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Eric Magun

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Senior Executive | Luxury Home Fashion Industry Expert (Furniture/Lighting/Decor)
Long Beach | US

Skills

  • Product Management
  • Branding
  • Operational Excellence
  • Business Management
  • Sales and Marketing
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Interests

Filmmaker
Director
Author

Industries

Lifestyle
HomeSummaryActivityProjectsWork experienceEducation historyConnectionsCompanies

In my own words

Eric

<p>Eric is a luxury home furnishings expert and brings to the table decades of first hand executive experience in the following areas of expertise: Chief Executive Officer • Chief Product Officer • Chief Merchandising Officer • Board Director • Executive Sales Officer • Champion Global Sourcing &amp; Negotiations • Execute Wholesale &amp; Retail Operations • Strategic Licensing Partnerships • Marketing Leadership • Market Penetration and Disruption • Differentiate Brand Equity • Implement B2B/D2C Sales Channels • ESG Implementation • Financial Oversight • Disciplined P&amp;L Management </p><p><br></p><p>Eric has a pedigree of delivering outstanding executive leadership in the premium, decorative home fashion space (Furniture/Lighting/Decor).

He brings a solid history of success building branded luxury home furnishing businesses, sales enablement, strategic sourcing, product development, budget administration, operations, acquisition &amp; retention, and key account management for US/UK/EU &amp; ROW. Eric provides acute business acumen with first hand expertise in channel disruption &amp; market penetration. He excel's at aligning core business KPI's, maintaining positive EBITDA/Net Profit while implementing growth initiatives to enhance ROI. </p><p><br></p><p>As a prior filmmaker and author, Eric has the rare ability to remain a creative storyteller, while having the discipline to lead many cross functional teams with clear and strategic goals for success.</p>

Trajectory

Jul 2024 — Now
Executive Consultant | President and COO · Flitzroy, Inc. "Redefining Home, Inspiring Lives"
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.
Dec 2022 — Jul 2024
Vice President | Global Sourcing & Furniture · Lakeshore Learning Materials
● 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.
Feb 2020 — Aug 2022
Chief Executive Officer · Tala
● 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.
Dec 2017 — Jan 2020
Senior Vice President Of Sales · Hudson Valley Lighting
● 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.
Nov 2015 — Dec 2017
Vice President · Regina Andrew Design
● 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.
Mar 2010 — Oct 2015
Vice President Business Development · Visual Comfort & Co.
● 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.
Dec 2008 — Mar 2010
Director of Lighting, Furniture and Global Sourcing · POLO RALPH LAUREN
● 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.
Jun 1997 — Sep 2008
Vice President · Reliance Home Furnishings, Inc.
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.

Activity

Education history

Florida Atlantic University logo

Florida Atlantic University

Chinese Language

New York Film Academy logo

New York Film Academy

Film Director

Hofstra University logo

Hofstra University

BA

Connections

Brewster "Peak" Hanson profile background
Brewster "Peak" Hanson profile photo

Brewster "Peak" Hanson

Oakley Sales
Oakley, Inc.

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