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
Expired job