Eric Magun: Senior Executive | Luxury Home Fashion Industry Expert (Furniture/Lighting/Decor) in Long Beach, California
Eric Magun
Senior Executive | Luxury Home Fashion Industry Expert (Furniture/Lighting/Decor)
Long Beach | US
Skills
- Product Management
- Branding
- Operational Excellence
- Business Management
- Sales and Marketing
Interests
Filmmaker
Director
Author
Industries
Lifestyle
Work experience
Flitzroy, Inc. "Redefining Home, Inspiring Lives"
Executive Consultant | President and COO | 07/2024 - Current
https://www.flitzroy.com/home
Welcome to Flitzroy, where we're revolutionizing the home goods industry with our design-led, sustainable, and premium furniture and decor. As a lifestyle brand, we're committed to helping you transform your house into a home that truly reflects your unique style and personality.
Lakeshore Learning Materials
Vice President | Global Sourcing & Furniture | 12/2022 - 07/2024
● Champion Diversifying Global Supply Chain to mitigate potential risks and build a "future proof" partner pipeline throughout SE Asia to support rapid growth.
● Lead, hire and train all sourcing teams in US and Asia.
● Identify and Qualify Global New Vendors for capacity expansion on high growth product lines.
● Direct Cross Functional teams and implement best of class processes/procedures to optimize New Product Development timelines and Initiatives.
● Coordinate Dual Source initiatives to maximize Supply Chain alternatives, reducing tariffs, resulting in higher gross margins and increased capacity.
Tala
Chief Executive Officer | 02/2020 - 08/2022
● Positioned the company as the fastest growing UK lighting brand while maintaining the “Definitive Zero-Carbon Lighting Brand” mission, heading ESG oversight towards B-Corp status.
● Guided the company through value expansion, maintaining P&L accountability.
● Champion all new product development, strategic global sourcing, and operations.
● Identified additional revenue streams, product categories, & licensing partnership opportunities.
● Increased brand awareness through market penetration/disruption and marketing oversight.
● Headed end-to-end product design leadership, global certifications, and worldwide distribution.
● Repaid all convertible loans and cleaned cap tables, resulting in a higher valuation.
● Navigated financing throughout business scaling by raising adequate capital to drive growth.
● Coordinated Board, investor, and founder relationships, expectations, and concerns.
● Road mapped towards strategic and profitable exits for the investors and the business at large.
Hudson Valley Lighting
Senior Vice President Of Sales | 12/2017 - 01/2020
● Directed a $150M sales budget for 4 multinational luxury home fashion and lifestyle brands.
● Increased revenue by 20% by developing and delegating inside and outside sales professionals as well as key national accounts, big box retailers, and new product development launches.
● Expanded the customer base by 30% through alternative designer-centric distribution channels, trade showrooms, private label development, and designer licenses.
● Improved margin by 15% through tariff-free vendor negotiations in Vietnam and The Philippines.
● Created new branded product lines for designer-fueled programs, including new European product offerings, distribution centers, and sales forces for EU and ROW.
● Partnered with cross-functional leaders to implement sales strategies and grow market share.
● Tracked competitive trends, disruptive threats, client preferences, and competitor differentiation.
Regina Andrew Design
Vice President | 11/2015 - 12/2017
● Championed the $25M sales budget towards 35% revenue growth by implementing global sales partnerships, key vendor negotiations, and critical personnel acquisitions.
● Raised profitability by 15% through omni channel company-wide lifestyle launches.
● Expanded product offerings by 40% in collaboration with “big box”, private-label businesses.
● Increased social media following by 150% through strategic company marketing rebrand.
● Heightened branded competitive differentiation to execute disruptive company visions, strategies, business models, and future-focused business plans.
● Secured all quarterly and annual revenue objectives.
● Implemented NetSuite cloud processes to increase efficiency and profitability.
● Launched product ranking systems optimizing supply chains and new product launches.
Visual Comfort & Co.
Vice President Business Development | 03/2010 - 10/2015
● Exceeded $200M in sales with consistent 30% revenue growth.
● Positioned the company for the $600M Generation Brands acquisition.
● Boosted profitability by an additional 25% through “store within store” gallery programs and directed company owned “Circa Lighting” E-commerce B2B/D2C website and retail stores.
● Increased exclusive luxury designer licensed brands by 75%.
● Grew customer base by 25% through national account, private-label, and “big box” expansions.
● Implemented branded merchandising “store within store” gallery programs and
● Organized the sales enablement portfolio, including designer licenses and development activities to differentiate sales teams with content proficiency.
● Guided end-to-end customer acquisition, due diligence, development, and contracting.
POLO RALPH LAUREN
Director of Lighting, Furniture and Global Sourcing | 12/2008 - 03/2010
● Increased sales by 150% through new product development for the lighting, furniture, and global sourcing departments of Polo Ralph Lauren and Lauren Ralph Lauren.
● Improved profit margins by 30% via overseas vendor negotiations and the establishment of affordable wholesale product lines in luxury lighting and branded merchandised galleries.
● Oversaw $5M operational budgets and sales forecasts.
● Increased quality, accuracy, and process consistency.
● Optimized end-to-end sales processes in collaboration with account executives, marketing, and contracting resources.
Reliance Home Furnishings, Inc.
Vice President | 06/1997 - 09/2008
Recognized as an industry leader in developing multimillion-dollar private label launches for decorative lighting, furniture, accessories, gifts and housewares. Guided product development teams, overseas manufacturing partners, and independent sales force to promote sales initiatives while managing P&L forecasts and operational expenses.
