Retail Buyer / Buying Manager (Fashion) to £55K
New Era Cap is an international lifestyle brand with an authentic sports heritage. They are embraced by the individuals, athletes and artists with the courage to walk their own path. New Era believes in individuality, authenticity, pride and collaboration.
Position: Retail Buying Manager
Location: Westcott, Aylesbury, Buckinghamshire
Salary: £45-55k per annum
The Retail Buyer / Buying Manager will manage buying of all product categories for company owned stores and the web, which supports the overall business unit sales volume, gross margin and turnover objectives. The candidate will analyse product, consumer and competitive trends within store markets. The candidate will assist in product designs and must have a high level of knowledge of upcoming trends.
a) Forecast, plan, and implement the retail buying strategies to maximise sales and profit. Plan and select the range, type and quantity of products according to customer demand.
b) Understand analysis of the current business, including bookings and sell-through by category, classification, sport segment, size and colour.
c) Develop a detailed OTB forecast.
d) Analyse consumer buying patterns, competitor activities and predict future trends. Analyse sell-in/ sell-out / sell- through and mark downs. Develop good communication and positive relationships with store management; assist in troubleshooting and fulfilling store requests and issues.
e) Manage stock levels and where necessary move stock to different stores. React proactively to slow sellers.
f) Work with the Merchandising Manager to create and communicate a vision for product merchandising.
g) Convey market trends to Product Design team with the purpose of creating unique and relevant products. Align with Merchandising and Marketing teams.
h) Utilise market knowledge to provide clear product direction to the design team. Ensure an innovative approach to achieve revenue goals of business unit.
i) Demonstrate an advanced level of product, process, merchandising and market knowledge; reacts to business trends in a timely and efficient manner.
j) Make financial presentations to senior managers; analyse every aspect of bestsellers and ensure that bestsellers reach their full potential.
k) Maintain awareness of competitors' performance; meet with product department and manage the distribution of stock, agreeing timescales and delivery dates; identify production and supply difficulties and deal with any problems or delays as they arise; Manage, train and supervise junior staff.
l) Use specialist computer software, for example to handle sales statistics, produce sales projections and present spreadsheets and graphs.
ESSENTIAL SKILLS / EXPERIENCE:
a) Ability to manage and coach a team to create followership; collaborating with the wider team in the achievement of the brand plan objectives.
b) Good Microsoft Office skills.
c) High level of understanding of retail buying including OTB budgets.
d) Commercial awareness; industry, market, economy and its influence on New Era.
e) Demonstrate growth in an established brand and/or a new business through new products, services, methods or approaches that are innovative, and uphold the brand values; thorough understanding of the product process.
f) An excellent understanding of the branded sports / lifestyle market place / consumer in EMEA.
g) The role requires some travel within EMEA and Internationally.
DESIRABLE SKILLS / EXPERIENCE:
a) Undergraduate degree desirable, preferably in business or marketing.
You may have experience of the following: Apparel Buyer, Retail Buying Manager, Clothing Retail, Textiles Executive, Purchasing Director, Procurement, Senior Purchasing Manager, Head of Procurement, Menswear, Womenswear, Kidswear, Lingerie Buyer, Merchandiser, Display, Merchandise Selection, Pricing, Design, Purchaser, etc.
This vacancy is being advertised by Easy Web Recruitment, the UK’s leading Online Recruitment Agency. The services advertised by Easy Web Recruitment are those of an employment agency. No terminology in this advert is intended to discriminate on the grounds of age, and we confirm that we will gladly accept applications from persons of any age for this role.