Planning Manager - 12 Month FTC

Michael Kors; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Michael Kors is seeking a Planning Manager for a 12-month fixed term contract in London, responsible for financial and merchandise planning across various channels. The role involves leading a multi-tiered team, setting financial targets, and collaborating cross-functionally to drive performance and operational excellence. Ideal candidates will possess a strong background in merchandise planning and financial forecasting, with proven leadership abilities in a retail environment.

Qualifications

• At least 7 years in merchandise planning and financial forecasting.
• Experience in a multi-category and multi-channel business.
• Proven leadership in developing and coaching teams.

Responsibilities

• Oversee and manage planning across multiple departments.
• Set and manage financial targets by department and category.
• Lead strategies to grow the full-price business.

Skills

Merchandise planning

Financial forecasting

Communication skills

Team leadership

Analytical skills

Tools

Excel

OTB tools

BI tools

Job description

For a copy of the Michael Kors California Consumer Privacy Act for applicants, employees and non-employee workers, please click here .

Planning Manager - 12 Month FTC page is loaded

Planning Manager - 12 Month FTC

Apply locations London time type Full time posted on Posted Yesterday job requisition id R_778218

Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.

If you enjoy working in a creative, fast-paced environment, then we would love to hear from you!

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Job Title: Planning Manager 12-month FTC
Reports To: Director of Planning
Location: London Office

• Oversee and manage planning across multiple departments and channels, driving commercial performance through strategic planning, effective trading, and cross-functional collaboration to deliver financial targets and operational excellence.

• Lead and develop a multi-tiered team, providing clear direction, regular performance appraisals, and tailored development plans to build capability and support individual growth.

Key Responsibilities:

Commercial & Financial Planning

• Set and manage financial targets by department and category, aligned with business objectives.

• Lead strategies to grow the full-price business and protect/drive comp sales.

• Act as the Full Price business lead—consolidating department insights and providing short- and long-term topline forecasts.

• Own the monthly Open-to-Buy (OTB) process and ensure regular in-season forecasting and trade reactivity.

• Analyse WSSI data to identify commercial opportunities and minimise business risks.

• Deliver reports and business recaps, analysing sales, inventory, markdowns, and profit performance at both topline and regional/classification levels.

• Conduct pre-sign financial meetings with Planning and Buying teams ahead of market to review budgets, align on financial targets, assess prior performance, and ensure investment decisions are data-driven and commercially sound.

Merchandise & Assortment Strategy

• Partner with the Buying team to shape seasonal merchandise assortments in line with financial plans.

• Analyse key metrics (ROS, sell-through, sales density) and present findings to senior management to inform actionable strategies.

• Recommend seasonal buys based on deep commercial analysis to optimise sales, profitability, and sell-through rates.

• Collaborate with Field team, Allocation and Buying to manage product flow and assortment by classification.

Cross-Functional Collaboration

• Work closely with Retail, Buying, Finance, and Store Operations to develop and execute commercial strategies.

• Support New Store Openings in collaboration with Buying and Branch teams supporting with financial planning, stock builds, and forecasting.

• Develop financial strategies in partnership with Field to monitor and exceed planned performance.

Team Leadership & Development

• Manage and develop a multi-tiered team, providing coaching, clear expectations, and regular performance feedback.

• Build a high-performing, commercially focused planning team, fostering accountability, curiosity, and continuous learning.

• Identify rising talent and support the career development of direct report

Inventory Management & Exit Strategies

• Monitor stock levels, weeks of supply, and sell-through rates to ensure alignment with stock targets.

• Develop and implement exit strategies for aged and underperforming stock to protect margin and improve inventory efficiency.

Skills & Experience Required:

• Strong background in merchandise planning and financial forecasting (at least 7 years).

• Experience managing a multi-category and multi-channel business.

• Proven leadership in developing and coaching teams.

• High proficiency in planning systems (e.g. EP, WSSI, OTB tools) and strong Excel skills.

• Commercially astute, with a strategic mindset and the ability to drive performance through data-led decisions.

• Excellent communication and stakeholder management skills across levels and functions.

Desirable:

• Experience in a luxury or premium retail environment.

• Familiarity with systems like BI tools (e.g. Qlik, Power BI), Zebra Pricing Tool, or other analytical platforms.

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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

About Us

At the center of it all is a designer who has created an enduring and iconic luxury lifestyle brand with a distinctive point of view and global reach. Michael Kors has a sharp focus on providing his customers with accessories and clothes that are consistently polished, chic, relaxed, and glamorous. Kors has also been the recipient of numerous industry awards and accolades within the fashion industry.

The fashion designer also focuses on giving back. For more than 35 years he has been a passionate supporter of God’s Love We Deliver, a New York-based non-profit organization that cooks and delivers nutritious meals to people living with serious illnesses in and around New York City. In 2013, in a move to broaden his philanthropic efforts, Michael Kors launched “Watch Hunger Stop,” partnering with the United Nations World Food Programme (WFP) to help fight world hunger. Proceeds from annual special-edition products and other targeted initiatives help provide food to children through WFP’s school meals program. To date, Michael Kors has helped WFP deliver over 35 million meals (and counting) to hungry children.