PVH Corp

Director, Merch Planning - Tommy Hilfiger

PVH Corp$147K — $199K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • 5-7 years merchandise planning experience; 7-10 years total work experience
  • Strong analytical and math skills
  • Project management expertise
  • Proficiency in strategic forecasting and financial planning
  • Solid experience leading and developing a team of at least 3 direct reports
  • Effective communication skills, both written and verbal.

Responsibilities

  • Create and execute strategic financial plans aligned with company and brand goals
  • Develop sales, margin, and inventory plans at various levels
  • Lead planning and merchandising team to leverage market data and trends
  • Communicate business opportunities and risks among departments
  • Train and manage the planning team to ensure alignment with business objectives
  • Collaborate with allocation and production teams on product strategies and execution
  • Manage seasonal inventory and markdown strategies effectively.

Benefits

  • Comprehensive health insurance including medical, dental, and vision coverage
  • Above-market 401(k) contributions
  • Flexible working arrangements and generous vacation policies
  • Wellbeing support programs, including fitness and mindfulness resources
  • Education assistance with tuition reimbursement
  • Employee discounts on company products.
Full Job Description

About the Role:

The Director of Planning (Accessories ) develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing objectives; responsible for driving top line financial plans from a divisional level to a department/category level, strategically managing the business in order to maximize sales and margin, and optimizing inventory, develops and contributes to the development of Brand initiatives, and ensures that all planning activities support annual goals. 

What You'll Do:

Create strategic financial plans that support the company’s objectives and brand goals from a top down and bottom up perspective

  • At a division/department/class level, develop sales, gross margin, and inventory plans that support the company’s profit objectives.  Collaborate with direct reports in planning and the merchandising team to ensure that financial objectives align with product opportunities

  • Lead the planning and merchandising team, utilizing historical data and current trends, to capitalize on new opportunities, and identify risks. 

  • Understand opportunities and risks from direct reports and communicate to key business partners including merchandising, finance, marketing, visual, and brand leaders

  • Develop, train and lead planning team

  • Partner closely with allocation team on a daily basis to ensure product strategies are executed to the store level

  • Partner with the Production team on projections and buy passoffs

Weekly Business Management

  • Meet with planners to understand weekly forecasts, category opportunities and risks, markdown recommendations, and reflowing of inventory. 

  • Ensure that all decisions are based on historical data and/or current trends and collect information to create global action plans

  • Present “action points” to senior management and gain consensus on business approach

  • Manage seasonal liabilities, inventory by source, and delivery performance at a divisional level. 

  • Guide planners to tactically manage liabilities and drive opportunities

  • Partner with Allocation on allocation strategies daily

Buy Review Prep

  • Meet with planning team to review historical performance at the category and key item level.  Understand and validate analysis by source, delivery, and category to merchants to understand prior performance and develop future goals

  • Pre-season create divisional and departmental plans to support the development of the line

  • Set sales, margin, flow, and IMU goals prior to the planning of each delivery.  Reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization

  • Participate in buy review with merchants, planners, and allocators to ensure appropriate breadth and depth, and flawless execution.  Collaborate with lead merchants to ensure that plans support product goals

  • Lead and facilitate buy finalization meeting with merchant.  Review pre-season plans that support new assortment.  Identify risks and opportunities relative to product, flow, and presentation

Managing and Developing Talent

  • Create a dynamic team environment that encourages collaboration and creativity within the business unit and across brands

  • Lead planning team ensuring that all company objectives and current and future business plans are executed.  Provide clear direction to all levels managing details as appropriate

  • Identify top talent and infuse new bench strength within organization to support succession planning

  • Train, develop, and manage direct reports to support succession planning initiatives.   Offer consistent and timely feedback to direct reports

What You'll Bring:

  • Bachelor's degree

  • Minimum 5-7  years merchandise planning experience;  7 - 10 years of total work experience

  • Analytical/Math Skills

  • Project Management

  • Strategic Forecasting & Financial Planning

  • Demonstrated experience:

    • Presenting and recommending strategies and building a business case

    • Driving business to exceed company plans

    • Leading and developing a team of at least 3 direct reports

    • Strategic forecasting for a multidimensional business

    • Assuming additional areas of accountability successfully

    • Influencing and negotiating at a variety of levels

  • Well-developed written and verbal communication skills including presenting complex material in an organized and compelling manner

  • Well-versed in planning and allocation systems, as well as advanced Microsoft windows applications

  • Need to be very resourceful and creative to develop new systems and procedures to address constant evolving business needs.

  • Must be able to handle multiple tasks efficiently in order to meet deadlines.

  • Must be able to think out of the box to find solutions to demanding business requirements

This position is not eligible for sponsorship.

