Director, Buying, Mens

Recruiter
Ralph Lauren
Location
New York, New York, United States
Posted
11 Mar 2021
Closes
02 Apr 2021
Ref
16767
Function
Buyer
Company Description
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, and Club Monaco, among others, constitute one of the world's most widely recognized families of consumer brands. At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview
Lead strategy to maximize sales and profitability of product line through strategic product selection that supports the customer experience. Drive strong category strategies across diverse Brand portfolio.Manage execution and in season performance of assortments through the establishment of strong partnerships with cross functional teams such as:Merchandise Planning, GBP, Creative, Site Ops, Retail Presentation and Global Merchandising teams.Lead strong understanding of relevant trend/business analysis.Overall support of company's long range goals and divisional strategies/initiatives.

Essential Duties & Responsibilities
Lead Product Strategy
• Develop short and long term strategic plans for division that align with corporate direction and customer experience
• Partner with planning weekly and monthly to implement strategic changes in the business to improve profitability and productivity
• Determine in-season tactical adjustments to ensure financial goals are met
• Establish appropriate high level financial and assortment targets in collaboration with planning and hold direct reports accountable for achieving
• Select concept & color direction in alignment business & customer needs
• Approve product recommendations based on demonstrated knowledge of customer and market place, identify areas of opportunity based on previous season and trend analysis
• Ensure divisional space allocation supports division productivity targets, partner with Retail Presentation and Creative to map needs
• Collaborate with Merchandising to adjust future assortments based off current trends
• Direct brand presentation strategy that supports financial goals and satisfies the customer experience
• Propose key looks to support marketing needs
• Gain buy-in from executive team during quarterly investment strategy meetings
• Regularly visit critical store markets as well as competition to stay abreast of market trends and apply learnings to current and future assortments
• Elicit feedback from field leadership to gain understanding of customer mindset Developing Talent
• Lead by example; engage and inspire team
• Promote an environment that fosters respect for the ideas of others and supports ongoing collaboration to execute business strategies
• Provide coaching and feedback on a consistent basis to direct reports
• Build and manage succession planning for all levels to ensure the availability of future talent
• Identify, recruit, and select high caliber talent Building Networks/Influence
• Develop robust relationship with Merchandising to inform on current business and future needs
• Partner on global alignment
• Establish and grow a strong level of communication and partnership with business partners in and outside of immediate cross functional team
• Negotiate persuasively to create solutions that address the interests of others
• Express differing viewpoints tactfully and sensitively

Experience, Skills & Knowledge

* Bachelors' Degree required; MBA a plus
* Communicates clearly in oral and written form
* Proven ability to develop strong cross-functional relationships
* Adapts easily to changing situations and demonstrates flexibility in juggling priorities
* Proven experience leading and supervising others
* Proficient in all MS Office applications. Advanced Excel skills a must.