Associate Planner

Michael Kors; New York (NY); On-site; USD 75,000 - 85,000; Full time

Benefits offered by this job

Paid Time Off

Summer Fridays

Internal Mobility Across Brands

Cross-brand Discount

Exclusive Employee Sales

401k Match

Parental Leave

Wellness Program

Commuter Benefits

Gym Discounts

Job summary

Michael Kors is seeking an Associate Planner to analyze financial plans and performance across the Full Price Sized business (apparel and footwear). You will collaborate with the buying team to manage open-to-buy, develop assortments, and shape merchandising strategies.

The role requires strong analytical skills, advanced Excel and retail math, and the ability to thrive in a fast-paced, fashion-focused environment.

Qualifications

• Bachelor’s degree in Business, Merchandising, Finance, or related field.
• 3+ years’ experience in Retail Planning, Store Planning and/or Allocation.
• Advanced Excel skills.
• Advanced Retail Math.
• Strong analytical and creative problem-solving skills.
• Detail-oriented with strong organizational and time management abilities.

Responsibilities

• Develop financial strategy for a rapidly growing retail business across the full price sized business (apparel and footwear).
• Create seasonal, monthly, and weekly plans and forecasts for sales, inventory, markdowns and gross margin.
• Monitor performance and partner with buying team to develop merchandise strategies to achieve plans.
• Make pricing recommendations based on analysis.
• Manage monthly open-to-buy and allocate merchandise accordingly.
• Recommend buys to increase sales, profitability and sell-through.

Skills

Advanced Excel

Retail Math

Analytical thinking

Communication

Retail Planning Experience

Education

Bachelor's degree in Business/Merchandising/Finance

Job description

Who You Are:

The Associate Planner will play a key role in developing financial plans and monitoring the performance of sales, inventory, and profit for the Full Price Sized (apparel, footwear) business. The Associate Planner will work closely with the buying team to manage the open-to-buy, analyze seasonal merchandise assortments, and develop merchandising strategies. You have strong analytical skills and creative problem-solving skills, are curious, collaborative and an effective communicator that thrives in a rapidly changing environment.

What You’ll Do:

• Initiate analysis and develop financial strategy for a rapidly growing retail business across the full price sized business (apparel and footwear).
• Create seasonal, monthly, and weekly plans and forecasts for sales, inventory, markdowns and gross margin.
• Monitor performance and partner with buying team to develop merchandise strategies to achieve plans.
• Play an active role in making pricing recommendations.
• Initiate and develop actionable analysis to recap business by classification and subclass at a top-line as well as store level.
• Partner with buying team to create strategies to drive sales and achieve gross margin profitability.
• Manage and update monthly open-to-buy.
• Recommend buys based on thorough analysis of retail business prior to each market to achieve increased sales, profitability and sell-thru %.
• Provide suggested SKU count targets at a class and store cluster level.
• Analyze key item style performance and forecast inventory needs.
• Work with buying team and stores to analyze business by door to maximize sales and stock opportunities.
• Monitor flow of initial assortments as well as reorders to stores by classification and by style.
• Aid in allocation strategies to increase productivity and manage omni-inventory.

You’ll Need to Have:

• Bachelor’s degree in Business, Merchandising, Finance, or related field.
• Must have 3+ years’ experience in Retail Planning, Store Planning and/or Allocation.
• Advanced Excel Skills.
• Advanced Retail Math.
• Strong analytical and creative problem-solving skills.
• Ability to thrive in an entrepreneurial environment.
• Detail-oriented with strong organizational and time management abilities.
• Passion for fashion trends and consumer behavior.

We’d Love to See:

• Multi-channel planning experience.

MK Perks:

• Generous Paid Time Off & Holiday Calendar
• Summer Fridays
• Internal Mobility Across Brands
• Cross-brand Discount
• Exclusive Employee Sales
• Fav 5 Cards (MK Discount for friends and family)
• 401k Match
• Paid Parental Leave
• Thrive Wellness Program
• Commuter Benefits
• Gym Discounts

The Company is an equal employment opportunity employer. The Company’s policy is not to unlawfully discriminate against any applicant or employee on the basis of race, color, sex, sexual orientation, gender identity, religion, national origin, age, military status, disability, genetic information or any other consideration made unlawful by applicable federal, state, or local laws. The Company also prohibits harassment of applicants and employees based on any of these protected categories.

At Capri Holdings Limited, we are committed to providing a fair and accessible recruitment process. If you require a reasonable accommodation for the interview or application process, please contact our Talent Acquisition team at [e-mail].

In compliance with certain Pay Transparency laws, employers are required to disclose a compensation range. The range for this position will vary based on role requirements, skill set, and years of experience. Please note that for salaried roles, the figures reflect full-time equivalency, while for hourly roles, the figures represent the applicable hourly rate. Compensation Range: 75,000.00 - 85,000.00 USD.

Michael Kors is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products under Michael Kors Collection, Michael Kors, and Michael Kors Mens, including accessories, ready-to-wear, footwear, watches, jewelry, and a full line of fragrance products. Michael Kors stores are operated in the most prestigious cities in the world, including New York, Los Angeles, Chicago, London, Milan, Paris, Dubai, Seoul, Tokyo, Hong Kong, Shanghai, and Rio de Janeiro. In addition, Michael Kors operates digital flagships across North America, Europe, and Asia, offering customers a seamless omnichannel experience. 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. For more information on how Capri Holdings Group uses your personal data, please see our Applicant Privacy Notice.