#LI-BC10

#LI-Hybrid

Pay Range:$147,500---$199,200

PVH currently provides base salary ranges for all positions-on job advertisements-in the United States based on local requirements. These ranges are based on what PVH reasonably believes that it will pay an associate for their base salary for said position at the time of the posting. Individual compensation will ultimately be determined based on a variety of relevant factors including but-not limited to qualifications, geographic location and other relevant skills. PVH is committed to providing a market-competitive total rewards package to eligible associates, which includes diverse and robust health and insurance benefits to meet the varied needs of our associates and an above-market 401(k) contribution to help our associates save for retirement. We also offer career growth opportunities, empowering our associates to design their future at PVH.

Additional Compensation: This role is bonus eligible. This role is equity eligible.

Your Wellbeing is Our Priority

At PVH, we offer competitive, cost-effective, and comprehensive benefit packages. We strive to provide options when it comes to your health, finances, and work-life balance. This includes:

  • Pay & Insurance: Competitive pay, bonus programs, best in class medical insurance, vision insurance, dental insurance, life insurance, disability insurance, and more.

  • 401(k): An above-market 401(k) contribution to help our eligible associates save for retirement.

  • Flexible Workplace: Generous company-paid holidays, paid time off, hybrid working arrangements, volunteer opportunities, seasonal hours, and flexible work schedules.

  • Wellbeing Support: A variety of wellbeing tools and programs such as, Headspace membership, reimbursement for fitness memberships and/or digital meditation subscriptions, and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities.

  • Care.com Services: Access to services for childcare, elder care, adoption preparation, pet care, plus reimbursement for backup care when your regular plans fall through.

  • Education Assistance: Receive support for continued education including tuition reimbursement.

  • Associate Discount: Shop at our company outlets and e-commerce sites at a discount.

Please note, eligibility depends on employment status, location and length of time employed with PVH and our benefits may be subject to change. Applications will be accepted on a rolling basis until the position is filled.

About PVH Corp

PVH is one of the world's largest apparel companies with over $8 billion in revenues. They operate three business groups – Calvin Klein, Tommy Hilfiger and Heritage Brands.

PVH Corp Careers

Join the dynamic team at PVH Corp, a global leader in the fashion industry, and be part of a company that prides itself on its deep heritage of innovation, leadership, and success. At PVH Corp, we offer more than just job opportunities; we provide a platform for professional growth and personal development within an environment that values diversity, creativity, and forward-thinking.

Work You’ll Do

Embark on a career journey with PVH Corp and contribute to the company’s mission to drive fashion forward for good. Our team at PVH Corp is composed of highly skilled professionals dedicated to excellence in every aspect of our business, from design to distribution. By joining us, you will collaborate with influential industry experts and leaders who are committed to nurturing your skills and helping you achieve your career aspirations.

Explore Our Job Opportunities

PVH Corp offers a wide range of employment positions across various functions and levels. Whether you are looking for an entry-level role or a senior executive position, we have opportunities that could be a perfect match for your skills and career goals. Our hiring process is designed to be transparent and engaging, ensuring that every candidate is given the opportunity to showcase their strengths and potential.

Internship Programs

Kickstart your career with a PVH Corp internship. Our internships provide invaluable workplace experience and a chance to see what it’s like to be part of a leading global company. Interns at PVH Corp work on real projects, learn from top professionals, and gain the skills necessary for future employment. Many of our interns go on to full-time positions within our company, making this a great stepping stone in your professional journey.

Benefits and Culture

At PVH Corp, we understand that our employees are our greatest asset. That’s why we offer a competitive package of benefits designed to support the health, well-being, and financial security of our team members and their families. Benefits at PVH Corp include comprehensive health care, employee discounts, and flexible working arrangements, among others. Our culture is one of inclusivity and innovation, where every team member is respected and given the chance to voice their ideas. Diversity training and leadership development programs are integral parts of our commitment to creating a workplace where everyone can thrive.

Professional Development and Growth

We believe in nurturing our team’s professional development and fostering growth at every level. PVH Corp provides a variety of training programs, workshops, and seminars that encourage innovation and leadership. Networking events and professional groups offer additional opportunities for learning and career advancement.

Join Our Team

If you are passionate, curious, and ready to make an impact, search our open positions that match your skills and interests. We are always looking for creative and driven individuals to join our team. Prepare your resume, ace the interview, and take the next step in your career with PVH Corp.

Stay Connected

Keep up to date with the latest at PVH Corp by following our careers blog. Gain insider perspectives, industry-leading insights, and career tips that you can put to use today—all from the people who work here.

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at PVH Corp. Join PVH Corp and be part of a company that’s setting the pace in the global fashion industry. Let’s shape the future together!
Learn more about PVH Corp
Size
19,000 employees
Market Cap
$4.4 billion
Industry
Net Income
-$1.1 billion
Founded
1881
5 Year Trend
+2.2%
Revenue
$7.6 billion
NASDAQ

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