Junior Buyer @Net-A-Porter (6-9 Month Fixed Term Contract)

YNAP GROUP; Greater London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading luxury retailer in London is seeking a Junior Buyer. This role involves managing the seasonal buy budget, overseeing negotiations with designers, and inputting into range planning. Candidates should have experience in a multi-brand retailing environment, ideally in luxury ready-to-wear. The company offers a hybrid work environment along with numerous benefits, including performance bonuses and flexible working arrangements.

Benefits

Performance bonus schemes

Pension contributions

Staff discounts

Private healthcare

Flexible working

Fun and supportive team environment

Qualifications

• Experience as an Assistant Buyer preferably in luxury ready-to-wear.
• Proven commercial experience in a fast-paced environment.
• Track record of positive business impact through buying strategy.

Responsibilities

• Manage seasonal buy budget and sales selection for selected designers.
• Negotiate terms with assigned designers to maximize sales.
• Input into range planning and trend forecasting.

Skills

Commercial experience in a multi-brand retailing environment

Strong analytical skills

Networking and negotiation skills

Good judgment and decision-making skills

Confidence in suggesting calculated risks

Job description

NET-A-PORTER delivers incredible fashion for incredible women. As the world’s leading luxury retailer with the most authoritative product edit globally, the site offers the ultimate curation of fashion from the most coveted designer brands, the most exceptional assortment of fine watches and precious jewelry, and more than 200 specialist beauty brands. Its discerning edit places special emphasis on highlighting the creativity and promise of the next generation of fashion talent via the Vanguard, a program for emerging brands. Consideration for environmental and social impact increasingly shapes the product offering, and the launch of the NET SUSTAIN platform, was created to showcase brands that place sustainability at the core of their product. Uniting content and commerce to deliver an immersive and inspiring customer experience, NET-A-PORTER speaks to a global community and features a dedicated editorial vertical with PORTER, which is renowned for its award-winning content featuring a diverse range of incredible women.

NET-A-PORTER champions unparalleled customer service offering express worldwide shipping to more than 170 countries including same or next-day delivery to the UK, US, Hong Kong, Germany, France, Australia and Singapore, a seamless shopping experience across all devices, luxurious packaging, easy returns and a multi-lingual customer care and personal shopping team that is available 24/7, 365 days a year. A pioneer of personal shopping and client relations services for the digital era in 2000, NET-A-PORTER continues to innovate and strengthen its offering, with virtual styling, invitation only digital exclusives, and a world class suite of specialized offers for EIPs, (Extremely Important People), the brand’s most loyal and valuable customers.

NET-A-PORTER are now seeking a talented Junior Buyer to join the team. Some of the essentials for you to know are:

Location: Our Westfield office in London
Reporting into: Buying Manager
Team Size Approx: 4
Direct reports: None

Benefits

Besides a competitive salary, we can offer you:

• Performance bonus schemes dependent on the type of role you are in
• A pension that both you and the company contribute to
• A portal with an array of discounts on things like theme park and cinema tickets
• Our famous staff discount along with exclusive staff sales
• Private healthcare for you and your family
• Flexible working
• A chance to be part of a fun and caring team that support each other

Key Responsibilities

Here’s a breakdown of what you’ll be doing:

• Be responsible for the seasonal buy budget, sales selection and buy strategy for a selected group of designers
• Oversee and manage negotiation of terms and conditions with assigned designers
• Achieve margin and sell thru targets
• Negotiate deliveries to ensure consistent and early flow of goods/merchandise to maximise sales and meet plan
• Input into range planning and trend forecasting with direction from Buying Director, Buying Manager & Senior Buyer
• Maintain and develop best position with vendors
• Ensure right mix of product and maintain awareness of competitors positioning
• Work with Merchandising and other Buyers to ensure consistent buy message
• Stay on budget and overage for cancellations
• Be an ambassador for the NET-A-PORTER business; forming strong relationships with established and emerging brands at show time and year round.
• Communicate buys/strategies internally to all relevant teams, including marketing and editorial

Qualifications

The type of person we are looking for:

• Experience gained as an Assistant Buyer within a multi-brand retailing environment, preferably within the luxury ready to wear category
• Proven commercial experience of trading in a fast paced and reactive environment.
• Proven track record of creating positive impact on business through buying strategy.
• Proven track record of networking and negotiation skills.
• Good judgement and decision-making skills
• Confidence in suggesting calculated risks
• Strong analytical and IT skills

From the moment you join the LuxExperience Group we are committed to making your journey with us inspirational and evolutionary. If you are passionate, committed and thrive in a collaborative and fast-paced environment, then please apply with a CV.

LuxExperience is an equal opportunities employer, we encourage people with a diverse range of backgrounds to apply. We recognize and celebrate the benefits that diversity brings to our workplace, our business and our customers. We welcome and will consider all applications regardless of race and nationality, religion, color, sex, pregnancy or related medical conditions, parental status, sexual orientation, gender identity, gender expression, age, status as an individual with a disability, or any other legally protected characteristics.
If you require any reasonable adjustments to complete your application, please do not hesitate to advise us accordingly.

Experience Level: Associate
Workplace Type: Hybrid