Junior Buyer

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

Job summary

A luxury fashion retailer in Greater London seeks a Junior Buyer to manage buy budgets and develop buying strategies. The role involves negotiating with designers to achieve sales targets, analyzing market trends, and collaborating with various teams. Candidates should have experience in multi-brand retailing, especially within luxury segments, and possess strong negotiation and analytical skills. A hybrid working model is offered, with both office and remote flexibility.

Benefits

Performance bonus

Pension plan

Discounts on entertainment

Staff discount

Private healthcare

Flexible working

Supportive team environment

Qualifications

• Experience as a Junior Buyer or Assistant Buyer in luxury retail.
• Proven commercial experience in a fast-paced environment.
• Strong knowledge of luxury ready-to-wear and accessory market.

Responsibilities

• Be responsible for the buy budget and buy strategy.
• Negotiate terms and manage deliveries.
• Communicate buys and strategies to relevant teams.

Skills

Negotiation skills

Analytical skills

Experience in multi-brand retail

Trend forecasting

Job description

THE OUTNET is the online destination for luxury fashion from previous seasons. Since 2009, it has showcased style that lasts, by offering past-season womenswear and menswear, including exclusive capsules, from world-leading designer brands. THE OUTNET brings joy through its curated world of luxury fashion, featuring exceptional styles that transcend seasons, at up to 70% off. Extending the life of luxury beyond the current season is at the heart of its mission, further enhanced through its Considered edit of more responsible fashion, dedicated upcycled product collaborations, and circular fashion services, THE OUTNET Resell and THE OUTNET CARE & REPAIR, support customers to shop with a focus on conscious consumerism. THE OUTNET is part of LuxExperience, the leading digital, multi-brand luxury group.

THE OUTNET are now seeking a talented Junior Buyer to join the team. Some of the essentials for you to know are:

Location: Our offices in Westfield, London (Shepherd's Bush)

Reporting into: Senior Buyer

Working Model: Hybrid (4 days in office, 1 day WFH)

Besides a competitive salary, we can offer you:

• Performance bonus schemes dependant on the type of role you are in
• A pension that both you and the company contribute too
• 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

Here is a breakdown of what you'll be doing:

• Be responsible for the buy budget 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 Head of Buying, 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
• Be an ambassador for the The Outnet 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

The type of person we are looking for:

• Experience gained as a Junior Buyer or experienced 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.
• Using strong knowledge of luxury RTW and Accessory market to source and recommend appropriate new brands
• Proven track record of networking and negotiation skills.
• Good judgement and decision making skills
• Confidence in suggesting calculated risks
• Strong analytical and IT skills
• Extremely well-organised, methodical and efficient with the ability to self-motivate and drive initiative
• Our values; we lead with joy, are responsive and resourceful, drive connections and community, show consideration with each other

From the moment you join the LUXEXPERIENCE 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.