Associate Merchandiser, Product Development, Accessories

Lafayette 148 New York

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Job Details

Job title

Associate Merchandiser, Product Development, Accessories, Lafayette 148 New York

Location

New York, United States

Level

Executive / Coordinator

Function

Merchandising & Allocation

Posted

Contract

Full-time, Salary Unspecified

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Job Description

Job Summary:

Lafayette 148 New York is uniquely positioned to enhance our accessories assortment, providing a complete lifestyle brand to our loyal customers.  This position will be a key liaison and team member in supporting the continued growth of the Accessories division.

Responsibilities:

  • The successful individual will leverage their proficiency in Merchandising and Product Development to:
  • Product and Business Strategy
  • Lead and communicate Lafayette 148, Retail and Wholesale merchandising strategy for accessories, leveraging product opportunities and business initiatives across the US.
  • Participate in creating relevant product assortments that drive business in determined distribution.
  • Partner with design or design partners and product development vendors through entire conceptual and commercialization process.
  • Develop and refine a framework for customer segmentation.
  • Learn competitive landscape, identifying trends and staying on top newness in market; utilize findings to identify holes in the current business and opportunities for future growth.
  • Assortment Planning
  • Participate in developing the plans on assortment style and flow needs.
  • Communicate changes and impacts cross-functionally.
  • Manage deadlines and communicate issues to ensure delivery of product on a timely basis.  Including supporting pilots and testing agendas.
  • Product Development
  • Proactively anticipates and identifies challenges in the development process and effectively resoles issues through appropriate actions and communications.
  • Partner with product development vendors to maintain and ensure all costing objectives are met through proper engineering of product while maintaining product integrity.
  • Clear understanding of development calendars and timelines.
  • Market Analysis and Reporting
  • Analyze global sales, feedback and historical data on weekly/monthly/seasonal basis to help better assort for future seasons.  Provide global analysis that drives consensus and overall strategy.
  • Identify product opportunities through regular hind-sighting that incorporates consumer research, business unit feedback and sales performance analysis.
  • Manage retail price setting, target costs and margin goals.  Partner with Product Development vendors on all costing objectives.
  • Organization
  • Establish relationships with Design, Planning, and Product Development vendors.
  • Create partnerships with all cross-functional partners to execute seasonal assortments from concept to creation.

The Ideal Candidate

Desired Background:

  • Bachelor’s degree

Experience:

  • Comprehensive understanding of retail math.
  • 3-5 years’ experience as a merchant in related business or brand with demonstrated product development experience, preferable in retail, wholesale and e-commerce company.

Skills:

  • An appreciation for luxury products coupled with an ability to see think conceptually.
  • Willing to take initiative, ownership and accountability for business.
  • Natural ability to communicate effectively with strong analytical skills and experience with PLM systems.

About Us

 Lafayette 148 New York is a global luxury fashion brand designed for today’s modern, sophisticated woman. Using the world’s most luxurious European fabrics and fine attention to detail, the Company produces timeless designs and modern styles renowned for their highest quality and exceptional fit. We strive to clothe and inspire women to look good, feel good and ultimately do good in the world. 

Founded 21 years ago at 148 Lafayette Street in the heart of Soho led by Deirdre Quinn and her partners  Shun Yen and Ida Siu, the Company was a pioneer in the total vertical integration of design, production, sales and fulfillment. It has extended its footprint globally, established a significant online presence and opened retail stores in the United States and abroad. The Company owns its own factory in China and currently employs 1700 people around the world. In 2018, the Company will be moving its US headquarters to the growing tech and creative community in the Brooklyn Naval Yard. There we will bring all our employees together and provide an even more seamless, collaborative and interactive work environment.

Lafayette 148 New York’s collection can be found in 400+ wholesale and specialty stores throughout North America including Saks Fifth Avenue, Neiman Marcus, Nordstrom, Bloomingdale’s, Bergdorf Goodman and Holt Renfrew. In 2006, the Company introduced a direct to consumer business through lafayette148ny.com which is supplemented by our consumer catalog. In 2009, it launched its bricks & mortar retail strategy by opening its first stores in China. By the end of 2016, the Company had opened retail stores throughout China and 4 stores in the US with more planned in the coming years.