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Associate Buyer

Job title: Associate Buyer
Contract type: Full-time
Location: New York
Discipline:
Remote: No
Reference: 415347
Contact name: Nora Gillern
Job Published: January 01, 1970

Job description

ASSOCIATE BUYER - DENIM

Our client is a well-known multi-brand contemporary/luxury retailer that is seeking a new Associate Denim Buyer to join their team 

Associate Denim Buyer  Summary: 

You will be responsible for achieving sales and profitability targets for the denim department, this includes assortment planning, merchandising strategies, vendor management, open-to-buy monitoring, pricing, cost negotiations, and inventory management. 

Denim Buyer Key Accountabilities:

  • Manage all aspects of the Denim business including OTB and receipt conciliation, Brand matrix shaping and product POV, Inventory management, Vendor in-season and end-of-season negotiations 
  • Run market for Denim collections, developing a merchandising strategy, including product selection, to maximize sales, margin and profitability targets for department matrix 
  • Research, identify and discover new brands, and designers and business opportunities that are right for the companies assortment
  • Translate fashion trends into appropriate assortments for the companies customer
  • Manage the business in season through in-season analysis and tactical adjustments
  • Manage the timely placement and maintenance of purchase orders
  • Recommend pricing and markdown strategies
  • Partner with planning on analysis and assortment planning to achieve financial plans
  • Evaluate the open-to-buy, markdowns and inventory levels for specific department(s)
  • Monitor inventory productivity and vendor profitability
  • Participate in line reviews to ensure brand cohesiveness and competitive assortments
  • Manage vendor negotiations and strengthens market relationships
  • Monitor the competition and customer by market
  • Train and develops direct report
  • Contribute to positive morale in the department and organization

 

Requirements:

  • Bachelors degree in business or fashion related discipline
  • Minimum 3 years buying experience with existing relationships within the market, Denim experience is a plus
  • Proven track record of success and ability to drive a business
  • Proven ability to create product assortments to meet customer needs
  • Strong business and financial analysis skills
  • Strong retail math acumen
  • Keen fashion sense and trend forecasting ability
  • Excellent communication, negotiation and problem solving skills
  • Demonstrated managerial and leadership abilities
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