Retail Planning & Allocation Manager
About Kirna Zabête:
Kirna Zabête isn’t just your normal store. Here, fashion moments are made. As a 360-degree fashion experience, we celebrate multiple style personalities with the belief that everyone should dress for joy. Whether you’re going casual, getting ready for a gala, or just the type to wear Gucci to the grocery store, we bring the runway’s most covetable looks right to your fingertips. Since 1999, Kirna Zabête has been proud to be fashion’s happy place, creating a style mecca where you can browse a curated collection of designer fashion at our four uniquely vibrant stores, or shop our online experience, and leave looking lovely–again and again. Kirna Zabête currently has stores in Soho, East Hampton, Palm Beach, Bryn Mawr and online @ Kirna Zabête .
Retail Planning Manager is accountable for the development, coordination, and review of the product assortment plan as well as the financial planning, price management, and inventory of all categories of business.
- Execute and communicate strategic merchandise financial plans and strategies that support the merchandising and financial objectives of the Company With guidance, create pre-season sales, margin and inventory plans, and/or SKU to support product and financial strategies Analyze historical data and current trends to recap business. Work to identify risks and opportunities Create seasonal, monthly and weekly plans and forecasts for sales, inventory, markdowns and gross margin. Monitor performance and partner with the buying team to develop financial strategies to achieve plans Initiate and develop actionable analysis to recap business by classification and subclass at a top-line as well as store level in order to partner with the buying team to create strategies to drive sales and achieve gross margin profitability. Manage and update monthly open-to-buy Recommend buys based on thorough analysis of retail business prior to each market to achieve increased sales, profitability and sell-thru % by class and department. Work with the buying team and stores to analyze business by door to maximize sales and stock opportunities. Monitor flow of initial assortments as well as reorders to stores by classification and by style Recap business by classification, style, color and size and create best seller/hindsight reports on a weekly, monthly and quarterly basis to allow for thorough analysis of the business Produce weekly reports recapping sales, inventory and gross margin vs. plan and projection by department, classification and by door Hindsight in-season & post-season performance reports -- share findings with cross functional teams.
Qualifications & Requirements:
- 3 - 5 yrs. Experience in Retail Planning, Store Planning and/or allocation Minimum Bachelor's Degree Computer Literate - Advanced Excel Skills Full understanding of product lifecycle and proficient in retail math Knowledge of industry best practices/standards Demonstrated experience in synthesizing data analysis into actionable results Strong insightful analytical skills and business acumen Advanced business knowledge of retail, merchandising and price optimization concepts Readily grasps numerical concepts and interprets financial information accurately Strong problem solving and analytical skills Able to independently organize and prioritize workload to meet deadlines Strong verbal and written communication skills with the ability to influence cross functional partners Ability to work in a team environment and communicate with multiple levels within the organization Exhibits high standards and accountability; takes pride in accuracy Result-orientated and self-motivated with a strong sense of urgency