Assistant Buyer, Soft Accessories and Sun, Bergdorf Goodman

Exemplar Luxury Group

New York (NY)

On-site

USD 59,000 - 79,000

Full time

9 days ago
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Benefits offered by this job

Medical insurance
Employee discount
401(k) retirement plan

Job summary

Exemplar Luxury Group in New York City is seeking an Assistant Buyer to participate in vendor selections, monitor inventory productivity, and analyze pricing changes. You will assist the Buyer and communicate with vendors and store teams to support assortment growth.

The role requires 1-2 years of Assistant Buyer experience in luxury retail, strong retail math skills, and proficiency with Excel, PowerPoint, and Google Sheets.

Qualifications

  • 1 - 2 years' experience as an Assistant Buyer, or equivalent, preferably in a major department store or luxury retail.
  • Strong knowledge of and ability to apply retail math concepts, including elements of markup, margin planning, open to buy, and inventory productivity measures (WOS, T/O, GMROI).

Responsibilities

  • Order Management: liaise with Buyers, Associate Buyers, and brand partners to gather and confirm order details, manage updates to buy sheets, and resolve discrepancies.
  • Market Preparation: prepare Buyers for Market with planners, provide insights on performance and trends, coordinate market appointments.
  • Bottoms-Up In-Season Analysis: be primary contact for execution questions, review performance with planners, and oversee price changes and markdowns.

Skills

Retail math
Open to buy
GMROI
Markup
Margin planning
Inventory productivity
Excel
PowerPoint
Google Sheets/Docs/Slides
MS Word
Communication

Tools

Excel
PowerPoint
Google Sheets/Docs/Slides
MS Word

Job description

WHO WE ARE

A New York landmark since 1901, Bergdorf Goodman represents the global pinnacle of style, service and modern luxury. With its rich history of showcasing leading and emerging designers, the iconic store at 5th Avenue and 58th Street—the crossroads of fashion is a singular destination for discerning customers around the world. BG.com expands on Bergdorf Goodman's heritage, showcasing coveted collections for men and women in an unparalleled online shopping experience. Bergdorf Goodman is part of Saks Global’s portfolio of top luxury retail brands and real estate assets.

Job Description
WHO WE ARE

A New York landmark since 1901, Bergdorf Goodman represents the global pinnacle of style, service and modern luxury. With its rich history of showcasing leading and emerging designers, the iconic store at 5th Avenue and 58th Street—the crossroads of fashion is a singular destination for discerning customers around the world. BG.com expands on Bergdorf Goodman's heritage, showcasing coveted collections for men and women in an unparalleled online shopping experience. Bergdorf Goodman is part of Saks Global’s portfolio of top luxury retail brands and real estate assets.

You Will Be

As the Assistant Buyer, you are a motivated individual who will participate in vendor selections and partnerships. The Assistant Buyer will assist in providing information for the monitoring of inventory productivity, and the analysis of vendor profitability, while providing data and analysis for price changes, and assist in entering price changes online. This position supports the Buyer while providing information/communications to vendors and store teams.

You Will Do
Order Management
  • Liaise with Buyers, Associate Buyers, and brand partners to gather and confirm order details (e.g., item details, shipping details, delivery schedules, order prioritization), manage updates to buy sheets, and resolve discrepancies
  • Oversee offshore Merchandise Assistants’ creation and transmission of purchase orders to brand partners, ensuring timely delivery and accuracy of order details, overseeing communication between Merchandise Assistants and brand partners, and resolving or escalating any issues raised
  • Provide allocation direction to the Planning Allocation team and help manage allocations for high-touch categories such as Designer
  • Manage communication of receipt flow changes to the offshore team and ensure POs are maintained to ensure accurate view of ship windows, order quantities, and on-order
Market Preparation
  • Prepare Buyers for Market through working with Planners to provide comprehensive insights on historical performance (e.g., best and worst sellers by door), emerging trends, customer preferences, coordinating market appointments and periodically attending NY market
  • Support Buyer in style-out sessions including coordinating logistics and preparing insights to support assortment presentation
  • Initiate the development of strategic product assortments to drive sales and brand growth
Bottoms-Up In-Season Analysis
  • Act as primary point of contact on execution questions and feedback from brand partners, visual merchandising, site merchandising, stores, digital, marketing (incl. promos), planning (incl. pricing)
  • Constantly review business performance in close collaboration with Assistant Planners, communicating bottoms-up style insights to Buyers, recommending in-season actions (e.g., ask the vendor for ATS on sold out item) and helping to prepare for monthly OTB
  • Manage markdown cadence and oversee offshore execution of price changes (frequency varies by category), RTVs, etc. and resolve any escalated issues
  • Collaborate with offshore reporting team to generate custom Buying reports, maintaining structural changes to views and ensuring timeline delivery by offshore teams on expected cadences
You Will Bring
  • Manages ambiguity well, self starter, and is able to thrive in a fast paced environment
  • Strong accountability, and ability to multitask and prioritize independently
  • Generates a variety of approaches to problem solving quickly including new and novel ideas.
  • Strong interpersonal skills and can be both direct but diplomatic and gain trust from others quickly.
  • You often go above and beyond your goals. You are a consistent performer with a proven track record in driving positive outcomes through objectives and measures within a large complex organization.
  • Open to new perspectives and is willing to try new ways of working in our evolving business
  • Strong knowledge of and ability to apply retail math concepts, including elements of markup, margin planning, open to buy, and inventory productivity measures (WOS, T/O, GMROI).
  • Strong organizational skills and attention to detail
  • Strong ability to communicate effectively both verbally and in writing
  • Excellent computer skills including MS Word and Excel, Powerpoint, Google Sheets/Docs/Slides
  • Proficiency in systems
  • 1 - 2 years' experience as an Assistant Buyer, or equivalent, preferably in a major department store or luxury retail
  • Location: NYC (onsite)
Your Life And Career At Bergdorf Goodman
  • Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation
  • Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate
  • Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental)
  • An amazing employee discount
Benefits
  • We offer the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).

Thank you for your interest with Saks Global. We look forward to reviewing your application.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with Exemplar Luxury Group and would like to request special assistance or an accommodation, please contact candidatesupport@exemplarluxury.com.

Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with Exemplar Luxury Group and would like to request special assistance or an accommodation, please contact candidatesupport@exemplarluxury.com.

Salary Range $59,000 - $79,000*

Compensation for this role varies by geographic location. The listed range reflects multiple markets, including higher-cost areas. Actual starting pay will be determined based on work location, experience, and other job-related factors.

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