to a full-time schedule throughout the entire duration of our Summer Internship Program from June 1st to August 7th.
- Legally authorized to work in the United States. Please note: International students must possess a current work visa; Richemont North America does not sponsor work visas for summer internships.
- Must be 18 years of age or older by the start of the program.
WE OFFER
- A stimulating and competitive work environment, surrounded by passionate professionals dedicated to excellence.
- The opportunity to gain invaluable insights into the luxury goods industry, laying a strong foundation for your future career.
- Benefit from a dedicated Mentor, a subject matter expert and leader, who will guide your immersion and ensure a rich, supportive learning experience.
- This is a paid internship, offering competitive compensation.
- Compensation: $30/hourly.
Please note: Interns are responsible for their own housing and travel arrangements.
