Buyer

Recruiter
Nili Lotan
Location
New York City, New York (US)
Salary
$60K-$70K
Posted
11 Aug 2020
Closes
03 Sep 2020
Function
Buyer
Contract Type
Permanent
Hours
Full Time

NILI LOTAN RETAIL BUYER  

Responsibilities:

The Buyer is responsible for creating the perfect assortment for the Retail and E-commerce business of NL product to meet or exceed the sales volume and profits for each store and the web. They are to execute the vision of the founder and intuitively respond to customer feedback and selling trends. In addition, this person must develop action plans that drive category specific growth and increase profitability. The buyer is to spend 2-3 months at the stores on the floor to learn with the team the company and the clients.

  • Analyze weekly and monthly sales, stock and on-order with the goal of optimizing sales and minimizing markdowns
  • Have a deep understanding of the customer’s wants and needs and together with the team, identify the appropriate NL product that will appeal to the customer and exceed their expectations
  • Along with SR team, recognize and react quickly to Sell Thru
  • Weekly interaction with stores, communicate needs of the store managers and stylists
  • Accountable for retail’s Gross Margin Targets and Sell Thru Targets
  • Manage reorder and store transfers to maximize the existing buy and identify potential recuts, and reorders
  • Identify and react to Fashion vs Core/Essentials ratio in each retail location and fulfil accordingly
  • Responsible for establishing seasonal marketing materials to delivery to stores, training tools
  • Provide seasonal informative recaps