About the Company - BRICK EXECUTIVE SEARCH has partnered with the fastest growing women's apparel, footwear, and accessories retailer in the country. Experiencing store for store comparable growth in the high double digits, opening new stores quarterly, expanding nationally - and becoming a wholesale sensation - this company is seeking the best and brightest merchants/product developers.
About the Role - Our client is seeking a SENIOR BUYER/MERCHANT
Responsibilities -
Build and execute detailed annual plans (sales, margin, turn, and inventory composition) that support the company's business strategy
Seasonal planning of open-to-buy budget in accordance with company sales plan. Reconcile receipts to OTB plan
Develop, plan, and execute strategy for assortment and allocation
Coach and mentor Assistant Buyers to maximize sales, margins, and turns
Leverage merchandising team's skills at recognizing new fashion trends, items, looks, etc., early in their life cycles; maximize these opportunities
Understand and develop buying strategy for branded and private label
Identify opportunities to increase sales, improve margins, optimize inventories, and decrease markdowns
Compile and present financial analysis including category sell-through, margins, and key product performance; recap and analyze business results versus plan
Develop intimate understanding of the customer. Leverage customer knowledge for product development, category, assortment, and allocation optimization
Ensure financial goals and timelines are met
Communicate necessary actions to maximize profit/reduce risk
Qualifications -
Minimum 4-6 years of buying experience and product development
Bachelor's Degree in Business, Fashion Merchandising, or something similar
Proven track record of merchandising multi-category, large SKU product lines
Proven ability to synthesize sales data, customer insights, competitive and market trends, and market data into merchandising strategies
Existing relationships with current or potential market brands and/or private label resources
Ability to recognize and understand the magnitude of an opportunity and respond quickly
Strong technical aptitude, including advanced competency in Microsoft Excel, and the ability to quickly master new applications and systems
Demonstrated ability to grow revenue and improve profitability
Required Skills - The Ideal Candidate Has/Is:
Exceptional work ethic and motivation to meet strict deadlines
Excellent written and verbal communicator
Outstanding organizational skills, with keen attention to detail and diligent task follow-through
Ability to multitask and prioritize in a fast-paced, dynamic environment
Highly collaborative, responsive team player
Ability to prioritize efficiently in response to changing needs and situations