Buyer/Merchandiser - Outlets

Giorgio Armani
New York Metropolitan Area, USA
Posted 1 day ago
Full timeRetail Apparel and Fashion

The Armani Group is one of the leading fashions and luxury goods groups in the world today with 10,500 direct employees, 12 production plants and more than 2,704 boutiques in 60 countries around the world. It designs, manufactures, distributes, and retails fashion and lifestyle products including apparel, accessories, eyewear, watches, jewelry, home interiors, fragrances, and cosmetics under a range of brand names: Giorgio Armani, Emporio Armani, and Armani Exchange.

Overview:

As the Outlet Merchandiser/Buyer, you will play an important role in the company by overseeing the marketing, branding and promotions of the company’s products. This position is responsible for increasing customer sales through marketing and promoting products to their target audience.

Description of Responsibilities

  • Oversee seasonal inventory availability across multiple business channels
  • To oversee the development, execution, and communication of special production merchandise strategies that meet financial plans.
  • To be accountable to the Outlet division’s sales results, inclusive of gross sales, net sales, discount and sell through results.
  • To control all facets of the inventory management process for the U.S and Canada driving merchandising strategies.

Overview of Critical Duties

  • Analyze past season inventory ownership and develop/execute allocation strategies to maximize sales opportunities across the division.
  • Develop brand appropriate outlet exclusive assortments in partnership with Italy HQ and management, which incorporates product trends, historical data and field input. Identify and recommend big ideas/ key items positioning to ensure they meet financial targets. Formulate and continually evaluate pricing strategies.
  • Partner with planning and management to complete top down and bottoms up planning for each dept both seasonally in business plans and monthly in OTB. Provide clear costing targets/strategies for sourced products.
  • Present assortment to senior management for approval by developing presentation structure and content, and ensuring appropriate analysis is completed. Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace/trend information.
  • Change future Department strategies in-season where needed and provide appropriate and timely direction to the cross- functional team in order to react quickly to customer and business trends.
  • Analyze OTB and take action as necessary, recommending changes to future on order, promotional activities or markdown strategies.
  • Maintain expert knowledge of retail network through store visits and competitive analysis.
  • Build and maintain effective business plans and relationships for all outlet locations.
  • Monitor and provide development and training of assistant buyer and cross-functional team.
  • Work with Visual team to create strong floor sets and accurate documents in order to drive promotional activity and sales.
  • Create and implement effective product knowledge through the division inclusive of product knowledge tools and seminars.

Qualifications

· Bachelor’s Degree or master’s degree preferred

· 5-7 years of experience within this field

· Must possess advanced excel skills and technical proficiency

· Must have strong analytical skills, creative problem-solving skills, and ability to collaborate and thrive in a face-paced learning environment.

· A strong communicator who can influence high-level decision making.

· A passionate contributor who cares deeply about the quality of their work.

· An inspirational leader who can rally and mentor colleagues.

· Must have prior leadership and management experience.

Company Standards

· Always promote a positive perception of the Company both internally and externally.

· Be aware of and anticipate customer needs.

· Implement and ensure the Company Health, Hygiene and Safety Policy is always met.

· Demonstrate accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality.

· Sets and achieves goals; Demonstrates persistence and overcomes obstacles; Measures self against standard of excellence; Takes calculated risks to accomplish goals.

· Treats people with respect; Keeps commitments, Inspires the trust of others; works with integrity and ethically; Upholds organizational values.

· Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions.

· Demonstrates knowledge of EEO policy; Shows respect and sensitivity for cultural differences; Promotes a harassment-free environment.

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