Michael Kors is looking for an experienced, business savvy, opportunistic and product-focused Associate Buyer to take our growing Outlet Licensee business to the next level. As an Associate Buyer, you will partner with management, stores, and cross-functional partners to identify opportunities, develop, and execute strategies to build strong assortments that will achieve financial objectives of the division. This person will be responsible for managing the Outlet licensee product assortment, as well as the lifecycle of the product within our stores.
What You'll Do:
Partner with Merchandising Director on buying and merchandising strategies that align with financial goals for the division and company and drive the business forward in sales and profitability.
Partner with Merchandising Director to execute buy process from concept to completion, including robust line planning.
Maintain strong partnership with multiple vendors through clear and concise communication.
Recommend timely markdowns/promotions on goods and reorders on best sellers. Share insight based on reviewing analysis to strategically grow and impact the business.
Work closely with planning and allocations to execute merchandising strategy on a by-door basis. Work with Allocations team and store management to ensure assortments by door are maximized.
Generate weekly selling reports and business analysis to track selling, identify key trends, maximize opportunities, and minimize liabilities to achieve continued growth and profitability of the Outlet Licensee business.
Responsible for maintaining assortment sheets, store transfers, processing markdowns, PO entry and reconciling on orders.
Communicate and partner with stores domestically and internationally to manage client requests and ensure proper execution of all merchandising strategies.
Responsible for execution of product knowledge and buy information to the stores.
Run analysis and prepare selling hindsight to identify opportunities in the assortment. Create boards when necessary.
Responsible for driving seasonal strategies, putting together seasonal buys, pricing, and promotions.
Attend and actively participate in market appointments. Responsible for entering all market orders.
Foster and leverage cross-functional relationships to create opportunities for the business - specifically partnering with Digital, Design, Marketing, Visual Merchandising, and Global Merchandising.
React to business needs by managing warehouse inventory and allocating to stores.
You'll Need to Have:
Bachelor's Degree
3+ years of experience in retail buying or merchandising
Experience managing a business of significant volume & option count
Strong product development experience
Advanced Excel Skills; Strong analytical and creative problem-solving skills
Ability to thrive in entrepreneurial environment
We'd Love to See:
Experience with vendors
Exceptional organizational skills
Excellent written, verbal and presentation skills
Curiosity and passion for licensee product
MK Perks:
Generous Paid Time Off & Holiday Schedule
Summer Fridays
Internal mobility across Versace, Jimmy Choo and Michael Kors
Cross-brand Discount
Exclusive Employee Sales
Fav 5 Cards (MK Discount for friends and family)
401k Match
Paid Parental Leave
Thrive Wellness Program
Commuter Benefits
Gym Discounts
At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. M/D/F/V
In compliance with certain Pay Transparency laws, employers are required to disclose a salary range. The salary for this position will vary based on role requirements, skill set and years of experience.