About UsTory Burch is an American lifestyle brand that embodies the personal style and sensibility of its Chairman, CEO and Designer, Tory Burch. The collection, known for color, print and eclectic details, includes ready-to-wear, shoes, handbags, accessories, home and beauty. Art, music, travel, interiors and the designer's own stylish parents are inspirations for the collection. Our company launched in February 2004 with a single boutique on what was then a remote street in downtown Manhattan. Today, we are a global brand with a presence in more than 50 countries, but in many ways we are only just beginning. There is so much we want to do! Brand integrity, global inspiration and beautiful products are integral to who we are as a company and what we have accomplished to date. Our incredible team is an equally important part of the equation. We believe that each of our employees play a vital role in our continuing efforts to grow and evolve.Overview
Provide buying support & managementof digial RTW, Swim, and Accessories. Key responsibilities would be being intimate with the business, hindsighting, competition, pricing, and impacting seasonal line plans to ensure Merchandising team is aware of all key needs for each season. This person will need to have a team attitude, as they will be responsible for working with planning, merchandising, visual, production, and wholesale counterparts and store teams to help build the collection each season. In addition to attention to detail and business acumen, this person will need a passion for product and an eye for trend that is brand right. This role will work closely with Site Merchandising and will be involved in Creative/Marketing with Digital.
Seasonal Business Strategy and Hindsight
Ability to analyze a complex business to accurately articulate best sellers & opportunities to drive the busess.
Transform business hindsight into strategy for seasonal line plan building to ensure Merchants are aware of all business needs.
Ability to both react to current business as well as anticipate future trends in the business.
Provide timely and accurate business updates to the cross functional team.
Accurately hindsight successes by channel and ensure growing markets are receiving the product they need to drive their business.
Strategic Thinking and Financial Acumen
Strong retail math skills
Analyze the business weekly, recapping divisions' business to cross-functional team and reporting of key trends.
Participate in open-to-buy forecasting process with receipt log and business shifts.
Identify opportunities based off current business to help drive Retail $ & Margin. Must have entrepreneurial spirit.
Manage purchase order process. Maintain accurate ship/cancel dates and on order spreadsheets. Partner with team to discuss any issues.
As the brand grows, build a clear path for revenue growth in addition to retail growth.
Follow the brand evolution to become more elevated and ensure fashion handbags align with this go forward strategy.
Trend and Competitive Analysis
Have a clear understanding of the Tory Burch values, product aesthetic and brand in relation to the competitive market.
Gain a firm understanding of the handbag & small leather good competitive landscape through online research and visiting the market often.
Apply this knowledge to Tory Burch Outlets to help select the best product to ensure customers will respond to functionality, ensure pricing remains relevant, and interject current trends where appropriate.
Stay on top of runway shows, presentations, emerging brands and blogging to hold trend dialogue to help the brand stay relevant and predict the next 'big thing'. Ensuring product is appropriate & on margin for the market.
Have a firm understanding of the needs of each region within NA needs and work hand in hand with those teams to develop product tailored to their customer.
Understand where Tory Burch falls within the competitive pricing landscapte and identify opportunities based off localized assortments and regional needs.
Act as the hub between the channels of Planning, Merchandising, Visual, Wholesale Counterparts, Marketing, and Stores. This will require attention to detail, effective time management, and excelled communication skills. Adopt a collaborative style.
Understand the goals of all other divisions and functions to ensure you as a merchant are helping to support these brand goals. Recommend, support, and implement process and procedural improvements into daily responsibilities.
Build a relationship with all other cross-functional teams to create synergy across the Tory Burch collection each season.
4 year Bachelor Degree - Business or Fashion Degree a plus
At least 6 years of industry experience