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- Build monthly / seasonal product strategies including brand mix, SKU and style plan, target retail margins. Manage markup and profit margins, as well as seasonal markdown strategies
- Formulate assortment, stock allocation and inventory management strategies, that is consistent with overall business strategy
- Defines and leads the development and execution of the key business drivers (key brands, items and stores)
- Drive and execute the brands’ floor space planning and allocation for all key locations
- Determine seasonal transition strategies, develop brand exclusives, promotional and sampling strategies
- Deliver sales, gross margin and turnover goals for assigned business segment
- Identify and develop emerging brands for the core customers, and maximize key brands value proposition for our customers
- Acquire and build strong partnerships with principals and vendors. Identify and develop new business opportunities
- Keep abreast of competition and fashion trends
Requirements
- Degree holder in Fashion & Textiles or business discipline
- With at least 7-8 years of management experience in buying and merchandising, preferably in the fashion / lifestyle / retail industry
- Strong interest in fashion as well as a strong knowledge of vendors and contacts within the industry
- Proactive, sensitive to figures and strong analytical and negotiation skills
- Excellent product sensibility and understanding of competitive retail landscape
- Ability to take initiative, ownership, and accountability for business results
- Attention to detail with high level of accuracy
- Strong decision-making capability with the ability to influence, present and defend a business argument both one-on-one and in a group setting
- Business acumen, strong analytical and presentation skills