Retail Planner

HUGO BOSS AG; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a Retail Planner to join their dynamic Buying and Merchandising team. This role offers a unique opportunity to influence inventory control, markdown planning, and quarterly finance strategies within a vibrant and inclusive work environment. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a keen attention to detail, ensuring that the brand's values are represented effectively. This innovative firm values creativity and teamwork, making it an exciting place to contribute your ideas and grow your career.

Benefits

Competitive salary

Clothing and Discount Allowance

Blended and flexible working environment

Qualifications

• Strong analytical skills and ability to prioritize workload.
• Excellent communication and influencing skills are essential.

Responsibilities

• Maintain inventory forecasts and collaborate with wholesale teams.
• Work on markdown planning and align with finance on budget.

Skills

Analytical Skills

Communication Skills

Prioritization

Attention to Detail

Solution-oriented Thinking

Tools

Excel

PowerPoint

SAP

BIS

Job description

Our vision is to establish HUGO BOSS as the leading premium tech-driven fashion platform worldwide and to be one of the top 100 global brands. At HUGO BOSS, we work as a team to apply our knowledge, skills and experience together and create a diversity of ideas and solutions. What unites us? We love fashion, we change fashion!

At HUGO BOSS, you have the opportunity to contribute your personality, ideas and creativity — because only when we break new ground together can we create something unique. Become part of our team of more than 19,000 employees worldwide and shape your future at HUGO BOSS!

Hugo Boss is a platform of two brands with two lifestyle stories, BOSS and HUGO.

BOSS: BOSS is for those who lead a self-determined life with style, passion, and purpose. The collections offer dynamic, modern designs to form a complete wardrobe for the inspirational BOSS of today.

HUGO: The HUGO collection is created for the rule-breakers who go their own way, offering denim to activewear with individuality and attitude.

HUGO is a broad range of commercial and contemporary pieces, reflecting the authentic and unconventional HUGO style. BOSS is quality casual, chic and restrained elegance paired with a pinch of luxury.

We are looking for a Retail Planner to join our Buying and Merchandising team.

What you can expect:

Inventory Control

1. Maintain rolling forecast across stores and distribution centers (full price, outlets and ecomm) to maximize stock efficiency and provide overview of risks and opportunities to Northern Hub and EMEA management.
2. Collaborate with Hub wholesale teams to track seasonal flow into retail stock (returns and cancelled orders) for full price, outlets and ecomm.
3. Lead monthly inventory meeting in collaboration with wholesale, ecomm and logistics.
4. Report on inventory KPIs (value, turn and depreciation) and share with finance and leadership team.
5. Compare with Outlet planned production to ensure no overstocks & identify any deviance from plan.
6. Prepare options for Hub for excess stocks e.g. B2B opportunities, Black Friday.
7. Monitor New Old Stock (NOS) stock levels to ensure retail and wholesale keep to planned sales levels.

Markdown Planning

1. Work on Price Reductions plans with retail merchandising considering previous performance, EMEA Omnichannel plans and market factors.
2. Align with finance on markdown spent by channel, month and point of sales.
3. Collaborate with merchandising and retail team to make sure the plan is clear, realistic and in line with seasonal promotion calendar.
4. Flag variances to plan in-season and highlight need for changes to finance.

Biannual Format Strategy

1. Use analysis to identify risks and opportunity by country, store and brand/gender/line prior to meetings, discuss with merchandising and retail.
2. Take detailed notes during format strategy and follow up with planned changes, including any short-term changes with the buying and planning teams.

Quarterly Finance Planning

1. Maintain Net Sales data for brand/gender/line by store by month for 5 year plan, 4 times a year across full price, outlets and online (align with ecomm team).
2. Sense-check individual store budgets with retail and finance considering store space and missed commercial/product opportunities.
3. Ensure plans are aligned with Business Units and MD strategies, EMEA buying initiatives and store refurbishment plans.

Quarterly Buys

1. Sense check buys by BGL/collection/point sale are in line with Format plans (order list review).
2. Run orderbook by collection/country down to product category.
3. Support Buyers & Merchandisers for Flexing (option and spent by store by BGL).
4. Review OTB plans on seasonal product in conjunction with EMEA team.

Other In Season Tasks

1. NOS demand reforecasting on hub level to align with EMEA planning needs.
2. Outlet NOS/Fashion production demand check against finance budget and highlight opportunities/risks.
3. Review open to buy (OTB) for Northern Hub countries on seasonal product in conjunction with EMEA team.
4. Attend monthly lease meetings with store construction/property for any amendments in order to react to any gaps on sales and buy.

Your profile:

1. Strong at prioritising workload and with a flexible attitude.
2. Excellent communication and influencing skills.
3. Understand and represent the brand values.
4. Highly organised and professional with strong attention to detail.
5. Strong analytical skills and solution-orientated thinking.
6. Advanced computer skills: Excel is essential. Good PowerPoint, SAP and BIS knowledge ideal.
7. Ability to work under pressure and to deadlines.

Your benefits:

1. Competitive salary and attractive benefits.
2. Clothing and Discount Allowance.
3. Blended and flexible working environment.

We are a global company with our employees representative of the world at large. Our inclusive culture embraces each person’s authenticity and individuality. We are committed to equal employment opportunity. And we believe our equitable work environment helps unleash your full potential and inspires you to thrive.

Do you feel it’s time for a new challenge at HUGO BOSS? If so, we look forward to telling you all about this job opportunity in a personal conversation.