Are you ready to set the standard for Premium apparel?Main purpose of the Buyer role:
This is a full time role for a candidate who will lead and motivate the team responsible for bridging the gap between business and creative, architecting our collections to meet customer demand. You will play a pivotal role in architecting our seasonal assortment by balancing your business mind with your creative eye.
Major Responsibilities:Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Assist in Target Customer Strategy
- Product strategy ; connect the customer to the opportunity to the collection
- Evaluate internal opportunities
- Product Elements - Lead internal research to identify opportunities within REVOLVE / FWRD
- identify what our competitors are doing
- Competitor Trends - Lead research on trends our competitors are bringing forward
- To ensure top priority trends and elements are optimally represented in the collections
- Support the identification and tiering of key programs that REVOLVE / FWRD is getting behind to position ourselves as the marketplace destination, including item, style, fabric, department and brand features
- Support the coverage across brands to ensure representation of all product options across product elements, departments, and seasonality required to meet customer demand
- Balance - Ensure balance across all brands to enable an appropriate distribution of the right product elements, departments and seasonality required to meet customer demand
- Style Coding - Support the prioritization of all styles developed across brands as input into buying strategy
- Function Management - Manage the Function Plan to ensure development stays on target but capitalizes on opportunities as needed
- To maximize on business opportunities to make each style saleable (Design, Technical, Buying, Seasonality, Pricing, Colour Opportunity - Lead the maximization of opportunities to commercialize on successful product elements and provide the right product to customers
- Assist in merchandising, developing, purchasing and managing a variety of products and brands for the Owned Brands segment with minimal direction.
- Knowledgeable in women's contemporary brands, as well as current trends.
- Responsible for assortment selection consisting of planning, customer needs, trends,competitors and merchandising with minimal supervision
- Understand/study sales history and inventory levels to evaluate what product is needed
- Oversee all aspects of re-cuts, re-orders, and re-colors.
- Ability to follow calendar and key deadlines with minimal supervision
- Partner with cross functional teams to set retails in order to hit margin goals.
- Oversee & approve post-po, fit issues, costing changes and delays with minimal supervision.
- Manage brand budget and category/skus with minimal supervision (with Macro budget in mind).
- Identify opportunities and risk in-season through analyzing sales performance.
- Work closely with internal Design and Product Development teams to ensure proper product mix being put into development as well as ability to provide feedback on construction, fabrication and fit.
- Train and support Assistant and Admin Buyers. This includes providing guidance to junior members on how to solve discrepancies & troubleshoot issues.
- Ability to balance multiple brands while thinking strategically with strong attention to details.
- Responsible for calculating and managing gross margin, turnover, and OTB.
- Reviews sales results to strategize timely mark-downs and manages old age inventories through strategic liquidation.
- Oversee and execute development and buying process.
- Manage buys, POs and order approvals in collaboration with upper management and analysts.
Required Competencies:To perform the job successfully, an individual should demonstrate the following competencies:
- Ability to balance multiple brands and initiatives.
- Ability to effectively negotiate with vendors on RA's, sell through guarantees and trade discounts.
- Ability to demonstrate critical thinking.
- Ability to work in a fast-paced environment with tight deadlines.
- Strong verbal and written communication skills.
- Strong analytical skills, good judgement, creativity and organization.
- Able to develop strong, synergistic relationships with a range of teams and personnel.
- Strong understanding and interest of industry trends.
Minimum Qualifications:- Bachelor's degree in Fashion or Business preferred.
- 3-5 years of women's Buying experience, preferably within the contemporary space.
- Work experience as a Buyer is required.
- Strong knowledge of and the ability to apply retail math concepts, including markup, margin planning, open to buy, and inventory productivity measures.
- Proficient in Email (preferably Gmail), Microsoft Office.
A successful candidate works well in a dynamic environment with minimal supervision. At REVOLVE we all roll up our sleeves to pitch-in and do whatever it takes to get the job done. Each day is a little different, it's what keeps us on our toes and excited to come to work every day.
An estimated salary range for this position is: $80k-$90k annually.
ATTENTION:After submitting your application, please check your spam folder for emails on your application status. Emails are sent from an ADP email address.
