Job description
locations
NEW YORK
time type
Full time
posted on
Posted 30+ Days Ago
job requisition id
R100332
Summary
We are currently seeking a Buyer, Leathergoods who will report to the General Merchandising Manager of the Americas.
YOUR OPPORTUNITY
The Leathergoods Buyer will be responsible for the collection buy, extensive data analysis, financial and retail data modeling for the Americas. Supports the Vice President of Merchandising to manage the inventory by providing scheduled reporting and recommends actions to drive business. The buyer will also collaborate closely with finance and planning in all merchandise budgeting, forecasting and planning activities. This individual will monitor key performance indicators, such as product performance (sell-throughs, turns and months of supply), sales, inventory, and goals for all retail channels: full-price stores and outlets.
Job Description
HOW YOU WILL CONTRIBUTE
- Collaborate with Global Merchandising team to determine Americas seasonal buying guidelines
- Communicate and partner with Retail teams on business strategies in order to create and achieve yearly sales plan
- Oversee buying activities during the sales campaign based on analysis and allocation done during the year (selection, quantities, assortment by store)
- Manage the Open-to-Buy seasonally with Supply Chain and Central Merchandising team in Paris
- Be the Leather Goods expert, providing monthly qualitative, quantitative, and competitive reports and market needs for Management and Global Merchandising team
- Supervise the analysis of selling trends, manage reorders and inter-store transfers
- Monitor/study detailed sales and stock for Leather Goods (style, store, etc.)
- Execute proactive consolidations to ensure profitability and satisfy market’s needs
- Communicate and provide direction to store management regarding product feedback and selling trends in order to ensure successful sales and inventory levels for each market
- Evaluate competitive market trends within the luxury environment
- Manage inventory levels, merchandise flow and pricing for all Americas outlet locations
- Partner closely with cross-functional partners on in-season management and further development of Leather Goods business:
- Partner with Client Engagement/Training team in order to align CRM activities and trainings to identify opportunities to develop and grow client base
- Partner with Visual Merchandising teams to ensure successful collection launches and product priorities
- Partner with Public Relations team to ensure product alignment with local editorials
- Communicate with logistics team and Inventory Control in US warehouse on pricing and stock flow management
- Store Visits to Americas markets several times each year to understand the clientele, needs of each store and provide necessary product training
- Develop product tools to support stores in driving business
- Travel to Paris Office for selection and allocation of merchandise by store location, each season
- Manage, train, and direct a growing team
WHO YOU ARE
*
Bachelor’s degree in business or related discipline
- At least 5-7 years of experience in retail merchandising or buying experience with focus in Leather Goods
- Experience within luxury retail required
- Strong analytical skills and financial acumen. Ability to understand and leverage product and financial reports to drive business
- Strong product sensibility, deep knowledge of and passion for competitive landscape & trends
- Outstanding communication and influence skills (verbal, written, and presentation)
- Must be resourceful, a problem-solver & team player
- Proven ability to drive results
- Passionate about exceeding corporate goals and driving business through excellent execution
- Ability to travel
COMPENSATION
Annual base salary range of $120,000 - $140,000 USD
WHY WORK WITH US?
This is an exciting opportunity to join Balenciaga’s Corporate team as a Buyer, Leathergoods who will drive the business and contribute to the brand philosophy. We invite you to become part of a team that offers possibilities to learn and grow. Balenciaga is committed to thriving your professional development within the House or in the Kering group. We empower leaders to create, build and sustain high performing teams that excel in execution. We guide every employee to reach their full potential in a stimulating and fulfilling workplace environment.
DIVERSITY COMMITMENT
Balenciaga is committed to fostering a diverse workforce. We believe that diversity in all its forms; race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, disability, protected veteran status, or other characteristics protected by applicable law, enriches the workplace and our client experience. As an Equal Opportunity Employer, we welcome all applications and select our talents based on competencies and in alignment with our brand behaviors. Setting people for success is what we live for, and it is part of our interview process to discuss with you how to excel in our company.
Job Type
Regular
Start Date
2023-01-03
Schedule
Full time
Organization
Balenciaga America Inc.
Job Type: Full-time
Pay: $120,000.00 - $140,000.00 per year
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