Senior Luxury Denim & Casual Buyer

Exemplar Luxury Group

New York (NY)

On-site

USD 96,000 - 163,000

Full time

34 hours ago
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Benefits offered by this job

Medical insurance
Vision insurance
Dental insurance
401(k) retirement plan
Life insurance
Disability insurance
Employee discount

Job summary

Exemplar Luxury Group, a premier luxury retailer, seeks an experienced Buyer to lead merchandising strategy across assigned categories, partnering with brand partners and planners to deliver competitive assortments. You will mentor Associate/Assistant Buyers and coordinate cross-functional teams to achieve sales and margin goals.

In this role you will drive market selection, negotiate terms, manage in-season performance, and travel internationally as needed, contributing to the growth of Saks

Qualifications

  • Bachelor’s degree or equivalent retail experience.
  • 5+ years in a buying office with a strong understanding of buying operations and retail strategy.
  • Strong financial, analytical, and strategic planning skills.
  • Expertise in retail math, including markup, margin planning, OTB, WOS, T/O, GMROI, and assortment planning.
  • Demonstrated leadership and team management capabilities in fast-paced, dynamic environments.
  • Excellent communication, negotiation, and interpersonal skills with the ability to build strong internal and vendor relationships.

Responsibilities

  • Provide input on category and pre-season planning strategy in collaboration with Planners based on past performance and knowledge on trends/brand insights, and execute on the strategy throughout the season.
  • Build customer-centered assortment framework and allocation strategy based on customer and trend insights from Stores, Digital, CACI and Fashion and provide guidelines for allocation teams to follow.
  • Set strategies for product display and flow (e.g., launch dates, weeks of full-price selling, cross-sell opportunities, collection considerations) in alignment with guardrails from Planning and Marketing.
  • Lead market prep activities and attend market to select the best product in alignment with guardrails from Planning (e.g., Checkbook, OTB) and category direction from BP & Buying Leads (e.g., omni strategy, banner differentiation).
  • Coordinate buys with brand partners, collaborate on exclusive merchandise, manage day-to-day communication around in-season brand performance, trending styles, chase opportunities and resolve escalated order management issues.
  • Review daily performance reports and work closely with Planner counterparts to gather insights on trending products, categories, brands, etc., pull in-season levers to optimize performance and prepare for monthly OTB meetings to provide bottoms-up context and elevate opportunities and risks to Leads.
  • Serve as the owner of their business, constantly negotiating with Brand Partners throughout the season to improve performance (e.g., style swaps, capsules, RTVs, matrix expansion, markdowns).
  • Provide mentorship and hands-on training to Associate Buyers, Assistant Buyers, and Coordinators, equipping them with the business acumen and practical skills needed to become successful future Buyers

Skills

Retail buying
Leadership
Negotiation
Strategic planning
Analytical skills
Communication

Education

Bachelor’s degree or equivalent retail experience

Job description

Exemplar Luxury Group, a premier luxury retailer, seeks an experienced Buyer to lead merchandising strategy across assigned categories, partnering with brand partners and planners to deliver competitive assortments. You will mentor Associate/Assistant Buyers and coordinate cross-functional teams to achieve sales and margin goals.

In this role you will drive market selection, negotiate terms, manage in-season performance, and travel internationally as needed, contributing to the growth of Saks

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