Manager, Merchandising (Product Development)

Victoria’s Secret & Co.; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Victoria’s Secret & Co. is seeking a senior product development professional to guide end-to-end costing, vendor management, and cross-functional collaboration across lingerie, apparel, sleep, swim, and accessories.

You will drive cost architecture, evaluate fabric and trim choices, manage risk with vendors, and keep calendars aligned with the sourcing strategy to deliver margin-driven products on time.

Qualifications

• 8+ years of related experience in product development, costing, and cross-functional work.
• Proven leadership and stakeholder management abilities.
• Strong knowledge of product construction, fabrics, trims, and cost drivers.

Responsibilities

• Lead cross-functional teams across multiple product categories (lingerie, apparel, sleep, swim, accessories).
• Provide direction on evaluation of product construction and cost architecture with vendors.
• Identify and mitigate risks in quality, vendors, and capacity early in development.
• Monitor style allocation and sourcing strategy to balance cost, quality and timing.
• Coordinate design trips, sampling, costing, and post-trip follow-up to remove roadblocks.

Skills

Leadership

Stakeholder management

Team collaboration

Product development knowledge

Costing knowledge

Education

Bachelor's degree / Higher Diploma

Tools

Salesforce

Centric

Job description

At Victoria’s Secret & Co, you’ll join a world-leading specialty retail brand recognized globally for innovation and excellence in lingerie and fashion. You’ll work alongside industry leaders to set the standard for what a retail brand can achieve, placing customers at the center of everything we do to create products and experiences that bring them joy.

We believe everyone deserves a place where they truly belong. We celebrate individuality and know that your passion, experience, and unique perspective strengthen our team and business. Here, you’ll be empowered to perform, grow, and engage through unmatched opportunities to develop your skills, gain real-world experience, and learn from the best in the business.

Responsibilities

• Work across multiple product categories from lingerie, apparel, sleep, swim and accessories.
• Provide direction to cross-functional teams (CFTs) in assessing product construction based on fabrics, trims and treatments, and in building the Smart product to achieve the aesthetics and margin goals.
• Assess risks & propose solutions to mitigate any risks regarding quality, vendors and suppliers capability and capacity at the early development stage.
• Monitor the style allocation to make sure the right product at the right vendors per aligned sourcing strategy.
• Organize and facilitate effective design trips. Monitor post-trip follow-up, remove any roadblock on sampling and costing.
• Partner with region design tech on complex garment styles.
• Monitor the number of developments and call out for support.
• Drive Calendars/GNG/CGL for new styles.
• Implement fact-based costing on cost architecture building and cost negotiations, coach/calibrate the team and vendors on fact-based costing and sensitivity on cost drivers.
• Evaluate different cost options and make recommendations to achieve the business goals.
• Support the team on costing negotiations with vendors.
• Spend time with the team at the development centers and manufacturing sites to build strong manufacturing and product knowledge.
• Work with Product Development & CFTs to drive seasonal development allocation strategy to balance capability, capacity, costs, quality & sourcing strategy. Drive conversations with vendors/suppliers/PD/CFT for alignment. Come up with solutions to resolve issues.

Requirements

• 8+ years related experience in related fields / functions
• Relevant capability in designated function
• Product development knowledge, construction, costing, consumption, risk assessment and mitigation
• Proven record in excellent leadership and stakeholder management skills
• Bachelor’s degree/Higher Diploma or equivalent
• Ability to connect the dots, remove roadblocks, and find solutions to concerns
• A team player with strong ability to work end-to-end and collaborate across various departments
• Proficient in Word, Excel and PowerPoint
• Knowledge in Salesforce and Centric is an advantage